6733 N 54TH AVE
GLENDALE, AZ 85301
$1,750,000
N/A Beds
0 Baths
N/A Sq Ft
Status Active
MLS# 6687609
This offering is a 10-unit/four parcel assemblage (sold together only). Long-term owner, self-manages. Attractive Seller Financing is available with 30% down. Near Historic Downtown Glendale on a well-kept residential block. All m-t-m leases. 60% of the units have recent upgrades. The combined sf of the units is about 8700 total sf or $201/sf. The unit mix over nine buildings consists of: (1) 4 bed/2 bath house; (3) 3 bed/1 bath houses; (1) 2 bed/1 bath houses; (4) 1 bed/1 bath units; & (1) Studio unit. Expenses are low. The total utility bill cost is $300/m for w/s/t, electric. Proforma/market rents are about $12,800/month. 7+ CAP after finishing the value-add/maximizing rents. Flexibility to upgrade/sell off each parcel or hold long-term as a package. Buyer to complete/rely on own DD.
Details for 6733 N 54TH AVE
Built in 1945
18 parking spaces
Other,See Remarks,Heat Pump,Electric,Wall/Window Unit(s)
Other, See Remarks, Heat Pump, Window/Wall Unit(s), Electric, Natural Gas
46 Days on website
0 acres lot