7151 N. 53rd Avenue, Glendale, AZ 85301

FOR SALE
  • $160,000
  • 19 Days on site
  • Est: $593/month
  • Mortgage Center
  • Beds: n/a
  • Baths: n/a
  • Multi-Family Home
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Description

Cash Cow!! Double Digit Cap Rate!! Fully Rented Tri-plex in a desirable location near bus lines with long term tenants. Three individually metered units producing $1675/month and 10. 60% Cap Rate and potential for higher returns. Major updating done including a newer roof, hot water heater, and newer central A/C plus window A/C units. Some updating in the kitchens and baths. There are 2) two bedroom units that rent for $575 and $625 and 1) one bedroom unit that rents for $475. These units always rent easily with long term tenants in the third unit. SQ Footage is 1,874. Add this one to your portfolio today! PLEASE DO NOT DISTURB THE TENANTS, DRIVE BY ONLY. Pre Home Inspection completed and available with offer Click here to learn more about this listing.

  • MLS ID# 5526210
  • Year Built: 1948
  • 19 Days on site
  • Multi-Family Home
  • Beds: n/a
  • Baths: n/a

Listing Details

Flooring
Carpeted, Ceramic, Vinyl
Roof
Shingle Roof
Tax Amount
$709
Tax Year
2016
Cooling
Central Air, Central Cooling, Window Wall Unit

Local Info

Population
59,991
Median Household Income
$36,159
Median Years In Residence
8
Median Homeowner Age
28
Households with Children
59.04%
Percent of Homes Rented
49.95%

Nearby Elementary Schools

5600 W Palmaire Ave
4932 W Myrtle Ave
5730 W Myrtle Ave

Nearby Middle Schools

5600 W Palmaire Ave
4932 W Myrtle Ave
5730 W Myrtle Ave

Nearby High Schools

8045 N 47th Ave
8045 N 47th Ave
6216 W Glendale Ave

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Mortgage Rates

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Property Contact Info

Listing Provided By: Re/Max Platinum Living
(480) 699-0777
Listing Agent: Joe P Pascale

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