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Eco Friendly
Address
5913 W Palmaire Avenue Glendale, AZ
Price
$ 549,900
Property Attributes
  • MLS#5932854
  • TypeMulti-Family
  • CountyMARICOPA
  • CityGlendale
  • Zip85301
  • Style
  • Year Built1935
  • Taxes1210
  • Price$ 549,900
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage1949
Listing Provided Courtesy Of:
Grayson & Grayson
Property Description

You have to drive this one to believe it. Located directly across the street from Historic Downtown Glendale with shops, restaurants, and transportation. 100% occupancy at $5,238 per month or $62,856 gross rental income per year at a 9.5% CAP. Two separate, adjacent parcels and addresses. Can go either residential or commercial financing. These newly renovated units have capital improvements that include new roofs, fresh paint inside and out, new dual pane, energy efficient windows, new HVAC, heat pumps, and mini-splits, new white shaker cabinets with counter tops, tile flooring throughout, and new plumbing/lighting fixtures. There is still room for a value add as well. Property is currently professionally managed with leases, rent rolls, expenses, and capital expenditures upon request.

Elementary School Middle School High School
Glendale Landmark Middle School Glendale Landmark Middle School Glendale High School
Price History
6/12/2019 Listed $549,900

General Features

1 Bedroom Units: Avg Rent 850.00
2 Bedroom Units: Avg Rent 712.50
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Frame - Wood
Elementary School Glendale Landmark Middle School
Features No Pool
High School Glendale High School
Listing Status Active
Map Code/Grid N32
Middle School Glendale Landmark Middle School
Net Income 52246.00
New Financing Conventional, 1031 Exchange
Owner Pays Water, Sewer, Electric, Gas, Trash
Property Type F
School District 040 - Glendale Elementary District
Special Owner/Agent
Tenant Pays Cable TV
Type ER
Year Built 1935
Zoning C-2

Interior Features

1 Bedroom Units: # 1 Bedroom Units 1
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 549
2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 2
2 Bedroom Units: Avg Sqft 700
Appliances Included F/S Oven/Range, Refrigerator
Cooling Central A/C, Electric Refrigeratd, Individual, 2 or More Units, Window/Wall Unit, Heat Pump
Electric APS, Master Meter
Floors Ceramic Tile
Gas Master Meter, SW Gas
Heating Electric, Gas, Heat Pump, Individual, Central, Window/Wall Unit(s)
Interior Features Unfurnished, Fire/Smoke Alarm(s)
Total Number of Units 7.00

Exterior Features

Public Remarks You have to drive this one to believe it. Located directly across the street from Historic Downtown Glendale with shops, restaurants, and transportation. 100% occupancy at $5, 238 per month or $62
Sale Includes Land & Building
Const - Finish Painted, Stucco
Covered Parking Spcs 0.00
Exterior Features Fenced, Patio/Balcony
Lot Size Dimensions 90 x 170
Parking Free, 1 Space/Unit, Add'l Parking Avail
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 10.00
Water Master Meter

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85301

Price
AVG $430K
$550K
Taxes
AVG $1,324
$1,210
Visits
AVG 44
13
Year Built
AVG 1948
1935

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