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Skeens & Jarnagin LLC

Skeens & Jarnagin LLC
5800 West Glenn Drive
Glendale, AZ 85301

623-939-4141
Contact Us

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Listing 12 out of 17
Sold for $685,000 Sold

6633 58th Drive
Glendale, AZ 85301

10 units | Multi Family Home - MLS# 5897390
Property Photo

Sold

Sold for $685,000 on Jun 7, 2019

Description

10.2% projected proforma from this solid C class ten-plex that was just refreshed with new paint in and out, stucco, new doors, light fixtures, some plumbing fixtures, ceiling replaced and roof repairs made, two new gas water heaters, a new a/c unit and rerun electrical throughout! 9 new tenants with 80%+ guaranteed rents, one leases that will finish out this year and can be increased at that point (Oct). This property has individually metered electric, although the landlord pays all utilities (except 1 existing lease). Security cameras convey with the property. DRIVE BY ONLY-DO NOT DISTURB TENANTS No sign and No interior showing until we have an accepted purchase contract. Buyer to measure and verify any facts or figures upon acceptance

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $700,000
  • County/Area: Maricopa County
  • Zip Code: 85301
  • Year Built: 1945
  • Subdivision/Neighborhood: Glendale Blks 42-46
  • School District: 040 - Glendale Elementary District
  • Elementary School: Glendale American School
  • Middle School: Glendale Landmark Middle School
  • High School: Glendale High School
  • Units: 10 units
  • # of Parking Spaces: 14
  • Zoning: M1
  • 1 Bedroom Units: # 1 Bedroom Units: 7
  • 1 Bedroom Units: # Baths: 1
  • 1 Bedroom Units: Avg Rent: 862.25
  • 1 Bedroom Units: Avg SqFt: 500
  • 2 Bedroom Units: # 2 Bedroom Units: 2
  • 2 Bedroom Units: # Baths: 1
  • 2 Bedroom Units: Avg Rent: 1089.92
  • 2 Bedroom Units: Avg SqFt: 700
  • Appliances Included: F/S Oven/Range, Refrigerator
  • Complex Features: No Pool
  • Const - Finish: Painted, Stucco
  • Construction: Block, Frame - Wood
  • Cooling: Central A/C, Electric Refrigeratd, Individual
  • Efficiency Units: # Baths: 1
  • Efficiency Units: # Efficiency Units: 1
  • Efficiency Units: Avg Rent: 727.28
  • Efficiency Units: Avg SqFt: 350
  • Electric: APS
  • Exterior Features: Desert Landscaping, Fenced, Cable TV Available, Patio/Balcony, Security Light(S)
  • Floors: Ceramic Tile
  • Gas: SW Gas
  • Heating: Electric, Gas, Individual, Ceiling Fan(s)
  • High School Dist #: 205 - Glendale Union High School District
  • Interior Features: Unfurnished, Fire/Smoke Alarm(S), Mini Blinds
  • Lot Dimensions: 100 x 140
  • Marketing Name: Glendale Blks
  • Net Income: 71631.00
  • Owner Pays: Water, Sewer, Electric, Gas, Trash, Landscaping
  • Parking: Free, Paved Parking, Street Parking, >1 Space Per Unit
  • Property Description: 5 - 12 Units
  • Roads/Streets: Asphalt/Blacktop, Private Street
  • Roofing: Comp Shingle
  • Sale Includes: Land & Building, Personal Property
  • Sewer: Sewer - Public
  • Tenant Pays: Cable TV
  • Water: City Franchise
  • Sold Date: 2019-06-07
  • Sold Price: 685000.00
Courtesy of Tru Realty



Skeens & Jarnagin LLC | 623-939-4141 | Contact Us
5800 West Glenn Drive Suite #252 - Glendale, AZ 85301
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