5913 W Palmaire Avenue

    Glendale, AZ 85301
    • $549,900
    • STATUS: Active
    • ON SITE: 5 days
    • MLS #: 5932854
    New On Site 5 Days Ago
    UPDATED: 43 min ago
    $549,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1935
    County:
    Area:

    Description

    What a remodeled turn key opportunity! 100% occupancy at $5,200 per month with tenants in place on or before July 1st, 2019. Two separate parcels and addresses. Can go either residential or commercial financing. These newly renovated units 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. Rents include utilities, which could be sub-metered or charged at a nominal fee. All tenants are on month to month leases. Property is currently professionally managed with rent rolls, expenses, and capital expenditures upon request.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Laughton Team | My Home Group. Data last updated 2019-06-18T11:10:51.09.
    www.myphoenixhomesearch.com/homes/95839970

    5913 W Palmaire Avenue Glendale, AZ 85301

    • Price: $549,900
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 5932854
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1935
    Built
    County:
    Maricopa
    Area:
    Glendale
    Elementary School:
    Glendale Landmark Middle School
    Middle School:
    Glendale Landmark Middle School
    High School:
    Glendale High School
    School District:
    040 - Glendale Elementary District
    Property Description
    What a remodeled turn key opportunity! 100% occupancy at $5,200 per month with tenants in place on or before July 1st, 2019. Two separate parcels and addresses. Can go either residential or commercial financing. These newly renovated units 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. Rents include utilities, which could be sub-metered or charged at a nominal fee. All tenants are on month to month leases. Property is currently professionally managed with rent rolls, expenses, and capital expenditures upon request.
    Exterior Features

    Construction BlockFrame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities FencedPatio/Balcony Lot Size Dimensions 90 X 170 Parking Free1 Space/UnitAdd'l Parking Avail Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 10.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 549 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 700 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigerator Cooling Central A/CElectric RefrigeratdIndividual2 Or More UnitsWindow/Wall UnitHeat Pump Efficiency Unit Avg Sq Ft 400 Efficiency Unit Baths 4 Floors Ceramic Tile Heating ElectricGasHeat PumpIndividualCentralWindow/Wall Unit(S) Interior Amenities UnfurnishedFire/Smoke Alarm(S)

    Property Features

    1 Bedroom Unit Avg Rent 850.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 737.50 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 62400.00 Annual Elec Exp 4000.00 Annual Gas Exp 1800.00 Annual Ins Exp 800.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1200.00 Annual Wtr Swr Exp 2400.00 Community Amenities No Pool Cross Street 59th Avenue And Glendale Efficiency Unit Avg Rent 718.75 Efficiency Units 4 Electric ApsMaster Meter Gas Master MeterSw Gas Gross Annual Sch Inc 62400.00 Hoa YN No Net Operating Income 50990.00 New Financing Conventional1031 Exchange Operating Exp 11410.00 Other Income 0.00 Other Type House + Rental UnitsPackaged Offering Owner Pays WaterSewerElectricGasTrash Project Type Tri-PlexFour Plex5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By OwnerProjected ProformaBooks Shwn Accpt Ofr Special Owner/Agent Tax Municipality Glendale Taxes 1210.00 Tenant Pays Cable Tv Totl Mnth Rntal Inc 5200.00 Vacancy Allowance 0.00 Water Master Meter Zoning C-2

    Listing courtesy of Grayson & Grayson.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Laughton Team | My Home Group. Data last updated 2019-06-18T11:10:51.09.
     
    The Laughton Team | My Home Group
    8631 W Union Hills Dr
    Peoria AZ, 85382