4736 W BETHANY HOME Road, Glendale, AZ 85301
$635,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$635,000
Last Modified:
2/24/2025
Description
Welcome to this terrific 6 plex with tons of potential. An investors' dream purchase! Currently all units are rented out. Neighboring buildings currently being updated. Extremely easy to rent. Each unit offers a rare large 2 bed 1.5 bath with inside laundry hook up. AC units and roof are in good condition and have been replaced within the last 7 years. Drive by only due to tenant rights. Available to show upon accepted offer.
More Information MLS# 6106342
Contract Info
Ownership: Fee Simple
Current Price: $635,000
Sold Price: $635,000
Status: Closed
List Date: 2020-07-20
Location, Tax & Legal
Assessor's Map #: 24
Assessor's Parcel #: 64
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 0
Taxes: 2532
Tax District: 400
Legal: N/A
Marketing Name: N/A
Map Code/Grid: N32
House Number: 4736
Compass: W
Street Name: BETHANY HOME
St Suffix: Road
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 5261
County Code: Maricopa
Assessor Number: 146-24-064-A
Tax Year: 2019
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: IRR
Total # of Units: 6
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Elementary School: Glenn F Burton School
Jr. High School: Glendale Landmark Middle School
High School: Apollo High School
Year Built: 1971
Zoning: R-3
Legal Info
Cnty Rcrd Bk & Pg #: 8342
Lot Number: 14
Project Type
5 - 12 Units: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Ins Exp: 3000
Annual Landscape Exp: 1200
Annual Trash Exp: 1854
Annual Wtr/Swr Exp: 1854
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 10440
Other Income: 0
Vacancy Allowance: 0.04
Adjusted Gross Inc: 51552
Total Monthly Rental Income: 4475
Pmt & Rate Info
Cap Rate: 6.18
Equity: 699900
1st Encumbrance: 0
Down Payment %: 0
Monthly Payments: 0
1st Interest Rate: 0
1st Payment: 0
1st Payment Freq: None
2nd Encumbrance: 0
2nd Payment: 0
2nd Payment Freq: None
3rd Encumbrance: 0
3rd Payment: 0
3rd Payment Freq: None
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Text: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Individual: 1
Cooling
Electric: 1
Individual: 1
Tenant Pays
Electricity: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
1 Space/Unit: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Conventional: 1
1031 Exchange: 1
Existing 1st Loan
Other (See Rmks): 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 6
Avg Rent: 758
Avg SqFt: 1000
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Mobile Home Prk Info
Avg Rent Single Wide: 0
Avg Rent Double Wide: 0
Avg Rent Ovrnght Spc: 0
Avg Rent RV Spaces: 0
Avg Rent Oversize Sp: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: NORTH-EAST CORNER, WEST BETHANY HOME RD
Geo Lat: 33.524305
Geo Lon: -112.161695
Status Change Info
Off Market Date: 2020-10-22
Under Contract Date: 2020-10-20
Close of Escrow Date: 2021-02-01
Sold Price: $635,000
Income Expenses
Gross Annual Sch Inc: 53700
Net Operating Income: 43260
Property Features
Project Type: 5 - 12 Units
Construction: Block; Wood Frame
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl; Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator; W/D Hookup
Heating: Individual
Cooling: Electric; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Carport; 1 Space/Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text
Lockbox Type: None
Existing 1st Loan: Other (See Rmks)
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; 1031 Exchange
Environmental: None
Listing Office:
HomeSmart
Last Updated: February - 24 - 2025
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