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

Overview

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.

Listing Details MLS# 6106342

Location, Tax & Legal

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
Country
US
County Code
Maricopa
Assessor Number
146-24-064-A
Tax Year
2019
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

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
IRR
Year Built
1971
Total # of Units
6
# of Buildings
Yes
Zoning
R-3
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
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
NORTH-EAST CORNER, WEST BETHANY HOME RD

Status Change Info

Off Market Date
2020-10-22
Under Contract Date
2020-10-20
Close of Escrow Date
2021-02-01

Legal Info

Lot Number
14
Cnty Rcrd Bk & Pg #
8342

More Information

Income Expenses

Gross Annual Sch Inc
53700
Net Operating Income
43260

2 Bedroom Units

# 2 Bedroom Units
6
Avg Rent
758
Avg SqFt
1000
# Baths
Yes

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

5 - 12 Units
Yes

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes
Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

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
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes
Individual
Yes

Cooling

Electric
Yes
Individual
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Refrigerator
Yes
Free-Standing Range
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Projected Proforma
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
1 Space/Unit
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Conventional
Yes
1031 Exchange
Yes

Existing 1st Loan

Other (See Rmks)
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Other (See Remarks)
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Other (See Remarks)
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

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

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
IDX
Listing Office: HomeSmart
Last Updated: February - 24 - 2025
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