6034 W CRESTWOOD Way, Glendale, AZ 85301 (MLS# 6410168)

6034 W CRESTWOOD Way, Glendale, AZ 85301

$570,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $570,000 Last Modified: 4/13/2025

Overview

Description

Great Investment four-plex Property. Each unit is 2 bedroom 1 bath. 2 recently renovated, with wood tile flooring. All units have new dual pane windows throughout, 1 carport per unit with storage closet. Each tenant is on a month to month lease so can you can easily raise rent rates to what they are currently going for. **Drive by only must have contract and offer negotiated prior to schedule viewing appointment.**

Listing Details MLS# 6410168

Location, Tax & Legal

Map Code/Grid: N32
House Number: 6034
Compass: W
Street Name: CRESTWOOD
St Suffix: Way
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 6729
Country: US
County Code: Maricopa
Subdivision: GRANDEAIRE VILLAGE
Assessor Number: 144-28-034
Tax Year: 2021
Assessor's Map #: 28
Legal Description (Abbrev): LOT 30 GRANDEAIRE VILLAGE MCR 010308
Assessor's Parcel #: 34
Add'l Parcels: No
Tax Municipality: Glendale
Census Tract: 93106
Taxes: 1450
Legal: N/A
Marketing Name: GRAND-AIRE VILLAGE

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 8831
Year Built: 1973
Uncvrd Parking Spcs: 2
Total # of Units: 4
# of Buildings: Yes
Zoning: R-4
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Elementary School: Greenfield Elementary School
Jr. High School: Challenger Middle School
High School: Independence High School

Remarks Misc

Cross Street: 59th Ave. & Bethany Home Rd.

Status Change Info

Off Market Date: 2022-06-02
Under Contract Date: 2022-06-02
Close of Escrow Date: 2022-07-12

Legal Info

Township: 2N
Range: 2E
Section: 18
Lot Number: 30

More Information

Income Expenses

Net Operating Income: 28657

2 Bedroom Units

# 2 Bedroom Units: 4
Avg Rent: 800
Avg SqFt: 787
# Baths: Yes

Contact Info

List Agent Home Phn: 623-826-6857

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

Four Plex: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Composition: Yes

Floors

Other: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 995
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 900
Annual Wtr/Swr Exp: 1600
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 4945
Other Income: 34800
Vacancy Allowance: 0
Adjusted Gross Inc: 34800

Pmt & Rate Info

Cap Rate: 5.12
Down Payment: 0
Equity: 560000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0

Lockbox Type

Supra: Yes

Community Features

Other: Yes
See Remarks: Yes

Heating

Electric: Yes

Cooling

Electric: Yes

Exterior Amenities

Curb(s) & Gutter(s): Yes
Sidewalk(s): Yes
Separate Storage: Yes

Interior Features

Other (See Remarks): Yes

Tenant Pays

Electricity: Yes

Appliances Included

Other: Yes

Road Access Type

Alley: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Assigned: Yes

Electric

APS: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes

New Financing

VA: Yes
Conventional: Yes
FHA: Yes

Special

Accept Backups (CLO): Yes

Existing 1st Loan

Conventional: Yes

Existing 1st Loan Type

Fixed: Yes

Existing 1st Loan Terms

Non Assumable: 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

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Other Sale Includes: Land & Building Community Features: Other; See Remarks Exterior Amenities: Curb(s) & Gutter(s); Sidewalk(s); Separate Storage Interior Features: Other (See Remarks) Appliances Included: Other Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Assigned Road Access Type: Alley Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Special: Accept Backups (CLO) Lockbox Type: Supra Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable 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: VA; FHA; Conventional Environmental: None

Listing Office: A.Z. & Associates

Last Updated: April - 13 - 2025