6826 N 45TH Avenue, Glendale, AZ 85301

$795,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $795,000 Last Modified: 8/06/2021

Description

Many Capital Improvements in past 12 months. Apartments just to the South of subject property undergoing extensive Renovation. Block Construction, pitched roofs. Stabilized cash flow. 23+ uncovered parking. Escrow opened with Fidelity National Title Agency. Please contact Patti Graham at pgraham@fnf.com, 480-214-4554

More Information MLS# 5082395

Contract Info

Ownership: Fee Simple Current Price: $795,000 Sold Price: $795,000 Status: Closed List Date: 2014-03-10

Location, Tax & Legal

Assessor's Map #: 25 Legal Description (Abbrev): BALTIMORE EST Assessor's Parcel #: 10 Add'l Parcels: Yes Tax Municipality: Glendale Census Tract: 93001 Taxes: 0 Legal: BALTIMORE ESTATES other APN tied to property is 146-25-009 Marketing Name: The Gardens Map Code/Grid: N32 House Number: 6826 Compass: N Street Name: 45TH St Suffix: Avenue City/Town Code: Glendale State/Province: AZ Zip Code: 85301 Zip4: 3510 County Code: Maricopa Subdivision: Baltimore EST Assessor Number: 146-25-010 Tax Year: 2013

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 23 Lot Size Dimensions: 28000 Total # of Units: 23 Elementary School District: Glendale Elementary District High School District: Glendale Union High School District Year Built: 1962 Zoning: R-4

Legal Info

Range: 2E Section: 9 Township: 2N Lot Number: 7

Project Type

13 - 24 Units: 1

Construction

Block: 1

Const - Finish

Painted: 1

Roofing

Composition: 1

Floors

Concrete: 1 Vinyl: 1 Ceramic Tile: 1 Carpet: 1

Sale Includes

Land & Building: 1

Income & Expenses

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

Pmt & Rate Info

Cap Rate: 7.19 Down Payment: 0 Equity: 805000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0 Assessment Balance: 0

Community Features

Pool: 1

Heating

Electric: 1

Cooling

Other: 1 See Remarks: 1

Exterior Amenities

Landscape Water System: 1 Green Landscaping: 1 Partially Fenced: 1

Interior Features

Mini Blinds: 1

Tenant Pays

Other (See Remarks): 1

Appliances Included

Other: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

1 Space/Unit: 1 Paved: 1

Electric

SRP: 1

Gas

SW Gas: 1

Owner Pays

Other: 1 See Remarks: 1

New Financing

No Carry: 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

Contact Info

List Agent Home Phn: 602-820-2600

Efficiency Units

Avg Rent: 0

1 Bedroom Units

# 1 Bedroom Units: 13 Avg Rent: 505 Avg SqFt: 650 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 9 Avg Rent: 610 Avg SqFt: 750 # Baths: 1

3 Bedrooms Units

# 3 Bedroom Units: 1 Avg Rent: 710 Avg SqFt: 1000 # Baths: 1

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Conventional Loan Years: 5 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: Glendale and 45th Avenue Directions: From I-17 West to 45th Avenue, South to property on the right. Geo Lat: 33.537533 Geo Lon: -112.156291

Status Change Info

Off Market Date: 2014-08-22 Under Contract Date: 2014-07-18 Close of Escrow Date: 2014-09-10 Sold Price: $795,000

Income Expenses

Net Operating Income: 57901

Property Features

Project Type: 13 - 24 Units Construction: Block Const - Finish: Painted Roofing: Composition Floors: Concrete; Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: Pool Exterior Amenities: Landscape Water System; Green Landscaping; Partially Fenced Interior Features: Mini Blinds Appliances Included: Other Cooling: Other; See Remarks Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: 1 Space/Unit; Paved Road Surface Type: Asphalt Owner Pays: Other; See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner 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: No Carry Environmental: None
Listing Office: City Walk Real Estate
IDX
Last Updated: August - 06 - 2021
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