6826 N 45TH Avenue, Glendale, AZ 85301

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

Overview

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

Listing Details MLS# 5082395

Location, Tax & Legal

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
Country
US
County Code
Maricopa
Subdivision
Baltimore EST
Assessor Number
146-25-010
Tax Year
2013
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

Contract Info

Ownership
Fee Simple

General Property Description

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

Remarks Misc

Cross Street
Glendale and 45th Avenue
Directions
From I-17 West to 45th Avenue, South to property on the right.

Status Change Info

Off Market Date
2014-08-22
Under Contract Date
2014-07-18
Close of Escrow Date
2014-09-10

Legal Info

Township
2N
Range
2E
Section
9
Lot Number
7

More Information

Income Expenses

Net Operating Income
57901

1 Bedroom Units

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

2 Bedroom Units

# 2 Bedroom Units
9
Avg Rent
610
Avg SqFt
750
# Baths
Yes

3 Bedrooms Units

# 3 Bedroom Units
Yes
Avg Rent
710
Avg SqFt
1000
# Baths
Yes

Contact Info

List Agent Home Phn
602-820-2600

Sold Info

Loan Type
Conventional
Loan Years
5
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

13 - 24 Units
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Concrete
Yes
Vinyl
Yes
Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

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
Yes

Heating

Electric
Yes

Cooling

Other
Yes
See Remarks
Yes

Exterior Amenities

Landscape Water System
Yes
Green Landscaping
Yes
Partially Fenced
Yes

Interior Features

Mini Blinds
Yes

Tenant Pays

Other (See Remarks)
Yes

Appliances Included

Other
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

1 Space/Unit
Yes
Paved
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

Owner Pays

Other
Yes
See Remarks
Yes

New Financing

No Carry
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

4 Bedrooms Units

Avg Rent
0

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
IDX
Listing Office: City Walk Real Estate
Last Updated: August - 06 - 2021
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