7109 N 68TH Drive 4, Glendale, AZ 85303
$660,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$660,000
List Date:
11/13/2021
Last Modified:
4/09/2022
Overview
Description
Listing Details MLS# 6320844
Location, Tax & Legal
- Map Code/Grid
- N31
- House Number
- 7109
- Compass
- N
- Street Name
- 68TH
- St Suffix
- Drive
- City/Town Code
- Glendale
- State/Province
- AZ
- Zip Code
- 85303
- Zip4
- 2643
- Country
- US
- County Code
- Maricopa
- Subdivision
- GLEN WEST ESTATES
- Assessor Number
- 143-28-050
- Tax Year
- 2021
- Unit #
- 4
- Assessor's Map #
- 28
- Legal Description (Abbrev)
- LOT 43 GLEN WEST ESTATES MCR 010334
- Assessor's Parcel #
- 50
- Add'l Parcels
- No
- Tax Municipality
- Glendale
- Census Tract
- 92705
- Taxes
- 1593
- Legal
- LOT 43 GLEN WEST ESTATES MCR 010334
- Marketing Name
- 8 plex on Glen West
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- unknown
- Year Built
- 1964
- Uncvrd Parking Spcs
- 4
- Total # of Units
- 4
- # of Buildings
- Yes
- Zoning
- Multi-Family
- Flood Zone
- No
- Elementary School District
- Glendale Elementary District
- Elementary School
- Discovery School
Remarks Misc
- Cross Street
- 67th Ave & Glendale Ave
- Directions
- Great opportunity to own a well managed multifamily in Heart of Glendale - Close to Cardinal Stadium, Shopping & Restaurants! All 2 bed, 1 bath approx 750sqft! Total 8plex -buildings next door. 7105 N
Status Change Info
- Off Market Date
- 2022-03-30
- Under Contract Date
- 2022-02-14
- Close of Escrow Date
- 2022-04-08
Legal Info
- Township
- 2N
- Range
- 1E
- Section
- Yes
- Lot Number
- 43
More Information
Income Expenses
- Gross Annual Sch Inc
- 46800
- Net Operating Income
- 36460
2 Bedroom Units
- # 2 Bedroom Units
- 4
- Avg Rent
- 950
- Avg SqFt
- 750
- # Baths
- Yes
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession to Seller
- 2.5
- Buyer Concession $/%
- %
- Seller Concession $/%
- %
- Seller Concession to Buyer
- 0
Project Type
- Four Plex
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
- Siding
- Yes
Roofing
- Built-Up
- Yes
Floors
- Vinyl
- Yes
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 1593
- Other Income
- 400
- Vacancy Allowance
- 0.02
- Adjusted Gross Inc
- 46256
Pmt & Rate Info
- Cap Rate
- 5.21
- Equity
- 700000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Showing Notification Methods
- Phone Call
- Yes
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
- Play Area
- Yes
Heating
- Electric
- Yes
Cooling
- Electric
- Yes
Exterior Amenities
- Fenced
- Yes
- Guard Gate
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- 1 Space/Unit
- Yes
Electric
- SRP
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
New Financing
- Conventional
- Yes
Special
- Owner/Agent
- Yes
Existing 1st Loan
- Conventional
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- 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; Siding
Roofing:
Built-Up
Floors:
Vinyl; Ceramic Tile
Sale Includes:
Land & Building
Community Features:
No Pool; Play Area
Exterior Amenities:
Fenced; Guard Gate
Appliances Included:
Free-Standing Range
Cooling:
Electric
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP
Gas:
SW Gas
Parking Features:
1 Space/Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection
Tenant Pays:
Electricity
Source of Fincl Data:
Projected Proforma
Special:
Owner/Agent
Showing Notification Methods:
Phone Call
Lockbox Type:
None
Existing 1st Loan:
Conventional
New Financing:
Conventional
Environmental:
None
Listing Office:
HomeSmart
Last Updated: April - 09 - 2022
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