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7125 N 55TH Avenue, Glendale, AZ 85301
$625,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$625,000
Last Modified:
1/16/2025
Overview
Description
Listing Details MLS# 5818695
Location, Tax & Legal
- Map Code/Grid
- N32
- House Number
- 7125
- Compass
- N
- Street Name
- 55TH
- St Suffix
- Avenue
- City/Town Code
- Glendale
- State/Province
- AZ
- Zip Code
- 85301
- Zip4
- 2531
- Country
- US
- County Code
- Maricopa
- Subdivision
- MCINTYRE PLACE
- Assessor Number
- 147-17-001-B
- Tax Year
- 2017
- Assessor's Map #
- 17
- Legal Description (Abbrev)
- MCINTYRE PL N 54' OF LOT 1
- Assessor's Parcel #
- 1
- Assessor Parcel Ltr
- B
- Add'l Parcels
- No
- Tax Municipality
- Glendale
- Census Tract
- 92500
- Taxes
- 1715
- Legal
- MCINTYRE PL N 54' OF LOT 1
- Marketing Name
- MCINTYRE PLACE
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 54x202
- Year Built
- 1952
- Uncvrd Parking Spcs
- 8
- Total # of Units
- 8
- # of Buildings
- Yes
- Zoning
- R-3
- Elementary School District
- Glendale Elementary District
- High School District
- Glendale Union High School District
- Elementary School
- Glendale American School
- Jr. High School
- Glendale Landmark Middle School
- High School
- Glendale High School
Remarks Misc
- Cross Street
- 55th Ave and Glendale Ave
- Directions
- North on 55th ave to Palmaire Ave, property on South East Corner.
Status Change Info
- Off Market Date
- 2018-11-21
- Under Contract Date
- 2018-10-11
- Close of Escrow Date
- 2018-12-12
Legal Info
- Township
- 2N
- Range
- 2E
- Section
- 5
- Lot Number
- Yes
More Information
Income Expenses
- Gross Annual Sch Inc
- 66900
- Net Operating Income
- 53640
1 Bedroom Units
- # 1 Bedroom Units
- 6
- Avg Rent
- 650
- Avg SqFt
- 525
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 2
- Avg Rent
- 775
- Avg SqFt
- 710
- # Baths
- Yes
Contact Info
- List Agent Home Phn
- 623-340-8072
Sold Info
- Loan Type
- Conventional
- Loan Years
- 5
- Payment Type
- Balloon
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession to Buyer
- 25000
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
Project Type
- 5 - 12 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 3200
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 600
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 1200
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 3200
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 9915
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 63555
- Total Monthly Rental Income
- 5575
Pmt & Rate Info
- Cap Rate
- 8.02
- Down Payment
- 0
- Equity
- 669000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- No Pool
- Yes
Heating
- Heat Pump
- Yes
- Electric
- Yes
- Other
- Yes
- See Remarks
- Yes
Cooling
- Electric
- Yes
- Heat Pump
- Yes
- Other
- Yes
- See Remarks
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
- Fenced
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- Other
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- On Street
- Yes
- Add'l Parking Avail
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Conventional
- Yes
- 1031 Exchange
- Yes
Special
- Owner/Agent
- Yes
Existing 1st Loan
- Conventional
- Yes
Existing 1st Loan Type
- Fixed
- Yes
Existing 1st Loan Terms
- Non Assumable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- 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
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Composition
Floors:
Ceramic Tile
Sale Includes:
Land & Building; Laundry Equipment
Community Features:
No Pool
Exterior Amenities:
Desert Landscaping; Fenced
Appliances Included:
Free-Standing Range; Refrigerator; Other
Heating:
Heat Pump; Other; See Remarks
Cooling:
Electric; Heat Pump; Other; See Remarks
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
APS
Gas:
SW Gas
Parking Features:
On Street; Add'l Parking Avail
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity; Gas; Cable TV
Source of Fincl Data:
Owner
Special:
Owner/Agent
Existing 1st Loan:
Conventional
Existing 1st Loan Type:
Fixed
Existing 1st Loan Terms:
Non Assumable
Existing 2nd Loan:
Treat as Free&Clear
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Treat as Free&Clear
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
Documents
Listing Office:
Equity Realty Group, LLC
Last Updated: January - 16 - 2025
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