8310 N 60TH Avenue, Glendale, AZ 85302

$108,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $108,000 Last Modified: 7/21/2026

Overview

Description

100% LEASED - ALL 2BR. GREAT INVESTMENT OPPORTUNITY! 10.5% CAP Rate. Four-plex near Glendale Community College. These units are among a quaint complex that is undergoing a real rejuvenation. All units just remodeled. This investment opportunity offers an excellent current return, an attractive price-per-unit and excellent potential for long term appreciation. NOT a Short Sale! NOT Bank Owned! Rapid seller response. Deliverable Immediately.

Listing Details MLS# 4593870

Location, Tax & Legal

Map Code/Grid
M32
House Number
8310
Compass
N
Street Name
60TH
St Suffix
Avenue
City/Town Code
Glendale
State/Province
AZ
Zip Code
85302
Zip4
5822
Country
US
County Code
Maricopa
Subdivision
TERESA ESTATES
Assessor Number
143-14-038
Tax Year
2010
Assessor's Map #
14
Legal Description (Abbrev)
TERESA ESTATES
Assessor's Parcel #
38
Add'l Parcels
No
Tax Municipality
Glendale
Census Tract
92304
Taxes
1964.24
Legal
TERESA ESTATES
Marketing Name
TERESA ESTATES

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
10954
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

Remarks Misc

Cross Street
61st Ave & Northern
Directions
North on 61st Avenue. Right on Laurie Ln. Left on 60th Avenue. Subject property is the 2nd building on the left.

Status Change Info

Off Market Date
2011-07-26
Under Contract Date
2011-07-13
Close of Escrow Date
2011-08-15

Legal Info

Township
3N
Range
2E
Section
31
Lot Number
15

More Information

Income Expenses

Gross Annual Sch Inc
23760
Net Operating Income
13635

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
495
Avg SqFt
800
# Baths
Yes

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Graduated
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

Roofing

Composition
Yes

Floors

Vinyl
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes
Personal Property
Yes
Laundry Equipment
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
1084.59
Annual Land Lse Exp
0
Annual Landscape Exp
300
Annual Legal & Acctg
0
Annual Maint Exp
1000
Annual Mgmt Exp
2376
Annual Trash Exp
0
Annual Wtr/Swr Exp
2400
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
1000
Annual Other Expense
0
Operating Exp
10124.83
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
23760

Pmt & Rate Info

Cap Rate
10.5
Down Payment
0
Equity
129900
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes
Electric
Yes

Exterior Amenities

Fenced
Yes
Partially Fenced
Yes
Cable TV Available
Yes

Interior Features

Unfurnished
Yes
Mini Blinds
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
<1 Space Per Unit
Yes
Assigned
Yes

Electric

SRP
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

VA
Yes
Conventional
Yes
FHA
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
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

Sch of Personal Prop
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 Roofing: Composition Floors: Vinyl; Carpet Sale Includes: Land & Building; Personal Property; Laundry Equipment Community Features: No Pool Exterior Amenities: Fenced; Partially Fenced; Cable TV Available Interior Features: Unfurnished; Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Washer/Dryer Cooling: Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport; <1 Space Per Unit; Assigned Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner; Projected Proforma Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable 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: VA; FHA; Conventional Environmental: None
IDX
Listing Office: HomeSmart
Last Updated: July - 21 - 2026
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