5824 W Rose Ln., Glendale, AZ 85301 (New Pics)

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Sale!

$550,000.00 $395,000.00

Unique Glendale 4-Plex with Large Back Yards for each Unit!

PRICE: $395,000
ARVE: $550,000
5824 W Rose Ln., Glendale, AZ 85301
Cross-streets: 59th Ave & Glendale Ave
Beds/Baths: 4/4 (1/1s) as is; can be converted to 6/4
Livable SF: 2,400 s.f. (~600 sf/unit)
Lot Size: 10,155 s.f. (Large Lot!)
Year Built: 1974
Taxes: $1,106 (2019 Final)
APN: 146-09-026-E
All Month-to-Month Tenants at $750-850/mo; may re-tenant if wanted
Garden-style units – each comes with a nice big yard – perfect for optimizing rents
Market rates of ~$850/mo for 1 BRs & $1000/mo for 2 BRs
Large Covered Patio between Units 2 & 3 can be converted to extra bedrooms for each unit = higher rents & ~$50-60k of additional value.
Separately metered for Electric!
Newer Roof
INDIVIDUALLY METERED FOR ELECTRIC. Large Separate yards for each unit. Enclose large patio in between units 2 & 3, and upgrade to two 2-Bedroom Units, which can be rented for ~$1,000/mo. By doing this and re-tenanting at market values, this property can provide an 8% Cap Rate even AFTER $20k is allocated for the improvements. $380k Purchase Price + 20k Improvements = $400k

For Sale Discount Price No Credit, ITIN Ok 15% Down

 

Perfect location for rental, fix and flip or single-family residence.

Homes rarely go on the market in this subdivision and when they do, they sell quickly. Recent subdivision rental.

 

Needs cosmetic remodeled and updated. Great floorplan. Low maintenance.

 

Cash or Hard Money Close of Escrow in 7 to 10 days

Serious Buyers Only!

Call Today 602 668 9974

 

For Sale Cash or Private Money Only

$5.5k Non-Refundable Earnest Money to secure.

The property appears in good condition buyer to do own due diligence Before Open Escrow

Property is for Sell As Is Where its Is. No Clue Report and No SPDS

 

Realtors Welcome, add your fee on the top of the Wholesale Price of

the house. and You will get paid at the Title Company

Please Don’t call to list the property in MLS Thank you.

 

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