Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$894,900
Last Modified:
1/09/2025
Search
7106 N 68TH Avenue, Glendale, AZ 85303
$894,900
Description
Remarkable cash flowing asset with upside in rents! 4-plex property, all 2 bedroom units with 1 full bathroom, in-suite washer and dryer, renovated in 2018. Units are quipped with full appliance package - refrigerator, electric stove and overhead microwave/hood-fan. Easy to maintain, hassle-free investment property.
More Information MLS# 6801939
Contract Info
Ownership: Fee Simple
Current Price: $894,900
List Price: $894,900
Status: Active
List Date: 2025-01-08
Location, Tax & Legal
Assessor's Map #: 28
Legal Description (Abbrev): LOT 67 GLEN WEST ESTATES MCR 010334
Assessor's Parcel #: 74
Add'l Parcels: No
Tax Municipality: Glendale
Census Tract: 92705
Taxes: 1608
Legal: TBC
Marketing Name: GLENDALE 8-PLEX
House Number: 7106
Compass: N
Street Name: 68TH
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85303
Zip4: 2646
County Code: Maricopa
Subdivision: GLEN WEST ESTATES
Assessor Number: 143-28-074
Tax Year: 2020
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 60x120
Total # of Units: 4
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Elementary School: Desert Spirit
Jr. High School: Desert Spirit
High School: Glendale High School
Year Built: 1964
Zoning: R4
Legal Info
Range: 1E
Section: 1
Township: 2N
Lot Number: 67
Project Type
Four Plex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Foam: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 600
Annual Legal & Acctg: 0
Annual Maint Exp: 2500
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 4320
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 9028
Other Income: 0
Vacancy Allowance: 0.02
Adjusted Gross Inc: 82075
Pmt & Rate Info
Cap Rate: 6.7
Down Payment: 0
Equity: 894900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Electric: 1
Cooling
Central Air: 1
Heat Pump: 1
Exterior Amenities
Fenced: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
Water: 1
Trash Collection: 1
Landscaping: 1
New Financing
Conventional: 1
Special
Owner/Agent: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Hme Phn 2: 602.253.0113
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1495
Avg SqFt: 910
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 67th Ave & Glendale
Geo Lat: 33.539707
Geo Lon: -112.205582
Income Expenses
Gross Annual Sch Inc: 83750
Net Operating Income: 60000
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Foam
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Microwave; W/D Hookup
Heating: Heat Pump
Cooling: Heat Pump; Central Air
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: 1 Space/Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Projected Proforma
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
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: Conventional
Environmental: None
Listing Office:
XCD Realty & Property Mgmt
Last Updated: January - 09 - 2025
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