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7155 N 66TH Drive, OFC, Glendale, AZ 85301 (MLS# 6752435)

7155 N 66TH Drive, OFC, Glendale, AZ 85301

$750,000
Property Type: Multiple Dwellings Status: Active
Current Price: $750,000 Last Modified: 9/04/2024

Description

The property was built in 1984 and has an on-site parking lot. This 4-plex features all 2-Bed / 1-Bath units. The upgraded units offer new flooring, interior paint, kitchen cabinets, countertops, bathroom vanities, and bathroom finishes. Opportunity in finishing upgrades to the two vacant units and stabilizing the property with full occupancy at market rents. Drive by only until accepted PSA.

More Information MLS# 6752435

Contract Info

Current Price: $750,000 List Price: $750,000 Status: Active List Date: 2024-09-03 Ownership: Fee Simple

Location, Tax & Legal

House Number: 7155 Compass: N Street Name: 66TH St Suffix: Drive Unit #: OFC City/Town Code: Glendale State/Province: AZ Zip Code: 85301 Zip4: 2384 Country: USA County Code: Maricopa Legal Description (Abbrev): LOT 18 PECAN RIDGE ONE LOT 1-18 TR A MCR 025121 Subdivision: PECAN RIDGE ONE LOT 1-18 TR A Assessor's Map #: 29 Assessor's Parcel #: 36 Add'l Parcels: No Assessor Number: 143-29-036 Legal: LOT 18 PECAN RIDGE ONE LOT 1-18 TR A MCR 025121 Census Tract: 92600 Tax Municipality: Glendale Taxes: 1382 Tax Year: 2023 Marketing Name: 66Th Drive Apartments

General Property Description

Lot Size Dimensions: 97.38x64.25x109.41x56.45 Year Built: 1984 Uncvrd Parking Spcs: 8 Total # of Units: 4 # of Buildings: 1 Zoning: R-3 Elementary School District: Glendale Elementary District High School District: Glendale Union High School District

Remarks & Misc

Geo Lat: 33.541779 Geo Lon: -112.201358

Status Change Info

Status Change Date: 2024-09-04

Legal Info

Township: 2N Range: 2E Section: 6 Lot Number: 18

Income & Expenses

Owner Association: No Operating Exp: 1382 Gross Annual Sch Inc: 67200 Other Income: 2400 Vacancy Allowance: 0.05 Adjusted Gross Inc: 66120 Net Operating Income: 50321

Pmt & Rate Info

Cap Rate: 6.71 Equity: 750000

Showing Notification Methods

Showing Service: Aligned Showings

2 Bedroom Units

# 2 Bedroom Units: 4 Avg Rent: 1350 Avg SqFt: 750 # Baths: 1

Property Features

Project Type: Four Plex Construction: Frame - Metal Const - Finish: Stucco Roofing: Comp Shingle Floors: Vinyl; Wood Sale Includes: Building(s) Only Community Amenities: No Pool Appliances Included: F/S Oven/Range; Refrigerator; Disposal; Microwave Heating: Central Cooling: Central A/C Water: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas Parking: >1 Space Per Unit Roads/Streets: Gravel; Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electric Source of Fincl Data: Projected Proforma Lockbox Type: None New Financing: Cash; VA; Conventional Reports/Disclosures: None Environmental: None
Listing Office: ABI Multifamily
Last Updated: September - 04 - 2024
7155 N 66TH Drive, OFC, Glendale, AZ 85301- MLS# 6752435
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