6306 W Maryland Avenue, Glendale, AZ 85301
- $1,100,000
- 8
- BD
- 8
- BA
- List Price
- $1,100,000
- Status
- ACTIVE
- Price Change
- ▼ $100,000 1763524267
- Days on Market
- 405
- MLS#
- 6900707
- City
- Glendale
- Bedrooms
- 8
- Bathrooms
- 8
- Year Built
- 1963
Property Description
Excellent 8-unit multifamily investment located at 6306 W Maryland Ave in Glendale, AZ. This well-kept property features three separate buildings on a 14,000+ sq ft lot (0.32 acres), offering approx. 3,200 sq ft of total living space. Each unit includes 1 bedroom and 1 bathroom with rental potential of $1,100-$1,200/month. Built in 1963 and zoned R-3, the property offers ample parking and opportunity for future upgrades or expansion. Ideally situated near downtown Glendale, shopping, schools, and freeways. A strong cash-flowing asset perfect for any investor's portfolio.
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Additional Information
- Taxes
- $1,797
- Net Operating Income
- $6,200
- Cap Rate
- 0.56
- Units
- 8
- Parking Features
- <1 Space Per Unit
- Construction
- Wood Frame, Stucco
- Roofing
- Other
- Cooling
- Electric, Window/Wall Unit, Ceiling Fan(s)
- Heating
- Natural Gas
- Zoning
- R3
- Subdivision
- Orchard Add Blk 6 Lot 5-10
- Community Features
- No Pool
- Electric
- APS
- Water
- City Franchise
- Tenant Pays
- Electricity, Gas
- New Financing
- FHA, Conventional, 1031 Exchange, Cash
Courtesy of Realty ONE Group. 623-236-1414
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