5911 W Lamar Road Unit 1, Glendale, AZ 85301
- $539,000
- 6
- BD
- 6
- BA
- List Price
- $539,000
- Status
- ACTIVE
- Price Change
- ▼ $10,000 1787178851
- Days on Market
- 65
- MLS#
- 7051471
- City
- Glendale
- Bedrooms
- 6
- Bathrooms
- 6
- Year Built
- 1960
Property Description
FANTASTIC LOCATION! Cash cow with long term tenants. Located within walking distance to Historic Glendale shopping and restaurant fare. Minutes on Grand Ave puts you in downtown Phoenix. Close to all Westgate amenities and spring training venues. Studio units sustainably developed with tile counter tops, tiled showers, tiled floors, with very little to replace. Each unit features a private courtyard patio. Units separately metered for APS. Property is eligible for 1031 exchange. Includes 111-10-074 & 111-10-077
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Additional Information
- Taxes
- $999
- Net Operating Income
- $59,424
- Cap Rate
- 10.82
- Units
- 6
- Flooring
- Ceramic Tile
- Parking Features
- 1 Space/Unit
- Construction
- Block, Stucco
- Roofing
- Rolled/Hot Mop
- Cooling
- Window/Wall Unit
- Heating
- Electric
- Zoning
- C-2
- Subdivision
- Orchard Add Blk 20-21-22 38-39-40 Amd
- Community Features
- No Pool
- Electric
- APS, Individual Meter
- Water
- Master Meter, City Franchise
- Tenant Pays
- Electricity
- New Financing
- VA Loan, FHA, Conventional, 1031 Exchange, Cash
Courtesy of Ivy Realty. 623-299-4954
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