7155 N 66th Drive, Glendale, AZ 85301

$660,000
8
BD
4
BA

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List Price
$660,000
Status
ACTIVE
Days on Market
24
MLS#
7067778
City
Glendale
Bedrooms
8
Bathrooms
4
Year Built
1984

Property Description

7155 North 66th Drive is a 4-unit multifamily community located approximately one mile northwest of Downtown Glendale and Grand Avenue (Highway 60). Built in 1984 and partially upgraded in 2023, the property features an all two-bedroom / one-bath unit mix averaging 750 square feet, situated on a 7,096 square foot lot with an on-site parking lot. Completed upgrades include new flooring, interior paint, kitchen cabinets and countertops, bathroom vanities and finishes. All units are individually metered for electricity, limiting owner utility exposure.

Additional Information

Taxes
$1,567
Net Operating Income
$40,704
Cap Rate
6.17
Units
4
Parking Features
Paved, >1 Space Per Unit, Off Street
Construction
Wood Frame, Wood Siding
Roofing
Composition
Cooling
Central Air, Varies by Unit
Heating
Varies by Unit, Central
Zoning
R-3
Subdivision
Pecan Ridge One Lot 1-18 Tr A
Community Features
No Pool
Electric
City Electric, Individual Meter
Water
City Franchise
Tenant Pays
Electricity
New Financing
Conventional

Courtesy of ABI Multifamily. 602-714-1400

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