6706 N 55th Avenue, Glendale, AZ 85301

$550,000
7
BD
4
BA

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List Price
$550,000
Status
ACTIVE
Days on Market
11
MLS#
7073538
City
Glendale
Bedrooms
7
Bathrooms
4
Year Built
1940

Property Description

Great investment opportunity in Glendale! This well-maintained triplex features three units with a desirable mix: a spacious 4-bedroom/2-bath, a 2-bedroom/1-bath, and a 1-bedroom/1-bath. Property was updated in 2022 and features laminate flooring throughout. Excellent opportunity for an investor looking to add a multifamily property to their portfolio.

Additional Information

Taxes
$1,356
Net Operating Income
$48,450
Cap Rate
8.81
Units
3
Parking Features
<1 Space Per Unit, Off Street
Construction
Block, Stone
Roofing
Composition
Cooling
Central Air, Ceiling Fan(s)
Heating
Central
Zoning
Multi-Family
Subdivision
Park Addn 16-19
Community Features
No Pool
Electric
APS
Water
City Franchise, Individual Meter
Tenant Pays
Water, Sewer, Electricity, Gas, Trash Collection, Cable TV, Landscaping
New Financing
VA Loan, FHA, Conventional, Cash
Elementary School
Desert Garden Elementary School
Middle School
Desert Garden Elementary School
High School
Glendale High School

Courtesy of Gentry Real Estate. 480-750-9910

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