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$1,799,000
5505 W Palmaire Ave, Glendale, AZ 85301
0 Beds
0 Baths
n/a SqFt

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Excellent opportunity to purchase 2 4-plexes. Property being sold with additional 4 plex at 7126 N 55th Ave. (1,799,000 million each) Newly built 4 plexes on corner lot with great income potential.
  • Price:
  • $1,799,000
  • Year Built:
  • 2022
  • Listing ID #:
  • 6389513
  • Street Address:
  • 5505 W Palmaire Ave
  • City:
  • Glendale
  • State:
  • Arizona
  • Postal Code:
  • 85301
  • County:
  • Maricopa
  • Subdivision:
  • Park Addn Blks 26-28, 7-15
  • Listing Status:
  • Active
  • Listing Type:
  • ResidentialMultiFamily
School District: 205 - Glendale Union High School District
2
out of 5

Glendale Landmark School
Public
School Grade Level K-8
School Students 750 students
School Teachers 15 student/
teacher
2
out of 5

Glendale Landmark School
Public
School Grade Level K-8
School Students 750 students
School Teachers 15 student/
teacher
2
out of 5

Glendale High School
Public
School Grade Level 9-12
School Students 1522 students
School Teachers 21 student/
teacher
  • Construction Description:
  • Frame - Wood
  • Exterior Features:
  • Patio/Balcony
  • Flooring:
  • Carpet, Vinyl
  • Interior Features:
  • Unfurnished, Vertical Blinds
  • Number Of Units:
  • 4.00
  • Siding:
  • Painted, Stucco
  • Type Of Roof:
  • Comp Shingle
  • Year Built:
  • 2022
  • Adjusted Gross Income:
  • 106675.20
  • Net Operating Income:
  • 100808.06
  • Operating Expense:
  • 754.00
  • Conforms To Zoning:
  • R3
  • Community Features:
  • No Pool
  • Included In Sale:
  • Land & Building
  • Terms:
  • 1031 Exchange, Conventional
  • Owner Pays:
  • Landscaping, Sewer, Trash Collection, Water
  • Property Taxes:
  • $754
  • Tenant Pays:
  • Cable Tv, Electric
  • Covered Parking Spaces:
  • 4.00
  • Parking Description:
  • 1 Space/Unit, Garage
  • Parking Spaces:
  • 12.00
  • Appliances:
  • Dishwasher, F/S Oven/Range, Microwave, Refrigerator, Washer/Dryer
  • Cooling System:
  • Electric
  • Electricity:
  • Aps
  • Existing Water:
  • City Franchise
  • Heating:
  • Electric
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Robert Romanet with ARRT of Real Estate
  • ARMLS

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