$475,000
Glendale, AZ 85301
MLS# 6802199
1 / 4
Property Description
Investment Opportunity! This 5-plex offers a unique blend of potential and affordability. Fire damage has presented the chance to renovate and customize this property to your vision. Featuring spacious 1-bedroom, 1-bathroom units, this property is ideally situated near shopping and public transportation, making it convenient for both residents and investors. Seller estimates $150k cost to rebuild the 2 units and remodel the remaining 3 units. Live in one unit while generating income from the others, or capitalize on the strong rental demand in this desirable location. Don't miss this chance to create a thriving income stream and build your real estate portfolio.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $475,000
List Price: $475,000
Status: Active
List Date: 2025-01-09
Location, Tax & Legal
Assessor's Map #: 29
Legal Description (Abbrev): HADSELLS ADD MCR 2-10 PT LOT 30 N 60F OF S 264.23F OF E 100F W2 E2 S2
Assessor's Parcel #: 11
Assessor Parcel Ltr: E
Add'l Parcels: No
Tax Municipality: Glendale
Census Tract: 92600
Taxes: 1129
Legal: HADSELLS ADD MCR 2-10 PT LOT 30 N 60F OF S 264.23F OF E 100F W2 E2 S2
Marketing Name: N/A
House Number: 7025
Compass: N
Street Name: 66TH
St Suffix: Drive
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 2303
County Code: Maricopa
Subdivision: HADSELLS ADDITION
Assessor Number: 143-29-011-E
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: IRR
Total # of Units: 5
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Year Built: 1955
Zoning: Multi
Legal Info
Range: 2E
Section: 6
Township: 2N
Lot Number: 30
Project Type
5 - 12 Units: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 3264
Annual Gas Exp: 840
Annual Ins Exp: 810
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 1200
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 2100
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 9343
Other Income: 0
Vacancy Allowance: 5
Adjusted Gross Inc: 0
Pmt & Rate Info
Cap Rate: 4.06
Down Payment: 0
Equity: 500000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
None: 1
Cooling
Window/Wall Unit: 1
Exterior Amenities
Desert Landscaping: 1
Interior Features
Unfurnished: 1
Tenant Pays
Cable TV: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Electric
SRP: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Electric: 1
Gas: 1
Trash Collection: 1
New Financing
Cash: 1
Owner May Carry: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-610-9883
List Agent Hme Phn 2: 602-610-9883
List Agent Cell Phn2: 602-610-9883
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 5
Avg Rent: 551
Avg SqFt: 550
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: West Glendale Ave and N 67th Dr
Directions: First street north of Glendale just East of 67Th Ave.
Geo Lat: 33.539066
Geo Lon: -112.201797
Income Expenses
Net Operating Income: 20286
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Interior Features: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator
Heating: None
Cooling: Window/Wall Unit
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: 1 Space/Unit
Road Surface Type: Asphalt
Owner Pays: Water; Electric; Gas; Trash Collection
Tenant Pays: Cable TV
Source of Fincl Data: Owner
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Owner May Carry
Environmental: None
Listing Office: My Home Group Real Estate
Last Updated: December - 22 - 2025
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.