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5963 W Ocotillo Road

Glendale, AZ 85301
  • $595,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 6290641
UPDATED: 62 min ago
$595,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1945
County:
Area:

School Ratings & Info

Description

This Ocotillo fourplex represents one of the few value add opportunities around. All units are vacant and the property is ready for immediate renovation. Renovated C class units are in very high demand in this area of Glendale. The property includes two parcels and is a large corner lot. The unit mix is two 1-bed and two 2-bed units. Each unit is individually metered for electricity and gas. Water is on a common meter. Each unit has a spacious back yard and large grassy area in front. There are washer/dryer hookups and individual covered carports. The lot is spacious with lush trees and landscaping. Located within half a mile from downtown Glendale and four miles from Westgate entertainment center, this is a...this is a high demand rental area. Proforma rents post renovation are $1,000 (1-bed) and $1,300 (2-bed).

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© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than West USA Realty. Data last updated 2021-10-28T00:11:45.98.
www.househelpersaz.com/homes/121238184
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5963 W Ocotillo Road Glendale, AZ 85301

  • Price: $595,000
  • Status: Active
  • Updated: 62 min ago
  • MLS #: 6290641
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1945
Built
Neighborhood:
Glencroft
County:
Maricopa
Area:
Glendale
School District:
040 - Glendale Elementary District
Property Description
This Ocotillo fourplex represents one of the few value add opportunities around. All units are vacant and the property is ready for immediate renovation. Renovated C class units are in very high demand in this area of Glendale. The property includes two parcels and is a large corner lot. The unit mix is two 1-bed and two 2-bed units. Each unit is individually metered for electricity and gas. Water is on a common meter. Each unit has a spacious back yard and large grassy area in front. There are washer/dryer hookups and individual covered carports. The lot is spacious with lush trees and landscaping. Located within half a mile from downtown Glendale and four miles from Westgate entertainment center, this is a...this is a high demand rental area. Proforma rents post renovation are $1,000 (1-bed) and $1,300 (2-bed).
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 4.00 Lot Size Dimensions Unk Parking 1 Space/UnitCarportStreet Parking Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 557 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 557 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included None Cooling Other Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic Tile Heating Other

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 0.00 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Cross Street Glendale Rd & 59th Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing Conventional Operating Exp 1048.00 Other Income 0.00 Owner Pays SewerTrash CollectionWater Project Type Four Plex Sale Includes Building(S) Only Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Glendale Taxes 1048.00 Tenant Pays Cable TvElectricGas Vacancy Allowance 0.00 Water City FranchiseIrrigation Zoning R-3

Listing courtesy of Blue Saguaro Commercial Realty, Llc.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than West USA Realty. Data last updated 2021-10-28T00:11:45.98.
 
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West USA Realty
2340 E. Beardsley Rd. #110
Phoenix AZ, 85024