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7151 N 53rd Avenue, Glendale, AZ – $235,500

  • $236k Price
  • $236k Price

7151 N 53rd Avenue

Cash cow! Double Digit Cap Rate!! Three individually metered units producing $1675/month and 10.60% Cap Rate and potential for higher returns. Major updating done including a newer roof, hot water heater, and newer central A/C plus window A/C units. Some updating in the kitchens and baths. SQ Footage is 1,874. Add this one to your portfolio today! PLEASE DO NOT DISTURB THE TENANTS, DRIVE BY ONLY!

Essential Information

  • MLS® #5950505
  • Price$235,500
  • Year Built1948
  • TypeMulti-Family
  • Sub-TypeTri-Plex
  • StatusActive

Community Information

  • Address7151 N 53rd Avenue
  • SubdivisionPARK PLACE BLKS 2,5,6
  • CityGlendale
  • CountyMaricopa
  • StateAZ
  • Zip Code85301

Amenities

  • AmenitiesNo Pool
  • Parking Spaces3
  • ParkingOther (See Remarks)

Interior

  • AppliancesRefrigerator

Heating

Electric, Gas, Window/Wall Unit(s), Ceiling Fan(s)

Cooling

Central A/C, Electric Refrigeratd, Window/Wall Unit

Exterior

  • Exterior FeaturesFenced
  • Lot Description5559
  • RoofComp Shingle
  • ConstructionBrick, Frame - Wood

School Information

  • ElementaryIsaac E. Imes
  • MiddleGlendale Landmark
  • HighGlendale

District

040 - Glendale Elementary District

Additional Information

  • Zoning8612

Listing Details

  • OfficeVenture REI, LLC
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Price Change History for 7151 N 53rd Avenue, Glendale, AZ (MLS® #5950505)

Date Details Change
Price Reduced from $237,500 to $235,500 $2,000 (0.84%)
Price Increased from $229,900 to $237,500 $7,600 (3.31%)
Price Reduced from $232,500 to $229,900 $2,600 (1.12%)
Price Reduced from $234,900 to $232,500 $2,400 (1.02%)
Price Reduced from $237,500 to $234,900 $2,600 (1.09%)
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Venture REI, LLC.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Coldwell Banker Residential Brokerage. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on April 5th, 2020 at 12:33pm MST.