Value add opportunity for a rare 10 unit apartment building in Glendale. This property has four 2 bedroom units, five 1 bedroom units, and one studio that generate $8,455 per month gross or $101,460 per year in gross rental income. The property features an automatic gate to a large parking area, all units have tile floors, tiled showers, individual heat pumps/HVACs, all appliances, and fresh paint. This property is professionally managed with all tenants on yearly leases and security deposits on file. Tenants pay electric. A laundry facility may be added for an additional amenity.
Courtesy of: Grayson & Grayson The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the West USA Ahwatukee. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 2nd February, 2023 7:33 PM (UTC)
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