Listing ID6408667
Price$1,450,000
StatusActive
CountyMaricopa
SubdivisionCAMELBACK HORIZONS
Year Built1959
Property TypeMultifamily Residential
Property Sub TypeFour Plex
This 4 unit apartment community was built in 1959 and consists of (3) 1-bedroom / 1-bathroom units and (1) 2-bedroom / 1-bathroom unit. The exterior is in great condition and has clean, easy to maintain desert landscape which provides attention-grabbing curb appeal. Each unit boasts an individual private patio and a personal covered parking spot in the carport located at the back of the complex. The community also has an easily accessible laundry room for the 2-bedroom/1-bathroom unit that could be transformed into a community laundry facility. is in close proximity to various boutique eateries such as La Grande Orange, and Ingo's Tasty Food. It is virtually equal distance to Camelback Mountain's hiking trails, the historic Biltmore Golf Club, Old Town Scottsdale, & Phoenix Sky Harbor.
County
Maricopa
Property Sub Type
Four Plex
Property Type
Multifamily Residential
Subdivision
CAMELBACK HORIZONS
Year Built
1959
Zoning
R-3
1 Bedroom Units
3
1 Bedroom Units: Average SqFt
606
1 Bedroom Units: Number of Baths
1
2 Bedroom Units
1
2 Bedroom Units: Average SqFt
900
2 Bedroom Units: Number of Baths
1
Appliances Included
F/S Oven/Range, Refrigerator
Cooling
Electric
Floors
Ceramic Tile
Heating
Electric
Total Units
4
Construction
Block
Covered Parking Spaces
4
Exterior Amenities
Desert Landscaping
Exterior Finish
Painted
Lot Size Dimensions
11,100
Parking
1 Space/Unit
Roads/Streets
Asphalt, Concrete
Roofing
Comp Shingle
Total Parking Spaces
4
Country
USA
High School District Number
210 - Phoenix Union High School District
Lot Number
5
Map Code/Grid
P35
Range
3E
School District
014 - Creighton Elementary District
Section
24
Township
2N
Community Amenities
No Pool
Electric
Other (See Remarks)
Entry Timestamp
2022-05-31T13:27:49+00:00
Gas
SW Gas
Marketing Name
3615 East Glenrosa Avenue
Owner Association
No
Sewer
Sewer - Public
Vacancy Allowance
0.05
Water
City Franchise
1 Bedroom Units: Average Rent
896
2 Bedroom Units: Average Rent
1432
Adjusted Gross Income
47359.4
Contingency Type
No
Financial Data Source
Projected Proforma, Provided by Owner
Gross Annual Scheduled Income
49452
Net Operating Income
31133
New Financing
Conventional, FHA, Seller May Carry, VA
Operating Expense
3127
Other Income
400
Owner Pays
Sewer, Trash Collection, Water
Sale Includes
Land & Building
Tax Municipality
Phoenix
Taxes
3127
Tenant Pays
Sewer, Trash, Water
Contact - Listing ID 6408667
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
