7.88 cap investor or user, C2 zoned, 2 buidings HUGE upside...low supply, high d

7112 N 55th Ave, Glendale, AZ 85301

$425,000 After Repair Value -
$390,000 Asking Price -
$0 Cost of Repairs =
$35,000 Potential Profit

Property Details

Asking Price $390,000

After Repair Value $425,000

Costs of Repairs $0

Potential Profit $35,000

Living Area 3272 ft2

Property Type Other

Bedrooms +7

Bathrooms 3

Half Bathrooms 1

Parking 1

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $30,000

Yearly Expenses $2,000

Property Taxes $4,823

Net Operating Income $30,732

Cap Rate 7.88

Property Description

Fresh $10k price - H DEMAND/LOW SUPPLY OWNER USER OR INVESTMENT - K TO CITY - LERS WILL LEASEBACK FOR 3 YEARS PLUS ADDITIONAL TENANT INCOME IF BUYER WANTS OR USE some SPACE AND STILL HAVE INCOME FROM 2 TENANTS!! *** PRICED AT A 7.88% CAP RATE ON $11.45 MG INCOME***4 AC UNITS, 3 APX 5-YEARS OLD, ONE WATER METER, 3 SEPARATE ELEC - ITIONAL PARKING INCOME FOR SPECIAL EVENTS..2 CONTIGUOUS PARCELS 042/ - SERVED, C2 ZONED RETAIL OR OFFICE USES, GOOD - N SEWER LINE REPLACED 2 YEARS AGO. Upside of $30,000 in event parking - s this at a 20+ CAP!!!!!

CONTACT LISTING OWNER

Get direct access to the seller

Save as Favorite
Write a Note

Ask the Seller

Questions on 7112 N 55th Ave, Glendale AZ

Waiting for the seller to respond your question.

This form is for general questions only. Asking for personal information is not allowed.

Nearby Deals

Some random deals around the area (20)

Hundreds of properties in Arizona! Check Deals in Arizona