$154,000
Glendale, AZ 85301
MLS# 5435048
Status: Closed
1 / 5
Property Description
Historical Home, one of a kind that is a four-plex, always rented! Fantastic rental income property in historic Caitlin Court district in downtown Glendale. All units 1 bedroom, 1 bath. Tenants want to stay! Drive by only, do not disturb tenants. After offer is accepted, arrangement to be made with tenants to view property during inspection period. Own a piece of Glendale history! Thanks!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $154,000
Sold Price: $154,000
Status: Closed
List Date: 2016-04-27
Location, Tax & Legal
Assessor's Map #: 23
Assessor's Parcel #: 12
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Glendale
Taxes: 856
Legal: CATLIN COURT MCR 6/48 LOTS 1 & 2 BLK 2 THE S2 TH/OF LOT 1
Marketing Name: Caitlin Court
Map Code/Grid: N32
House Number: 7213
Compass: N
Street Name: 58th
St Suffix: Drive
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 8804
County Code: Maricopa
Assessor Number: 147-23-012-C
Tax Year: 2015
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 70x111
Total # of Units: 4
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Elementary School: Glendale Landmark Middle School
Jr. High School: Glendale Landmark Middle School
High School: Glendale High School
Year Built: 1905
Zoning: R2
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Other: 1
Const - Finish
Other (See Remarks): 1
Roofing
Metal: 1
Other: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 1522
Annual Land Lse Exp: 0
Annual Landscape Exp: 400
Annual Legal & Acctg: 0
Annual Maint Exp: 1295
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 2864
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 1500
Annual Other Expense: 0
Operating Exp: 8437
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Total Monthly Rental Income: 1750
Pmt & Rate Info
Cap Rate: 10.2
Down Payment: 0
Equity: 160000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Community Features
No Pool: 1
Other: 1
See Remarks: 1
Heating
Natural Gas: 1
Individual: 1
Other: 1
See Remarks: 1
Cooling
Window/Wall Unit: 1
Exterior Amenities
Desert Landscaping: 1
Partially Fenced: 1
Curb(s) & Gutter(s): 1
Cable TV Available: 1
Patio/Balcony: 1
Separate Storage: 1
Security Light(s): 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
Other: 1
Road Surface Type
Asphalt: 1
Concrete: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
1 Space/Unit: 1
Electric
APS: 1
Individual Meter: 1
Gas
SW Gas: 1
Individual Meter: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Conventional: 1
No Carry: 1
Other (See Remarks): 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 437.5
Avg SqFt: 544
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 59th Dr. & Glendale
Directions: Glendale and 59th Avenue. North on 59th Avenue, East on Myrtle to 58th Dr, north to property on the right.
Drive by ONLY! Do NOT disturb tenants!
Geo Lat: 33.542664
Geo Lon: -112.184921
Status Change Info
Off Market Date: 2016-05-27
Under Contract Date: 2016-05-26
Close of Escrow Date: 2016-06-15
Sold Price: $154,000
Legal Info
Lot Number: 1
Income Expenses
Net Operating Income: 16314
Property Features
Project Type: Four Plex
Construction: Wood Frame; Other
Const - Finish: Other (See Remarks)
Roofing: Metal; Other
Floors: Vinyl; Ceramic Tile; Carpet
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool; Other; See Remarks
Exterior Amenities: Desert Landscaping; Partially Fenced; Curb(s) & Gutter(s); Cable TV Available; Patio/Balcony; Separate Storage; Security Light(s)
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Other
Heating: Natural Gas; Individual; Other; See Remarks
Cooling: Window/Wall Unit
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: 1 Space/Unit
Road Surface Type: Asphalt; Concrete
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Existing 1st Loan: Conventional
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; No Carry; Other (See Remarks)
Environmental: None
Listing Office: Keller Williams, Professional Partners
Last Updated: December - 16 - 2025
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