2201 W GLENROSA Avenue, Phoenix, AZ 85015 (MLS# 6057165)

2201 W GLENROSA Avenue, Phoenix, AZ 85015

$280,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $280,000 Last Modified: 5/04/2026

Overview

Description

We are pleased to announce Glenrosa Apartments located near by GCU college. All units are fully leased at below market rents at 700. Market rents are 850-950. All units are two bedroom one bath units. All units have private yards. All block construction. All facts and figures are approximate buyer verify all MLS information. Drive by only tenants are unaware of the sale.

Listing Details MLS# 6057165

Location, Tax & Legal

Map Code/Grid
P33
House Number
2201
Compass
W
Street Name
GLENROSA
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85015
Zip4
4980
Country
US
County Code
Maricopa
Assessor Number
154-29-007-C
Tax Year
2019
Assessor's Map #
29
Legal Description (Abbrev)
E2 AS MEAS ALG S LN OF FOL DESC PROP BEG AT PT 25' S & 35' W OF NE COR OF N2 NW4 SW4 SE4 TH S 89:5
Assessor's Parcel #
7
Assessor Parcel Ltr
C
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
109003
Taxes
1155
Legal
E2 AS MEAS ALG S LN OF FOL DESC PROP BEG AT PT 25' S & 35' W OF NE COR OF N2 NW4 SW4 SE4 TH S 89:56'56'' W 110.27' TH S
Marketing Name
Glenrosa Apartments

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
8276
Year Built
1963
Uncvrd Parking Spcs
3
Total # of Units
3
# of Buildings
Yes
Zoning
R-3
Elementary School District
Alhambra Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
23rd Ave & Indian School Rd
Directions
Head north on 23rd Avenue and turn right on Glenrosa. Triplex is on the right.

Status Change Info

Off Market Date
2020-07-13
Under Contract Date
2020-06-18
Close of Escrow Date
2020-07-13

Legal Info

Township
2N
Range
2E
Section
24

More Information

Income Expenses

Gross Annual Sch Inc
30600
Net Operating Income
20115

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
850
Avg SqFt
850
# Baths
Yes

Sold Info

Loan Type
Other
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Tri-Plex
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
1300
Annual Land Lse Exp
0
Annual Landscape Exp
1000
Annual Legal & Acctg
0
Annual Maint Exp
3000
Annual Mgmt Exp
0
Annual Trash Exp
1000
Annual Wtr/Swr Exp
1500
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
8955
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
29070
Total Monthly Rental Income
2550

Pmt & Rate Info

Cap Rate
6.71
Down Payment
0
Equity
300000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Showing Notification Methods

Phone Call
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Exterior Amenities

Fenced
Yes
Cable TV Available
Yes

Interior Features

Unfurnished
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Refrigerator
Yes
Built-In Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Projected Proforma
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

On Street
Yes
1 Space/Unit
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Conventional
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Fenced; Cable TV Available Interior Features: Unfurnished Appliances Included: Built-In Range; Refrigerator Heating: Central Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: None Parking Features: On Street; 1 Space/Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Projected Proforma Showing Notification Methods: Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable 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 Environmental: None
IDX
Listing Office: Grace CRE
Last Updated: May - 04 - 2026
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