6630 N 53rd Drive, Glendale, AZ 85301 (MLS# 6041129)

6630 N 53rd Drive, Glendale, AZ 85301

$269,568
Property Type: Multiple Dwellings Status: Closed
Current Price: $269,568 Last Modified: 5/04/2026

Overview

Description

We are pleased to announce a fully rented 3 unit complex. All units have two bedroom and one baths. In front is a duplex and small house apartment in the back. Built in 1986 this is a clean property with all central air conditioning and privately fenced courtyard. Rents are way below market at 600. Current market rents are $800-850. All facts and figures are approximate buyer verify MLS information.Drive by only tenants are unaware of sale.

Listing Details MLS# 6041129

Location, Tax & Legal

Map Code/Grid
N32
House Number
6630
Compass
N
Street Name
53rd
St Suffix
Drive
City/Town Code
Glendale
State/Province
AZ
Zip Code
85301
Country
US
County Code
Maricopa
Subdivision
Sugar Add
Assessor Number
146-08-058
Tax Year
2019
Assessor's Map #
8
Assessor's Parcel #
58
Add'l Parcels
No
Tax Municipality
Glendale
Taxes
1231
Legal
Sugar Add blks 7-12&16
Marketing Name
Sugar Add Apartments

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
irr
Year Built
1986
Uncvrd Parking Spcs
5
Total # of Units
3
# of Buildings
2
Zoning
R-3
Elementary School District
Glendale Elementary District
High School District
Glendale Union High School District
Elementary School
Isaac E Imes School
Jr. High School
Glendale Landmark Middle School
High School
Other

Remarks Misc

Cross Street
51st & Maryland
Directions
51st & Maryland Directions: 51st Ave SOUTH OF GLENDALE to Maryland West on Maryland to 53rd Dr. North to Property.

Status Change Info

Off Market Date
2020-06-04
Under Contract Date
2020-05-13
Close of Escrow Date
2020-06-12

Legal Info

Lot Number
5BLK9

More Information

Income Expenses

Gross Annual Sch Inc
30600
Net Operating Income
21139

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
850
Avg SqFt
530
# Baths
Yes

Sold Info

Loan Type
Cash
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

Stucco
Yes

Roofing

Other
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
1200
Annual Land Lse Exp
0
Annual Landscape Exp
500
Annual Legal & Acctg
0
Annual Maint Exp
1500
Annual Mgmt Exp
0
Annual Trash Exp
1000
Annual Wtr/Swr Exp
2500
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Operating Exp
7931
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
29070
Total Monthly Rental Income
2550

Pmt & Rate Info

Cap Rate
7.17
Down Payment
0
Equity
295000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Showing Notification Methods

Text
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Natural Gas
Yes

Cooling

Electric
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Appliances Included

Other
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Projected Proforma
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Paved
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Trash Collection
Yes
Landscaping
Yes
See Remarks
Yes

New Financing

Cash to Loan
Yes
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

Interest Only
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: Stucco Roofing: Other Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Appliances Included: Other Heating: Natural Gas Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping; See Remarks Tenant Pays: Electricity; Gas Source of Fincl Data: Projected Proforma Showing Notification Methods: Text 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: Interest Only 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: Cash to Loan; Conventional Environmental: None
IDX
Listing Office: Grace CRE
Last Updated: May - 04 - 2026
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