7014 N 68TH Drive, Glendale, AZ 85303 (MLS# 6041118)

7014 N 68TH Drive, Glendale, AZ 85303

$279,568

Property Type: Multiple Dwellings Status: Closed

Current Price: $279,568 Last Modified: 5/04/2026

Overview

Description

We are pleased to announce Glen West Estates. These are very nice units with private yards. These units are all two bedroom one bath units. All units are fully rented with long term tenants below market rents at 600. All tenants are on a month to month lease. Current market rents are at 800-850. All units have covered parking and central air conditioning. You must buy 7018 n 68th Dr next for $295,000 for total of $590,000. Being currently sold as is. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale.

Listing Details MLS# 6041118

Location, Tax & Legal

Map Code/Grid: N31
House Number: 7014
Compass: N
Street Name: 68TH
St Suffix: Drive
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85303
Zip4: 2614
Country: US
County Code: Maricopa
Assessor Number: 143-28-013
Tax Year: 2019
Assessor's Map #: 28
Legal Description (Abbrev): GLEN WEST ESTATES
Assessor's Parcel #: 13
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 92705
Taxes: 1536
Legal: GLEN WEST ESTATES
Marketing Name: GLEN WEST ESTATES

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 7187
Year Built: 1971
Uncvrd Parking Spcs: 2
Total # of Units: 3
# of Buildings: Yes
Zoning: MULTI
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Elementary School: Desert Spirit
Jr. High School: Desert Spirit
High School: Glendale High School

Remarks Misc

Cross Street: 67TH. AVE. / GLENDALE

Status Change Info

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

Legal Info

Township: 2N
Range: 1E
Section: Yes
Lot Number: 6

More Information

Income Expenses

Gross Annual Sch Inc: 30600
Net Operating Income: 20355

2 Bedroom Units

# 2 Bedroom Units: 3
Avg Rent: 850
Avg SqFt: 828
# 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
5 - 12 Units: Yes
Other (See Remarks): Yes

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Composition: Yes

Floors

Other: 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: 1500
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 1479
Operating Exp: 8715
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 29070
Total Monthly Rental Income: 2550

Pmt & Rate Info

Cap Rate: 6.9
Down Payment: 0
Equity: 295000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0

Showing Notification Methods

Text: Yes
Email: Yes
Phone Call: Yes

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes
Individual: Yes

Cooling

Heat Pump: Yes
Other: Yes
See Remarks: Yes

Exterior Amenities

Curb(s) & Gutter(s): Yes

Tenant Pays

Other (See Remarks): Yes

Appliances Included

Other: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Other (See Remarks): Yes

Water Source

City Franchise: Yes
Master Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

Other: Yes

Electric

SRP: Yes

Gas

None: Yes

Owner Pays

Other: Yes
See Remarks: 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

Other (See Remarks): 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; 5 - 12 Units; Other (See Remarks) Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Other Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Curb(s) & Gutter(s) Appliances Included: Other Heating: Individual Cooling: Heat Pump; Other; See Remarks Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Other Road Surface Type: Asphalt Owner Pays: Other; See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Showing Notification Methods: Text; Email; 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: Other (See Remarks) 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

Listing Office: Grace CRE

Last Updated: May - 04 - 2026