5517-5521 W PALMAIRE Avenue, Glendale, AZ 85301
$187,500
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$187,500
Last Modified:
8/04/2025
Description
INVESTOR DREAM COME TRUE!
Property just went thru major renovations t/o and tenants are in place, just buy it , sit back and collect your dividends. Its a slam dunk. Up and coming Glendale downtown market, part of the new Glendale ''Centerline Overlay'' and the Caitlin Court Historic District. That means this is money well spent in this agents opinion. Honestly if I didn't have funds tied up in other ventures at this time , I would be buying it myself.
More Information MLS# 5931770
Contract Info
Current Price: $187,500
Sold Price: $187,500
Status: Closed
List Date: 2019-05-27
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: N32
House Number: 5517-5521
Compass: W
Street Name: PALMAIRE
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 2507
County Code: Maricopa
Subdivision: PARK ADDN BLKS 26-28, 7-15
Assessor Number: 147-25-052-B
Tax Year: 2019
General Property Description
Lot Size Dimensions: 3800
Year Built: 1935
Uncvrd Parking Spcs: 2
Total # of Units: 2
# of Buildings: 1
Zoning: C-2
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Remarks Misc
Cross Street: Glendale rd. - 55th Dr.
Directions: North on 55th Dr. , east on Palmaire Ave. property is just on the ride hand side.
Geo Lat: 33.54083
Geo Lon: -112.178347
Status Change Info
Off Market Date: 2019-06-02
Under Contract Date: 2019-06-01
Close of Escrow Date: 2019-06-20
Sold Price: $187,500
Legal Info
Township: 2N
Range: 2E
Section: 5
Block: 10
Lot Number: 14
Income Expenses
Gross Annual Sch Inc: 1589
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 790
Avg SqFt: 425
# Baths: 2
Contact Info
List Agent Home Phn: 602-377-4073
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Concrete
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator; Washer/Dryer
Heating: Window/Wall Unit(s)
Cooling: Electric; Window/Wall Unit
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: <1 Space Per Unit
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Private
Existing 1st Ln Type: Adjustable/Graduated
Existing 1st Ln Trms: Non Assumable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional
Environmental: None
Listing Office: HomeSmart
Last Updated: August - 04 - 2025
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