7103 N 80th Avenue, Glendale, AZ 85303

$1,200,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $1,200,000 List Date: 3/10/2024 Last Modified: 5/19/2025

Description

Welcome to Westgate Estates! Brand new construction apartment community, just minutes from Westgate Entertainment District! This community is comprised of two adjacent four-plexes, each residing on its own parcel, allowing for conventional residential financing. All units are individually metered for electricity with tenants responsible for a split water/sewer charge. Landlord pays absolutely no utilities, allowing for a truly net monthly income. Each apartment is 960 sqft with two bedrooms, two baths and laundry. No expense was spared in the construction of these units from the foam insulation to the tile roofs to the fire sprinkler system. Area is exploding with new development as new projects are readily breaking ground on this street. This is truly a turnkey investment!

More Information MLS# 6673303

Contract Info

Current Price: $1,200,000 Sold Price: $1,200,000 Status: Closed List Date: 2024-03-06 Ownership: Fee Simple

Location Tax Legal

House Number: 7103 Compass: N Street Name: 80th St Suffix: Avenue City/Town Code: Glendale State/Province: AZ Zip Code: 85303 Country: US County Code: Maricopa Assessor Number: 142-27-326 Tax Year: 2023

General Property Description

Lot Size Dimensions: 82x150 Year Built: 2024 Uncvrd Parking Spcs: 8 Total # of Units: 4 # of Buildings: 2 Zoning: MultiFam Flood Zone: No Elementary School District: Glendale Elementary District High School District: Glendale Union High School District

Remarks Misc

Geo Lat: 33.539275 Geo Lon: -112.231459

Status Change Info

Status Change Date: 2024-06-14 Off Market Date: 2024-04-02 Under Contract Date: 2024-03-30 Close of Escrow Date: 2024-06-17 Sold Price: $1,200,000

Legal Info

Lot Number: N/A

Income Expenses

Gross Annual Sch Inc: 96000

Showing Notification Methods

Showing Service: Aligned Showings

Efficiency Units

# Efficiency Units: 4 Avg Rent: 2000 Avg SqFt: 960 # Baths: 2

2 Bedroom Units

# 2 Bedroom Units: 4 Avg Rent: 2000 Avg SqFt: 960 # Baths: 2

Sold Info

Loan Type: Conventional Loan Years: 30 Payment Type: Fixed Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: %

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition; Tile Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Heat Pump Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: 1 Space/Unit; Free; Paved Owner Pays: None Tenant Pays: Water; Sewer; Electricity Source of Fincl Data: Owner Showing Notification Methods: Text; Phone Call Lockbox Type: Supra; Combo New Financing: Conventional; 1031 Exchange Environmental: None
Listing Office: My Home Group Real Estate
Last Updated: May - 19 - 2025
7103 N 80th Avenue, Glendale, AZ 85303- MLS# 6673303
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