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5520 W PALMAIRE Avenue Glendale, AZ 85301
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Key Details
Sold Price $480,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Park Addn 16-19
MLS Listing ID 6816640
Year Built 1957
Annual Tax Amount $1,252
Tax Year 2024
Property Description
Prime Investment Opportunity in Glendale! This unique triplex is just minutes from downtown Glendale and the charming Caitlin Court Historic District. Offering a mix of unit sizes—one 1-bedroom, one 2-bedroom, and one 3-bedroom—this property provides excellent rental flexibility. One unit is a standalone home, while the other two are connected, adding to the character and appeal. Currently, one unit is leased through 5/31/2025, ensuring immediate income. Don't miss your chance to own a distinctive, income-generating property in a highly desirable location.
Location
State AZ
County Maricopa
Community Park Addn 16-19
Zoning C-2
Interior
Heating Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Ceramic Tile
Exterior
Parking Features Carport
Community Features No Pool
Roof Type Composition
Building
Sewer Public Sewer
Water Individual Meter
New Construction No
Schools
Elementary Schools Glendale Landmark School
Middle Schools Glendale Landmark School
High Schools Glendale High School
School District Glendale Union High School District
Others
Acceptable Financing Owner May Carry, Conventional, 1031 Exchange, Wraparound
Listing Terms Owner May Carry, Conventional, 1031 Exchange, Wraparound
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Bought with Uncommon Realty International