Properties
Phoenix, AZ 85015 2421 W GLENROSA Avenue
$950,000
33 more
Presented By: Axen Realty, LLC; 623-846-7700
Home Details
Remodeled 5-unit multifamily property on a rare 0.57-acre R-3 lot with room for growth. Unit mix includes (3) 2-bed/1-bath and (2) 1-bed/1-bath units, each with a private, fenced-in yard, in-unit washer/dryer, and dishwasher. Renovated in 2021 with new HVACs, main sewer line, windows, doors, and covered parking. Interiors feature wood-look tile flooring, quartz countertops, stainless steel appliances, and remodeled bathrooms. Located in an Arizona Opportunity Zone near Grand Canyon University with easy access to I-17. Strong value-add potential in a transitioning area.
Presented By: Axen Realty, LLC; 623-846-7700
Interior Features for 2421 W GLENROSA Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile, Vinyl
Heating Y/NYes
General for 2421 W GLENROSA Avenue
Additional Parcels Y/NYes
Attached Garage No
Cap Rate5.7
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Painted, Stucco
CoolingCentral Air, Ceiling Fan(s), Electric
CountyMaricopa
DirectionsHead South on N 19th Ave. Turn right onto W Indian School Rd. Turn right toward N 23rd Ave. Turn right onto N 23rd Ave. Turn left onto W Glenrosa Ave. Home will be on the left.
DisclosuresNone
ElectricAPS, Master Meter
Elementary SchoolWestwood Elementary School
Elementary School DistrictAlhambra Elementary District
Garage Y/NNo
Gross Income89418.7
HeatingElectric
High SchoolCentral High School
High School DistrictPhoenix Union High School District
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolAlhambra Traditional School
MobileHomeRemainsYNNo
Net Operating Income61032.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total5
Occupancy TypeTenant
Open Parking Spaces5.0
Operating Expense1931.0
OwnerPaysElectricity, Trash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameFRUITLAND ACRES
Tax Annual Amount1931.0
Tax Lot13
Tax Year2024
Township2N
Virtual TourClick here
Year Built1965
ZoningR-3
Exterior for 2421 W GLENROSA Avenue
Covered Spaces2.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions300' x 82.74'
Number of Buildings2
Parking FeaturesOther, Paved, Free, <1 Space Per Unit, Carport
Road Surface TypeAsphalt
SpaNo
Total Parking7.0
Water SourceCity Franchise
Additional Details
Price History
Schools
High School
Central High School
Middle School
Alhambra Traditional School Middle School
Elementary School
Westwood Elementary School
