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Catlin Court 7162 N 57th Ave 3 Unit Apartment Building $615,000 ($205,000/Unit) Glendale, AZ 85301
Investment Highlights
- • REPOSITIONED TRI-PLEX
- • GREAT INVESTMENT OPPORTUNITY
- • ZONED FOR “LIVE-WORK”
- • DOWNTOWN GLENDALE
- • HISTORIC CATLIN COURT DISTRICT
- • UNIQUE SHOPPING DISTRICT
Executive Summary
All three units have been renovated and have newer kitchens, bathrooms, plus, upgraded electrical, and handicapped accessible bathrooms and front entrances. New irrigation sprinklers and paint throughout the units. Roof is in good condition. There is new condo development planned nearby which will add to the urban walkable feel fostered by the City of Glendale. Two of the units have large private backyards. There is private parking on the West side of the Complex.
DOWNTOWN GLENDALE-Exceptional Quality-Large Units! Originally zoned for “live-work”, but recently remodeled for residential, this professionally repositioned Tri-plex is located in the heart of the historic Catlin Court walkable shopping district in downtown Glendale. The Westgate entertainment complex, Cardinal’s stadium, Concert arenas, and new Casino are all nearby. Chocolate Affaire, Heritage Festival and Ballet Under the Stars events throughout the year.
DOWNTOWN GLENDALE-Exceptional Quality-Large Units! Originally zoned for “live-work”, but recently remodeled for residential, this professionally repositioned Tri-plex is located in the heart of the historic Catlin Court walkable shopping district in downtown Glendale. The Westgate entertainment complex, Cardinal’s stadium, Concert arenas, and new Casino are all nearby. Chocolate Affaire, Heritage Festival and Ballet Under the Stars events throughout the year.
Property Facts
| Price | $615,000 | Lot Size | 0.16 AC |
| Price Per Unit | $205,000 | Building Size | 2,418 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 3 | Year Built/Renovated | 1954/2023 |
| Property Type | Multifamily | Parking Ratio | 4.1/1,000 SF |
| Property Subtype | Apartment | Cross Streets | Myrtle Ave |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | PAD - PAD Planned Area Development | ||
| Price | $615,000 |
| Price Per Unit | $205,000 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,418 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1954/2023 |
| Parking Ratio | 4.1/1,000 SF |
| Cross Streets | Myrtle Ave |
| Opportunity Zone |
Yes |
| Zoning | PAD - PAD Planned Area Development |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $985.00 | 495 |
| 2+1 | 1 | $1,520 | 950 |
| 3+1 | 1 | $1,595 | 1,050 |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 147-25-132 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $23,890 |
Property Taxes
Parcel Number
147-25-132
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$23,890
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Catlin Court | 7162 N 57th Ave
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