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Arizona, Maricopa County, Glendale, USA

USD $1,195,000
John D Wood International, USA 2
PROPERTY TYPE

Detached

SIZE

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Key features

  • Water: City Water

Description

Exceptional Investment Opportunity! Turn-Key Triplexes with Manager's Quarters in Glendale, AZ. Discover an incredible investment opportunity in the heart of Glendale with this fully renovated property featuring two beautifully remodeled triplexes and a centrally located manager's quarters or leasing office in the middle of both. Situated on a corner lot, this property is perfectly designed to attract residents seeking affordable alternatives to single-family housing while enjoying the conveniences of modern living. Why This Property Stands Out: This charming garden-style community is fully fenced and boasts front and back courtyards, making it an ideal choice for supportive housing initiatives or non-profit developers. With excellent local and regional access, this property is perfectly positioned for young professionals, business representatives, and others who prefer to reside near work and recreation, without the maintenance and burdens of typical single-family homes. Property Highlights: Two triplexes**: Each of the six units features two bedrooms and one bath, measuring approximately 700 sq. ft. These single-level units come equipped with brand-new plumbing, electrical systems, flooring, cabinets, fixtures, and appliances, all creating a modern and welcoming atmosphere. The property is already plumbed for community washers and dryers. Thoughtfully designed with color and landscaping elements in mind, the buildings enhance the urban setting. ADA Compliant Manager's Quarters or Leasing Office. This central building is fully compliant with ADA standards, ensuring accessibility and convenience. Versatile Use: This property is perfect for a variety of community housing needs, including halfway homes, group homes, sober living facilities, clergy residences, or rectories. There is potential to lease each unit to tenants involved in state and federal programs, enabling strong returns while fulfilling vital community functions. Investment Potential: Each unit is separately metered for electricity, maximizing rental income. Manage one mortgage payment while enjoying the revenue from multiple units within a high-demand rental market. Fully Permitted & Inspected: The property is fully permitted, engineered, and inspected, complete with a Certificate of Occupancy. A recent consolidation of two lots into one promotes operational efficiency and streamlined management. New Driveway & Enhanced Curb Appeal: Featuring a brand-new driveway, the property not only enhances accessibility but also boosts the overall curb appeal. Community Focus & Location Advantages: Conveniently located on a corner lot, this property benefits from all city services and is situated in a desirable rental area, encouraging residents to engage with diverse housing initiatives. This community supports programs for veterans, victims of domestic violence, tribes, and other vulnerable populations, thereby strengthening community bonds. The site is ideally positioned within walking distance to abundant retail, restaurants, and entertainment, creating a sustainable, walk-friendly environment. Residents can easily utilize pedestrian and bike connections to surrounding amenities, promoting reduced vehicular traffic and a more sustainable lifestyle. Owner Motivated to Sell! Don't miss out on this exceptional turn-key opportunity! The value rooted in its "use" ensures this property is ready to serve the community while generating strong income potential. Explore the Possibilities! This is a rare gem that checks all the boxes for functionality and investment potential!


Arizona, Maricopa County, Glendale, USA

NEAREST AIRPORTS

Distances are straight line measurements
  • Phoenix(International)
    12.7 miles
  • Williams Gateway(Local)
    27.0 miles

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About John D Wood International, USA 2

Established in Mayfair in 1872, John D Wood & Co. has 150 years experience specialising in selling and letting properties in London, the South of England, country and internationally, as well as staff relocation services and interior consultancy, and are committed to offering a bespoke service, a strategic approach to marketing, and local expertise that has been trusted for generations.

When we promise the world, we mean it.

We cover 30+ countries through a network of strategically handpicked international partner agents who are leading agents in their markets.

Together we offer an international reach, with local expertise, and a commitment to excellence. Whether you're seeking a rural holiday home, a beachfront villa, or a city centre apartment, we can help make your dream a reality.

Notes

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This is a property advertisement provided and maintained by John D Wood International, USA 2 (reference 20558142_14531266) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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