327 S Madison Way - Apartments FOR SALE
Glendale, CA 91205 |
327 S Madison Way
Glendale, CA 91205
HIGHLIGHTS
- ***Just reduced by $225,000 - BRING ALL OFFERS - Current ownership is motivated to meet the market***
- (8) 2-bdrm. and 2.5-bath townhomes with direct access to a private 2-car garage, in-unit laundry, private patio, and central A/C
- Each unit averages approx. 1,281 SF, and tenants are responsible for paying the costs of gas, electric, and water
- Turnkey property is equipped with subterranean parking (no retrofitting required), copper plumbing, a new roof in 2019, and upgraded decks in 2020 (pe
- Ownership upgraded several units including, wood laminate flooring, updated cabinetry, stainless steel appliances, and recessed lighting
- City of Glendale currently allows an 8.8% annual rental increase (5% + CPI)
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
(8) 2-Bdrm. & 2.5-Bath Townhomes in Glendale
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
11305
STORIES
3
YEAR BUILT
1983
PARKING SPACES
16
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
5677-001-002
