480-442-0779

5239 W MARYLAND Avenue, Glendale, AZ 85301 (MLS# 6860604)

5239 W MARYLAND Avenue, Glendale, AZ 85301

$999,000
Property Type: Multiple Dwellings Status: Active
Current Price: $999,000 Last Modified: 5/09/2025

Description

**Incredible Investment Opportunity: 4 Homes for the Price of One!** What our sellers loves about this property '' Main house has 3 bedrooms and 2 bathrooms with a master that is upstairs and has two closets, fully remodeled 2nd bathroom, 2 living spaces and a large, covered patio with built in fire pit. The second house features 3 bedrooms, 2 baths, living room and open kitchen. In addition, there is a one-bedroom studio apartment and unfinished 4th house that can be finished into a 2 bedroom 1 bath with open kitchen. And the finished homes bring in rental income'' Discover an exceptional chance to own a unique property featuring three distinct residences and endless possibilities! Nestled on a generous .866 of an acre irrigated lot, this incredible compound includes a main house, a

Supplements: charming guest house, and a versatile studio apartment all with separate entrances. Whether you're looking for a family compound, rental income, or a creative development project, this property has it all! **Main House: A Farmhouse Dream** Step into the heart of this enchanting three-bedroom, two-bath farmhouse. You'll love the inviting ambiance created by new tile flooring and warm wood accents in the living room. The well-appointed kitchen boasts a refrigerator, range, and dishwasher, along with both eat-in and formal dining options. With two spacious living areas and a bonus room, this home is perfect for entertaining. The magnificent 18x18 primary bedroom upstairs features three walk-in closets and French doors that open to a private balcony, providing a beautiful retreat. Enjoy the recently remodeled downstairs bath with stylish tile backsplash and a cozy wood fireplace with a charming brick finish to elevate your living experience. **Guest House: Modern Comforts** Adjacent to the main house, the three-bedroom, two-bath guest house offers a harmonious blend of comfort and style. With new duct work, remodeled kitchen, and newer tile throughout, this space is ready for immediate enjoyment. The kitchen features a gas range and generous areas for both eat-in and formal dining. The hall bath has been recently remodeled, and the primary bathroom highlights a stunning shower with chic backsplash. Secondary bedrooms are spacious and ideal for family or guests. **Studio Apartment: Perfectly Private** Above the guest house, you'll find a delightful one-bedroom, one-bath studio apartment with its own entrance. This cozy retreat features an eat-in kitchen with a gas range, tile flooring throughout, and a small living room, making it perfect for guests or as additional rental income. **Endless Potential** In addition to the three residences, there's a partially finished separate building that can be creatively transformed into a two-bedroom, two-bath homelet your imagination run wild! All utilities are separately metered, making management a breeze, while the property includes three separate mailboxes, one water meter, and two gas meters. **Outdoor Space & Parking** With an RV gate and ample space for extra parking, you have everything you need for convenience and accessibility. The irrigated lot offers plenty of room to add more units or create a stunning outdoor oasis. Don't miss this rare opportunity to live in one of your homes while generating income from the others!

More Information MLS# 6860604

Contract Info

Current Price: $999,000 List Price: $999,000 Status: Active List Date: 2025-05-02 Ownership: Fee Simple

Location Tax Legal

House Number: 5239 Compass: W Street Name: MARYLAND St Suffix: Avenue City/Town Code: Glendale State/Province: AZ Zip Code: 85301 Zip4: 4037 Country: US County Code: Maricopa Subdivision: WOODFORD ADDITION BLOCK 3 LOTS 1&10 Assessor Number: 146-15-006-C Tax Year: 2024

General Property Description

Lot Size Dimensions: 37,721 Year Built: 1934 Uncvrd Parking Spcs: 6 Total # of Units: 3 # of Buildings: 2 Zoning: R-3 Elementary School District: Glendale Elementary District High School District: Glendale Union High School District

Remarks Misc

Cross Street: 51st Ave. and Glendale Ave. Directions: From 51st. and Glendale, head south on Glendale, take a right onto Maryland Ave. to home on left. Geo Lat: 33.530808 Geo Lon: -112.172208

Status Change Info

Status Change Date: 2025-05-02

Legal Info

Township: 2N Range: 2E Section: 8 Block: 5 Lot Number: 1

Income Expenses

Gross Annual Sch Inc: 42600 Net Operating Income: 42600

Showing Notification Methods

Showing Service: No Showing Service Used

1 Bedroom Units

# 1 Bedroom Units: 1 Avg Rent: 700 Avg SqFt: 600 # Baths: 1

3 Bedrooms Units

# 3 Bedroom Units: 2 Avg Rent: 1575 Avg SqFt: 1600 # Baths: 2

Property Features

Project Type: Tri-Plex; Other (See Remarks) Other Type: House + Rental Units Construction: Block; Wood Frame Const - Finish: Painted; Stucco; Siding Roofing: Composition Floors: Wood; Ceramic Tile Sale Includes: Land & Building Payment Includes: Principal; Interest Community Features: See Remarks Exterior Amenities: Green Landscaping; Fenced; RV/Boat Parking; Patio/Balcony; Separate Storage Interior Amenities: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Free-Standing Range; W/D Hookup Heating: Natural Gas; Heat Pump Cooling: Electric; Heat Pump Water Source: City Franchise; Irrigation; Individual Meter Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Garage; Carport; >1 Space Per Unit; Add'l Parking Avail; RV Access/Parking; Free; Paved Owner Pays: See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner Showing Notification Methods: Text; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; Conventional; 1031 Exchange Environmental: None
Listing Office: My Home Group Real Estate
Last Updated: May - 09 - 2025
5239 W MARYLAND Avenue, Glendale, AZ 85301- MLS# 6860604
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