
Glendale, AZ 85302
This High-Potential Investment Opportunity is a Turnkey Townhouse listed at $199,000—positioned well below the $246,672 Fair Market Value by 19%. This valuation gap offers $47,672 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a private fenced patio and updated interior finishes. With a long-term tenant in place and proximity to Glendale Community College, this asset provides immediate cash flow. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6066 W GOLDEN Lane Subject | $199,000* List Price | 2 | 1 | 1,026 | $240 | - |
A 6060 W GOLDEN Lane Sold | $155,000 List Price | 2 | 2 | 1,026 | 0.0 mi | |
B 5906 W TOWNLEY Avenue Sold | $239,995 List Price | 2 | 1 | 1,026 | 0.2 mi | |
C 5943 W Golden Lane Active | $215,000 List Price | 2 | 1 | 1,026 | $210 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1972 but shows signs of a mid-range renovation (likely 5-15 years ago). The bathroom features a modern walk-in tile shower with glass doors and an updated vanity. Interior flooring has been upgraded to laminate/wood-look, making it move-in ready despite the age of the structure.
The property features a long-term tenant already in place, providing investors with immediate cash flow and a turnkey opportunity from day one.
As a corner unit located directly in front of the community pool and steps from the parking area, this home offers superior convenience and a prime location within the complex.
Situated just blocks from Glendale Community College and local shopping and dining hubs, the property boasts high demand for students and professionals alike.
With only one bathroom serving two bedrooms, the layout may be a drawback for multi-occupant households or buyers seeking more modern convenience.
Built in 1972, the property may require future capital expenditures for system updates or cosmetic modernizations to remain competitive in the market.
Excellent investment opportunity or perfect place to be your home! This desirable property comes with a long-term tenant already in place, offering immediate rental income from day one for investors. Alternatively, future owners will appreciate its outstanding location right in front of the pool and just steps from the parking area. Featuring two spacious bedrooms and a beautiful open floor plan, this corner-unit home offers comfort, privacy, and convenience. Enjoy a private fenced patio, additional storage space, and a prime location just blocks away from Glendale Community College, shopping, and dining.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 15% |
| Square foot | 1,026 | 1,246 | 31% |
| Lot Size | 710 | 1,925 | 38% |
| Price | $199.0K | $199.0K | 50% |
| Price per sq ft | $194 | $194 | 50% |
| Built year | 1972 | 1976 | 23% |
| HOA | $205 | $155 | 85% |
| Days on market | 9 | 3001 | 8% |
Jun 10, 2026
$199,000
Initial Listing