Price Reduction
Address
Not Disclosed Mesa, AZ
Price
$ 540,000
Property Attributes
  • MLS#6132014
  • TypeMulti-Family
  • CountyMARICOPA
  • CityMesa
  • NeighborhoodCentral Mesa
  • Zip85204
  • Style
  • Year Built1972
  • Taxes1254
  • Price$ 540,000
  • Bedrooms7
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3330
Listing Provided Courtesy Of:
Keller Williams Realty Sonoran Living
Property Description

Nicely maintained 4-plex with shaded, enclosed back yard. Near Downtown Mesa and Pioneer Park. Actual rents are below market. All Leases are Month-to Month. Great upside for investor! Proforma CAP of 7% ! Laundry and two units are Sub-level. Three 2-bedroom and One 1- bedroom. Two of the AC Units are less than 5 years old. Beautifully designed - Unique 4-plex . Income and OPX on this listing are Proforma. Actual P/L will be provided upon accepted offer. Recent inspection report available - no major issues. TENANTS HAVE RIGHTS - DO NOT WALK PROPERTY WITHOUT PERMISSION OR DISTURB TENANTS.

Middle School High School
Mesa Junior High School Mesa High School
Price History
9/18/2020 Listed $585,000
9/27/2020 1% - $580,000
10/13/2020 7% - $540,000

General Features

1 Bedroom Units: Avg Rent 780.00
2 Bedroom Units: Avg Rent 1099.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Frame - Wood
Cooling Heat Pump
Electric City Electric, Individual Meter
Exterior Features Cable TV Available, Fenced, Patio/Balcony, Security Light(s)
Features No Pool
Heating Electric
High School Mesa High School
Interior Features Basement
Map Code/Grid R39
Middle School Mesa Junior High School
Net Income 42004.00
New Financing Conventional, CTL
Owner Pays Electric, Landscaping, Sewer, Water
Parking >1 Space Per Unit, Add'l Parking Avail, Carport, Paved Parking
Property Type F
Public Remarks Nicely maintained 4-plex with shaded
Roof Comp Shingle
School District 004 - Mesa Unified District
Sewer Sewer - Public
Status Active
Subdivision Central Mesa
Tenant Pays Electric, Trash
Water City Franchise
Year Built 1972
Zoning MFH-RM3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 1
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 732
2 Bedroom Units: # 2 Bedroom Units 3
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 866
Appliances Included F/S Oven/Range
Floors Carpet, Ceramic Tile, Vinyl/Composition
Gas None
Total Number of Units 4.00

Exterior Features

Sale Includes Land & Building, Laundry Equipment
Const - Finish Painted, Stucco
Covered Parking Spcs 6.00
Lot Size Dimensions 7841
Total Parking Spcs 14.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85204

Price
AVG $1.88M
$540K
Taxes
AVG $3,847
$1,254
Visits
AVG 103
119
Year Built
AVG 1972
1972

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