$485,000
$519,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/29/2021
Key Details
Sold Price $485,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mesa Homes 2 Replatted
MLS Listing ID 6240730
Sold Date 10/29/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1962
Annual Tax Amount $1,222
Tax Year 2020
Lot Dimensions 10,880 SQ. FT.
Property Description
Sold for $485,000 with a $15,000 credit to buyer at closing. Cash/hard $ buyer. Value-add. Unit mix consists of three large 2 bedroom/1 bath units (800 SF-$800 Rent +/-), along with a big Studio/1 bath unit (400 SF-$400 Rent +/-). Tenant paid electric with separate HVAC units in good condition (all 2 bedroom units). Studio unit has wall heating/cooling. All tenant leases either month-to-month or coming up for renewal by the fall. Rents are well-below market. Tile everywhere, w/d hookups. Carport. Close to Main St/LRT. Showings in escrow only. Buyer to complete and rely on own due diligence. OM & RR available upon request.
Location
State AZ
County Maricopa
Community Mesa Homes 2 Replatted
Zoning C-3
Direction Almost directly across the street from Reed Park. Just south of Main Street and east of the heart of Downtown Mesa off Stapley. Near LRT.
Interior
Flooring Ceramic Tile
Appliance FS OvenRange, WD Hookup
Exterior
Parking Features Paved Parking, >1 Space Per Unit, Common
Community Features No Pool
Roof Type Composition
Total Parking Spaces 5
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise, Master Meter
New Construction No
Schools
Elementary Schools Longview Elementary School
Middle Schools Mesa Junior High School
High Schools Mesa High School
School District Mesa Unified District
Others
Senior Community No
Tax ID 138-13-165
Acceptable Financing Other (See Remarks), Conventional
Listing Terms Other (See Remarks), Conventional
Financing Other
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