$550,000
$610,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/06/2022
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6312023
Sold Date 01/06/22
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1958
Annual Tax Amount $1,306
Tax Year 2021
Lot Dimensions 10019
Property Description
Great value add opportunity located in the heart of Mesa. The property is 3 1bed/1bath units and 1 2bed/1bath units, all units have room for ample rent growth even before upgrading units. Can reach full rental potential by doing upgrades to interior of units.
Rapidly gentrifying area with large number of employers in the direct area. Close to Sloan Park, Mesa Country Club, Downtown Mesa, and easy access to freeways.
Location
State AZ
County Maricopa
Zoning RM-4
Direction Property is located just west of the intersection of University Drive and Country Club Drive. The property is on the north side of University Drive.
Interior
Heating Individual, Electric
Cooling Ceiling Fan(s), Electric, Individual
Flooring Ceramic Tile
Appliance Built-In Range, Disposal, Refrigerator, Microwave
Exterior
Parking Features 1 Space/Unit, On Street, Carport
Community Features No Pool
Roof Type Composition
Total Parking Spaces 6
Building
Sewer Public Sewer
Water Master Meter, City Franchise
New Construction No
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 135-25-049-A
Acceptable Financing CTL, Conventional, 1031 Exchange, VA Loan
Listing Terms CTL, Conventional, 1031 Exchange, VA Loan
Financing Cash
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