For more information on this property, contact Michael Bohlman at 480-797-3800 or

4715 E CABALLERO Street E
Mesa, Arizona AZ 85205-7154
Sold For: $535,000
Listing ID 6280544
Status Closed
Year Built 1983

Property Description:

Pleased to offer Triplex available in desirable Mesa. This is a great investment, the units are separate metered and the tenants pay all utilities. The units are 2 bedroom/ 1 bath. The tenants have undercover parking, large common grass area and mature landscaping. The market rent is between $1,100 and $1,300 a month for 2 bedroom units. Currently collecting $2505. One lease is MTM, for owner occupied opportunity. The property is professionally managed. All facts and figures are approximate to be verified by buyer or buyers agent. Do not walk the property.

Primary Features

County: Maricopa
Property Sub Type: Tri-Plex
Property Type: Multifamily Residential
Sold Date: 2021-10-19T00:00:00+00:00
Sold Price: $535,000
Year Built: 1983
Zoning: M_H

Interior Features

2 Bedroom Units: 3
2 Bedroom Units: Average SqFt: 810
2 Bedroom Units: Number of Baths: 1
Appliances Included: Dishwasher, F/S Oven/Range, Refrigerator
Cooling: Heat Pump
Floors: Carpet, Ceramic Tile
Heating: Electric
Interior Amenities: Other (See Remarks)
Total Units: 3

External Features

Construction: Frame - Wood
Covered Parking Spaces: 3
Exterior Amenities: Partially Fenced, Patio/Balcony
Exterior Finish: Painted
Lot Size Dimensions: 69.94x134.97x69.94x134.97
Parking: 1 Space/Unit, Carport
Roads/Streets: Asphalt
Roofing: Comp Shingle
Total Parking Spaces: 3

Location Information

Country: USA
Cross Street: Greenfield/University
Elementary School: O'Connor Elementary School
High School: Red Mountain High School
High School District Number: 004 - Mesa Unified District
Jr. High School: Shepherd Junior High School
Lot Number: 118
Map Code/Grid: Q41
Range: 6E
School District: 004 - Mesa Unified District
Section: 15
Township: 1N


Community Amenities: Other
Electric: SRP
Entry Timestamp: 2021-08-17T17:59:45+00:00
Gas: None
Marketing Name: Caballero Triplex
Owner Association: No
Sewer: Sewer - Public
Sold Info: Buyer Concession Price/Percent: $
Sold Info: Closing Cost Split: Normal - N
Sold Info: Loan Type: Conventional
Sold Info: Loan Years: 30
Sold Info: Payment Type: Fixed
Sold Info: Seller Concession Price/Percent: $
Vacancy Allowance: 0.02
Water: City Franchise

Financial Details

2 Bedroom Units: Average Rent: 835
Adjusted Gross Income: 51744
Annual Insurance Expense: 1200
Annual Landscape Expense: 1485
Annual Maintenance Expense: 1660
Annual Management Expense: 2719
Contingency Type: No
Financial Data Source: Projected Proforma
Gross Annual Scheduled Income: 52800
Net Operating Income: 43313
New Financing: Conventional, FHA, VA
Operating Expense: 8431
Owner Pays: Landscaping
Sale Includes: Building(s) Only
Tax Municipality: Mesa
Taxes: 1367
Tenant Pays: Cable TV, Electric, Sewer, Trash, Water
Total Monthly Rental Income: 4400

Zoning Info

© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Arizona Elite Properties are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Elite Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing courtesy of Grace CRE. Listing data last updated Sunday, November 28th, 2021 03:03:42 AM.

Contact - Listing ID 6280544

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Michael Bohlman

2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800

Data services provided by IDX Broker