Listing ID6292781
Sold For$635,000
StatusClosed
Sold Date12/13/2021
CountyMaricopa
SubdivisionKO KO PALMS 2 LOTS 117-121
Year Built1971
Property TypeMultiple Dwellings
True turn-key fully occupied individually metered triplex. Single story block construction. All three A/C units replaced in 2021, new roof in 2019. All three units fully remodeled with easy to maintain wood-look ceramic tile, new dual pane windows, new doors throughout. Kitchens fully remodeled with shaker cabinets & all electric, stainless steel appliances. Spacious bedrooms w/ ample closets. Large 48'' bathroom vanities, water efficient dual-flush toilets, tub to ceiling tile surround, rain-style shower heads. Easy to maintain desert landscaping. Two carports with a storage room & washer/dryer hookup for each tenant. Each apartment has a private enclosed front yard. Located near Downtown Mesa, across from walking/bike paths along canal. Home Warranty plan through 01/31/22 *Owner/Agent*
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
KO KO PALMS 2 LOTS 117-121
Year Built
1971
Zoning
RM-3
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
800
Cooling
Central A/C, Electric, Ceiling Fan(s)
Cooling
yes
Heating
Central, Electric
Heating
yes
Community Features
No Pool
Country
US
Directions
West on University and North on Hall
Elementary School
Field Elementary School
Elementary School District
Mesa Unified District
General Property Description Elementary School
Field Elementary School
General Property Description Elementary School District2
Mesa Unified District
General Property Description High School
Mountain View High School
General Property Description High School District
Mesa Unified District
General Property Description Jr High School
Poston Junior High School
High School
Mountain View High School
High School District
Mesa Unified District
Middle Or Junior School
Poston Junior High School
Postal City
Mesa
Township
1N
Water Source
City Franchise
Attached Garage
yes
Construction Materials
Brick Veneer, Painted, Block, Brick
Covered Spaces
4
Electric
SRP
General Property Description # of Buildings
1
General Property Description Flood Zone
No
General Property Description Lot Size Dimensions
80x100
General Property Description Total # of Units
3
Lot Size Dimensions
80x100
Number Of Buildings
1
Number Of Units Total
3
Parking Attached
1
Parking Carport
1
Parking Features
Attached, Street Parking, Common
Parking Total
4
Road Surface Type
Asphalt, Alley
Roof
Composition
Sewer
Public Sewer
Buyer Agency Compensation
2.00
Mls Status
Closed
Public Survey Range
5E
Public Survey Section
13
2 Bedroom Units Avg Rent
1200
Cap Rate
6.14
Current Financing
Non Assumable
Disclosures
Seller Prop Disc Stm
Gross Income
44400
Gross Scheduled Income
44400
Listing Terms
No Carry
Net Operating Income
39931
Operating Expense
3720
Owner Pays
Trash Collection, Water, Sewer
Tax Annual Amount
1277
Tax Book Number
137.00
Tax Lot
66
Tax Year
2020
Tenant Pays
Electricity
Water Sewer Expense
2443
Contact - Listing ID 6292781
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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