Listing ID6293303
Sold For$486,000
StatusClosed
Sold Date12/08/2021
CountyMaricopa
SubdivisionTEMPLE VILLA
Year Built1957
Property TypeMultiple Dwellings
Great opportunity to own a very unique duplex located in the heart of Mesa in the Temple Villa subdivision on a corner irrigated lot. Property features a home approx. 2574 sqft. 3 bedroom 3 bath new paint, showers and electrical service very clean and move in ready. In addition there is another detached 1 bedroom 2 bath home approx. 660 sqft. that is currently rented at $900 a month. Both homes are separately metered for everything landlord pays no utilities. All facts and figures are approx. buyer to verify to their satisfaction
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
TEMPLE VILLA
Year Built
1957
Zoning
Multi
1 Bedroom Units # Baths
2
1 Bedroom Units Avg SqFt
660
3 Bedrooms Units # Baths
3
3 Bedrooms Units Avg SqFt
2574
Cooling
Central A/C, Electric, Wall/Window Unit(s), Ceiling Fan(s)
Cooling
yes
Heating
Natural Gas
Heating
yes
Community Features
No Pool
Country
US
Directions
Mesa Dr. and Main south to 2nd. Ave east to Olive south to property on right. You will be going to the front house 260 S. Olive.
Elementary School District
Mesa Unified District
General Property Description Elementary School District2
Mesa Unified District
General Property Description High School District
Mesa Unified District
High School District
Mesa Unified District
Postal City
Mesa
Township
1N
Water Source
City Franchise, Individual Meter
Attached Garage
no
Construction Materials
Painted, Block
Covered Spaces
3
Electric
City Electric, Individual Meter
General Property Description # of Buildings
2
General Property Description Lot Size Dimensions
irr
General Property Description Total # of Units
2
General Property Description Uncvrd Parking Spcs
2
Lot Size Dimensions
irr
Number Of Buildings
2
Number Of Units Total
2
Open Parking Spaces
2
Parking Carport
1
Parking Features
Paved Parking, Free, >1 Space Per Unit, Street Parking, Common
Parking Free
1
Parking Total
5
Road Surface Type
Asphalt
Roof
Composition, Foam
Sewer
Public Sewer
Buyer Agency Compensation
2.50
Mls Status
Closed
Public Survey Range
5E
Public Survey Section
23
1 Bedroom Units Avg Rent
900
3 Bedrooms Units Avg Rent
1700
Cap Rate
4.94
Disclosures
Seller Prop Disc Stm
Gross Income
31200
Gross Scheduled Income
31200
Insurance Expense
1500
Listing Terms
Conventional, FHA, VA Loan
Maintenance Expense
2000
Net Operating Income
25928
Operating Expense
5296
Owner Pays
None
Tax Annual Amount
1796
Tax Block
1
Tax Book Number
138.00
Tax Lot
11
Tax Year
2021
Tenant Pays
Trash Collection, Gas, Electricity, Water, Sewer, Landscaping
Contact - Listing ID 6293303
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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