Listing ID6320581
Sold For$423,000
StatusClosed
Sold Date12/23/2021
CountyMaricopa
SubdivisionENCHANTED VILLAGE
Year Built1971
Property TypeMultiple Dwellings
Duplex in Enchanted Village sits on a nice size corner lot. Looks like (2) single family homes depending on what street your on. You have one unit that faces brown road and the other unit that is on July Cir. Each unit is a (2) Bedroom, (1) Bath unit with 950 square feet. The entire roof was replaced recently and the air conditioners are only 3.5 years old. 100% Occupied. Both tenants are Month to Month. Walking distance to the light rail as well as shopping and parks. Don't miss this opportunity to own this property. Drive by only.
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
ENCHANTED VILLAGE
Year Built
1971
Zoning
M-H
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
950
Cooling
Central A/C
Cooling
yes
Heating
Central
Heating
yes
Community Features
No Pool
Country
US
Directions
East on Brown Rd through Mesa Dr. Turn right onto July Cir. Property is on the corner of July Circle and Brown Rd.
Elementary School District
Mesa Unified District
General Property Description Elementary School District2
Mesa Unified District
General Property Description High School
Westwood High School
General Property Description High School District
Mesa Unified District
General Property Description Jr High School
Kino Junior High School
High School
Westwood High School
High School District
Mesa Unified District
Middle Or Junior School
Kino Junior High School
Postal City
Mesa
Township
1N
Water Source
City Franchise, Master Meter
Attached Garage
yes
Construction Materials
Painted, Block
Covered Spaces
2
Electric
City Electric, Individual Meter
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
96.66 x 24.43 x 50.30 x 1109.90 x 70.25
General Property Description Total # of Units
2
General Property Description Uncvrd Parking Spcs
2
Lot Size Dimensions
96.66 x 24.43 x 50.30 x 1109.90 x 70.25
Number Of Buildings
1
Number Of Units Total
2
Open Parking Spaces
2
Parking Attached
1
Parking Carport
1
Parking Features
Attached, >1 Space Per Unit, Common
Parking Total
4
Road Surface Type
Asphalt, Concrete, Sidewalk(s), Alley
Roof
Composition
Sewer
Public Sewer
Buyer Agency Compensation
2.00
Mls Status
Closed
Public Survey Range
5E
Public Survey Section
14
2 Bedroom Units Avg Rent
675
Cap Rate
3.06
Disclosures
None
Gross Income
16200
Gross Scheduled Income
16200
Listing Terms
Conventional, 1031 Exchange, FHA, VA Loan
Net Operating Income
13116
Operating Expense
2373
Owner Pays
Trash Collection, Water, Sewer
Tax Annual Amount
933
Tax Book Number
137.00
Tax Lot
122
Tax Year
2021
Tenant Pays
Electricity, Cable TV
Water Sewer Expense
1440
Contact - Listing ID 6320581
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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