Listing ID6387400
Sold For$581,000
StatusClosed
Sold Date5/17/2022
CountyMaricopa
SubdivisionGREENFIELD ESTATES UNIT 1
Year Built1980
Property TypeMultiple Dwellings
Excellent Opportunity! Fully occupied triplex in fantastic East Mesa location in a highly desired Multi-Family area w/parks down the street. Professionally managed, Block built w/low maintenance desert landscaping, this well-maintained triplex offers 3 covered parking spaces and onsite laundry room. Two units have private, fenced backyards. One unit has a new AC unit (April 2021), and 8 brand new window blinds recently installed throughout the three units (2022). Tenants pay their own electric; owner pays water & trash. No HOA. Leases coming up for renewal soon making this perfect timing for your desired options. All long-term tenants. Please do not disturb tenants. Drive by only.
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
GREENFIELD ESTATES UNIT 1
Year Built
1980
Zoning
0330
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
882
Cooling
Individual, Electric
Cooling
yes
Heating
Individual, Electric
Heating
yes
Community Features
Other, No Pool
Country
US
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
Attached Garage
no
Construction Materials
Brick Veneer, Slump Block
Covered Spaces
3
Electric
SRP
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
134 X 70
General Property Description Total # of Units
3
General Property Description Uncvrd Parking Spcs
3
Lot Size Dimensions
134 X 70
Number Of Buildings
1
Number Of Units Total
3
Open Parking Spaces
3
Parking Carport
1
Parking Features
Free, >1 Space Per Unit, Street Parking, Common
Parking Free
1
Parking Total
6
Road Surface Type
Asphalt
Roof
Composition
Sewer
Sewer-In & Connected, Public Sewer
Buyer Agency Compensation
2.50
Mls Status
Closed
Public Survey Range
6E
Public Survey Section
15
2 Bedroom Units Avg Rent
897
Cap Rate
3.38
Current Financing
Not Applicable
Disclosures
Seller Prop Disc Stm
Gardener Expense
550
Gross Income
21769.5
Gross Scheduled Income
20725
Listing Terms
Conventional
Maintenance Expense
355
Net Operating Income
19089.92
Operating Expense
4113.58
Other Expense
333.15
Owner Pays
Trash Collection, Water, Sewer
Professional Management Expense
1441.43
Tax Annual Amount
1434
Tax Book Number
140.00
Tax Lot
106
Tax Year
2021
Tenant Pays
Electricity, Cable TV
Contact - Listing ID 6387400
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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