Listing ID6401828
Price$710,000
StatusActive
CountyMaricopa
SubdivisionVICTORIA MANOR
Year Built1986
Property TypeMultifamily Residential
Property Sub TypeFour Plex
Well-maintained fantastic newly updated fourplex in a great location - close to freeways 101, 202, 87 & I-60. Four units - each unit has 2 bedrooms & 1 bath. In 2019 unit #103 was totally remodeled w/ new kitchen, stainless-steel appliances, luxury vinyl flooring & new bathroom. The other three units were partially updated w/ new flooring & some new appliances. Community Laundry. Each unit comes with 1 covered parking and 1 uncovered parking. This charming place is close to ASU Campus, Light Rail, freeways, shopping at Tempe Market Place, Tempe Lake Park and Spring Training Ballpark. All new roof 2018; all new windows 2019; exterior paint 2019; partial interior paint 2019. Tenants pay electricity. Unit #204 just vacated, please use ShowingTime to schedule showings & do not disturb tenants.
County
Maricopa
Property Sub Type
Four Plex
Property Type
Multifamily Residential
Subdivision
VICTORIA MANOR
Year Built
1986
Zoning
M-H
2 Bedroom Units
4
2 Bedroom Units: Average SqFt
700
2 Bedroom Units: Number of Baths
1
Appliances Included
Dishwasher, Disposal, F/S Oven/Range, Refrigerator
Cooling
Central A/C, Electric
Floors
Carpet, Ceramic Tile, Vinyl
Heating
Heat Pump
Interior Amenities
Fire/Smoke Alarm(s)
Total Units
4
Construction
Frame - Wood
Covered Parking Spaces
4
Exterior Amenities
Desert Landscaping, Landscape Wtr System, Partially Fenced, Security Light(s)
Exterior Finish
Stucco
Lot Size Dimensions
0.075 acres / 3,263 sqft
Parking
>1 Space Per Unit, Assigned, Carport, Paved Parking
Roads/Streets
Asphalt
Roofing
Comp Shingle
Total Parking Spaces
8
Building Number
2
Country
USA
Cross Street
Main and Dobson
High School District Number
004 - Mesa Unified District
Lot Number
2
Map Code/Grid
R38
Range
5E
School District
004 - Mesa Unified District
Section
19
Township
1N
Community Amenities
No Pool
Electric
Individual Meter, SRP
Entry Timestamp
2022-05-18T15:44:18+00:00
Gas
None
Marketing Name
VICTORIA MANOR
Owner Association
Yes
Sewer
Sewer - Public
Vacancy Allowance
0.05
Water
City Franchise, Master Meter
2 Bedroom Units: Average Rent
907.5
Adjusted Gross Income
38743.12
Annual Owner Association Fee
4224
Annual Water/Sewer Expense
1648.68
Contingency Type
UCB (Under Contract-Backups)
Financial Data Source
Provided by Owner
Gross Annual Scheduled Income
40782.23
New Financing
1031 Exchange, Conventional
Operating Expense
7169.68
Owner Pays
Sewer, Trash Collection, Water
Sale Includes
Land & Building
Tax Municipality
Mesa
Taxes
1297
Tenant Pays
Cable TV, Electric
Contact - Listing ID 6401828
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
