Listing ID6405513
Sold For$815,000
StatusClosed
Sold Date7/04/2022
CountyMaricopa
Year Built2002
Property TypeMultifamily Residential
Property Sub TypeFour Plex
Amazing single level, 4 Plex, built in 2002 with block construction this property does not compare to the 1980 stucco built in the area. These units are individually metered for Water and Electric. The owners have maintained and improved this property since 2013 purchase with updated bathrooms, kitchens and tile. The units are 2 bedroom/2 bath with individual washer/dryers in each unit, covered parking and storage sheds. This property is located in the desirable neighborhood of west Mesa and close to everything imaginable. Residents enjoy the accessibility to downtown Mesa's museums, theaters, and nightlife: ASU, Mesa Riverview, Tempe Marketplace, Cubs Stadium and freeway access. Land available next to property-MLS 6405511. Do not disturb tenants-Drive by only/do not walk the property.
County
Maricopa
Property Sub Type
Four Plex
Property Type
Multifamily Residential
Sold Date
2022-07-04T00:00:00+00:00
Sold Price
$815,000
Year Built
2002
Zoning
MH
2 Bedroom Units
4
2 Bedroom Units - Average SqFt
850
2 Bedroom Units - Number of Baths
2
Appliances Included
Disposal, F/S Oven/Range, Refrigerator, W/D Hookup
Cooling
Electric
Floors
Ceramic Tile
Heating
Electric
Interior Amenities
Unfurnished, Vertical Blinds
Total Units
4
Construction
Block
Covered Parking Spaces
4
Exterior Amenities
Cable TV Available, Partially Fenced
Exterior Finish
Painted
Lot Size Dimensions
59.95x256.04x59.95x255.92
Parking
>1 Space Per Unit, Free, Paved Parking
Roofing
Comp Shingle
Total Parking Spaces
8
Country
USA
Elementary School
Whittier Elementary School - Mesa
High School
Westwood High School
High School District Number
004 - Mesa Unified District
Jr. High School
Whittier Elementary School - Mesa
Map Code/Grid
Q38
School District
004 - Mesa Unified District
Community Amenities
Other, See Remarks
Electric
SRP
Gas
None
Marketing Name
Great 2002 4 Plex
Owner Association
No
Sewer
Sewer - Public
Vacancy Allowance
0.2
Water
City Franchise
2 Bedroom Units - Average Rent
750
Adjusted Gross Income
49920
Contingency Type
No
Financial Data Source
Projected Proforma
Gross Annual Scheduled Income
62400
Net Operating Income
60400
New Financing
Conventional, FHA, VA
Operating Expense
1960
Owner Pays
Other
Sale Includes
Building(s) Only
Tax Municipality
Maricopa - COUNTY
Taxes
1960
Tenant Pays
Electric, Water
Total Monthly Rental Income
5200
Contact - Listing ID 6405513
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
