Listing ID6405515
Price$599,900
StatusActive
CountyMaricopa
Year Built1981
Property TypeMultifamily Residential
Property Sub TypeTri-Plex
TENANTS PAY WATER AND ELECTRIC! Long Term Tenants! Strong Rental Area! Central location! Close to Entertainment , shopping, and Employment opportunities with the light rail a short walk away. This is a great investment opportunity with single family homes and multi-family properties on the same street. These units are 2 bedroom/1 bath homes, tile, a community laundry area, and off street parking. NEW ROOF AND AC UNITS replaced in 2019! Do not miss the growth coming to Arizona. Current rents are below market - value add opportunity. The tenants are all month to month, rents can be increased with new tenants or substantial increase with unit remodels. Do not disturb the tenants. NO SIGN ON PROPERTY-DRIVE BY ONLY
County
Maricopa
Property Sub Type
Tri-Plex
Property Type
Multifamily Residential
Year Built
1981
Zoning
MH
2 Bedroom Units
3
2 Bedroom Units: Average SqFt
600
2 Bedroom Units: Number of Baths
1
Appliances Included
F/S Oven/Range
Cooling
Electric
Floors
Ceramic Tile
Heating
Electric
Interior Amenities
Mini Blinds, Unfurnished
Total Units
3
Construction
Block
Exterior Amenities
Other (See Remarks)
Exterior Finish
Painted
Lot Size Dimensions
68.02x128.57x68.02x128.57
Parking
>1 Space Per Unit, Free, Paved Parking
Roads/Streets
Asphalt
Roofing
Comp Shingle
Total Parking Spaces
3
Country
USA
Cross Street
Mesa Dr/Southern
Elementary School
Holmes Elementary School
High School
Mesa High School
High School District Number
004 - Mesa Unified District
Jr. High School
Mesa Junior High School
Map Code/Grid
Q38
School District
004 - Mesa Unified District
Community Amenities
Other
Electric
SRP
Entry Timestamp
2022-05-25T08:55:33+00:00
Gas
None
Marketing Name
Income Triplex
Owner Association
No
Sewer
Sewer - Public
Vacancy Allowance
0.02
Water
City Franchise
2 Bedroom Units: Average Rent
700
Adjusted Gross Income
42336
Contingency Type
No
Financial Data Source
Projected Proforma
Gross Annual Scheduled Income
43200
New Financing
Conventional, FHA, VA
Operating Expense
1000
Owner Pays
None
Sale Includes
Building(s) Only
Tax Municipality
Maricopa - COUNTY
Taxes
1000
Tenant Pays
Electric, Sewer, Trash, Water
Contact - Listing ID 6405515
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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