Listing ID6411305
Sold For$680,000
StatusClosed
Sold Date5/12/2023
CountyMaricopa
SubdivisionSUN VILLA
Year Built1984
Property TypeMultiple Dwellings
WOW, LOOK AT THIS GREAT COMPLEX!!! AMAZING AREA. DO NOT DISTURB TENANTS!!!! PRIDE OF OWNERSHIP SHOWS IN THIS PROPERTY AND THE TENANTS ARE LONG TERM. 100% OCCUPIED SO PLEASE DO NOT DISTRUB. 3 NEW AC UNITS, 3 NEW DISHWASHERS THIS YEAR. UNITS ALL HAVE TILE THROUGHOUT. EACH UNIT HAS A STORAGE UNIT WITH LAUNDRY HOOK UPS. EACH HAS A BACK PATIO. TENANTS PAY ELECTRIC. SELLER PAYS WATER/TRASH. ROOF NEW IN 2011. GREAT INVESTMENT OR LIVE IN ONE AND RENT REST OUT! THIS UNIT IS SELF MANAGED AND NOT UNDER PROPERTY MANAGEMENT. RURAL METRO FIRE PROTECTION IS PAID ANNUALLY AND NOT INCLUDED IN TAXES AS THIS IS IN AN UNICORPORATED AREA OF THE COUNTY. DON'T MISS THIS GREAT DEAL!
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
SUN VILLA
Year Built
1984
Zoning
MULTI
1 Bedroom Units # Baths
1
1 Bedroom Units Avg SqFt
725
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
925
Cooling
Central A/C, Electric
Cooling
yes
Heating
Electric
Heating
yes
Community Features
No Pool
Country
US
Directions
EAST TO 64TH PL. NORTH ON 64TH. PROPERTY IS ON NE CORNER. 2ND UNIT NORTH OF 1ST UNIT.
Elementary School
Salk Elementary School
Elementary School District
Mesa Unified District
General Property Description Elementary School
Salk Elementary School
General Property Description Elementary School District2
Mesa Unified District
General Property Description High School
Red Mountain High School
General Property Description High School District
Mesa Unified District
General Property Description Jr High School
Fremont Junior High School
High School
Red Mountain High School
High School District
Mesa Unified District
Middle Or Junior School
Fremont Junior High School
Postal City
Mesa
Water Source
City Franchise
Attached Garage
no
Construction Materials
Siding, Brick Veneer, Painted, Brick, Frame - Wood
Covered Spaces
4
Electric
SRP, Individual Meter
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
irr
General Property Description Total # of Units
4
Lot Size Dimensions
irr
Number Of Buildings
1
Number Of Units Total
4
Parking Features
Add'l Parking Avail, 1 Space/Unit
Parking Total
4
Road Surface Type
Gravel
Roof
Composition
Sewer
Public Sewer
Buyer Agency Compensation
2.00
Mls Status
Closed
1 Bedroom Units Avg Rent
1050
2 Bedroom Units Avg Rent
1050
Cap Rate
6.14
Disclosures
None
Gardener Expense
500
Gross Income
45540
Gross Scheduled Income
45540
Insurance Expense
2756
Listing Terms
Conventional, FHA
Maintenance Expense
2900
Net Operating Income
45540
Operating Expense
10136
Owner Pays
Trash Collection, Water, Sewer, Landscaping
Tax Annual Amount
1380
Tax Book Number
141.00
Tax Year
2021
Tenant Pays
Electricity
Water Sewer Expense
2600
Contact - Listing ID 6411305
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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