Listing ID6422219
Sold For$515,000
StatusClosed
Sold Date8/08/2022
CountyMaricopa
Year Built1948
Property TypeMultiple Dwellings
Welcome to a beautifully renovated duplex! There are so many options in this pristine two unit house. Multigenerational living - aging parents on one side and family on the other. Adult kids that need their own space? Live one side and long or short term the other. Or just rent both sides! So many choices!
The entire house has been redone with tasteful nods to the time it was built. Storage galore with built ins every where. Amazing light makes it feel airy and bright.
The front yard is newly fenced for privacy with a real grass lawn under your feet. Fresh exterior paint updates it beautifully!
*furnishings may be available on a separate bill of sale
*buyer to verify all facts and figures
County
Maricopa
Property Type
Multiple Dwellings
Year Built
1948
Zoning
RM4
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
1200
Cooling
Central A/C, Electric, Ceiling Fan(s)
Cooling
yes
Heating
Electric
Heating
yes
Community Features
No Pool
Country
US
Directions
West on University to 707 on the south side of the street.
Elementary School
Edison Elementary School
Elementary School District
Mesa Unified District
General Property Description Elementary School
Edison Elementary School
General Property Description Elementary School District2
Mesa Unified District
General Property Description High School
Westwood High School
General Property Description High School District
Mesa Unified District
General Property Description Jr High School
Kino Junior High School
High School
Westwood High School
High School District
Mesa Unified District
Middle Or Junior School
Kino Junior High School
Postal City
Mesa
Township
1N
Water Source
City Franchise
Attached Garage
no
Construction Materials
Brick
Electric
City Electric
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
unknown
General Property Description Total # of Units
2
General Property Description Uncvrd Parking Spcs
4
Lot Size Dimensions
unknown
Number Of Buildings
1
Number Of Units Total
2
Open Parking Spaces
4
Parking Features
>1 Space Per Unit
Parking Total
4
Road Surface Type
Gravel, Asphalt
Roof
Composition
Sewer
Sewer-In & Connected, Public Sewer
Buyer Agency Compensation
2.50
Mls Status
Closed
Public Survey Range
5E
Public Survey Section
23
2 Bedroom Units Avg Rent
1725
Cap Rate
6
Disclosures
None
Electric Expense
3000
Fuel Expense
1000
Gross Income
41400
Gross Scheduled Income
41400
Insurance Expense
1000
Listing Terms
Conventional, 1031 Exchange, FHA, VA Loan
Net Operating Income
31474
Operating Expense
9926
Owner Pays
Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
Professional Management Expense
2070
Tax Annual Amount
1056
Tax Book Number
138.00
Tax Year
2021
Tenant Pays
See Remarks
Trash Expense
600
Water Sewer Expense
1200
Contact - Listing ID 6422219
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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