453
W
UNIVERSITY Drive,
Mesa,
Arizona
AZ
85201-5709
Sold For: $499,000
Listing ID 6476476
Status Closed
Year Built 1960
Property Description:
Primary Features
Property Type:
Multiple Dwellings
Subdivision:
BOND ACRES
Year Built:
1960
Zoning:
Duplex
Interior
1 Bedroom Units # Baths:
1
1 Bedroom Units Avg SqFt:
700
2 Bedroom Units # Baths:
1
2 Bedroom Units Avg SqFt:
784
Cooling:
2 or More Units, Central A/C, Electric
Cooling:
yes
Heating:
Heat Pump, Electric
Heating:
yes
Location
Country:
US
Directions:
Heading East on university Dr, Property is on the right
Elementary School District:
Mesa Unified District
General Property Description Elementary School District2:
Mesa Unified District
General Property Description High School District:
Mesa Unified District
High School District:
Mesa Unified District
Postal City:
Mesa
Township:
1N
Water Source:
City Franchise
External
Attached Garage:
no
Construction Materials:
Painted, Block
Covered Spaces:
2
Electric:
City Electric
General Property Description # of Buildings:
1
General Property Description Lot Size Dimensions:
TBD
General Property Description Total # of Units:
2
General Property Description Uncvrd Parking Spcs:
2
Lot Size Dimensions:
TBD
Number Of Buildings:
1
Number Of Units Total:
2
Open Parking Spaces:
2
Parking Features:
>1 Space Per Unit
Parking Total:
4
Road Surface Type:
Concrete
Roof:
Composition
Sewer:
Public Sewer
Additional
Buyer Agency Compensation:
2.50
Mls Status:
Closed
Public Survey Range:
5E
Public Survey Section:
21
Financial
1 Bedroom Units Avg Rent:
1400
2 Bedroom Units Avg Rent:
1600
Cap Rate:
6.22
Disclosures:
None
Gross Income:
34920
Gross Scheduled Income:
36000
Insurance Expense:
1016
Listing Terms:
Conventional, 1031 Exchange, FHA, VA Loan, Trade
Net Operating Income:
31027
Operating Expense:
3893
Owner Pays:
None
Professional Management Expense:
2160
Tax Annual Amount:
717
Tax Block:
1
Tax Book Number:
135.00
Tax Lot:
7
Tax Year:
2021
Tenant Pays:
Trash Collection, Electricity, Water, Sewer, Cable TV, Landscaping
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