$540,000 Not Disclosed Mesa, AZ

MLS: 6132014   Type: Multi-Family   County: Maricopa   City: Mesa   Neighborhood: Central Mesa   Zip: 85204     Taxes: $1,254

Mortgage $2,535 /mo



Half Baths

Sqr Footage

Lot Size








Nicely maintained 4-plex with shaded, enclosed back yard. Near Downtown Mesa and Pioneer Park. Actual rents are below market. All Leases are Month-to Month. Great upside for investor! Proforma CAP of 7% ! Laundry and two units are Sub-level. Three 2-bedroom and One 1- bedroom. Two of the AC Units are less than 5 years old. Beautifully designed - Unique 4-plex . Income and OPX on this listing are Proforma. Actual P/L will be provided upon accepted offer. Recent inspection report available - no major issues. TENANTS HAVE RIGHTS - DO NOT WALK PROPERTY WITHOUT PERMISSION OR DISTURB TENANTS.

Elementary School

Middle School

High School

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Distance: N/A Miles
Mesa Junior High School
Distance: N/A Miles
Distance: N/A Miles

Price History

9/18/2020 Listed $585,000
9/27/2020 1% - $580,000
10/13/2020 7% - $540,000

1 Bedroom Units: Avg Rent 780.00
2 Bedroom Units: Avg Rent 1099.00
3 Bedrooms Units: Avg Rent 0.00
3 Bedrooms Units: Avg Sqft 0
4 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Sqft 0
Construction Frame - Wood
Cooling Heat Pump
Electric City Electric, Individual Meter
Exterior Features Cable TV Available, Fenced, Patio/Balcony, Security Light(s)
Features No Pool
Heating Electric
High School Mesa High School
Interior Features Basement
Map Code/Grid R39
Middle School Mesa Junior High School
Net Income 42004.00
New Financing Conventional, CTL
Owner Pays Electric, Landscaping, Sewer, Water
Parking >1 Space Per Unit, Add'l Parking Avail, Carport, Paved Parking
Property Type F
Public Remarks Nicely maintained 4-plex with shaded
Roof Comp Shingle
School District 004 - Mesa Unified District
Sewer Sewer - Public
Status Active
Subdivision Central Mesa
Tenant Pays Electric, Trash
Water City Franchise
Year Built 1972
Zoning MFH-RM3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 1
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 732
2 Bedroom Units: # 2 Bedroom Units 3
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 866
3 Bedrooms Units: # 3 Bedroom Units 0
3 Bedrooms Units: # Baths 0
4 Bedrooms Units: # 4 Bedroom Units 0
4 Bedrooms Units: # Baths 0
Appliances Included F/S Oven/Range
Floors Carpet, Ceramic Tile, Vinyl/Composition
Gas None
Total Number of Units 4.00

Exterior Features

Const - Finish Painted, Stucco
Covered Parking Spcs 6.00
Lot Size Dimensions 7841
Total Parking Spcs 14.00

Property Schools

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Property vs Zip Code Avg (85204)

Price 540K Avg 1.88M

Sqr Feet 3,330 Avg 7,933

Cost / Sqr Ft $162 Avg $237

Taxes $1,254 Avg $3,847

Visits 123 Avg 103

Days on Site 34 Avg 46

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Listing Provided Courtesy Of: Keller Williams Realty Sonoran Living

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Location & Address

The Evenson Fisher Group
2301 S Stearman drive
Chandler, AZ