$399,900 740 W 1st Place Mesa, AZ

MLS: 6212427   Type: Pending   County: Maricopa   City: Mesa   Zip: 85201     Taxes: $774

Mortgage $1,877 /mo



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BACK ON MARKET!! (canceled contract) 2 HOUSES WITH SEPARATE METERS!! Unique property with endless possibilities! 7,029 sqft lot. This lot is zoned for multi-family, high density up to 2,499 sqft. Front home (740) is 2 bed/1bath, 787 sqft, in 2020 new interior paint, AC unit, and washer & dryer. Back home (740 1/2) is 2 bed/1bath, 618 sqft, has a washer & dryer hookup. Both tenants pay all of their own utilities and have separate meters. Exterior of homes including carport and storage shed are freshly painted. Home has dual pane windows, new blinds, locks and screens. Each home has its own separate driveway. Located in Mesa Historic District, lots of schools and shopping. Must schedule for showings, tenant occupied, need 48 hr notice. Seller prefers First American Title. See private remarks

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Price History

3/26/2021 Listed $450,000
3/30/2021 6% - $425,000
4/19/2021 6% - $399,900

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 965.00
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 Block, Frame - Wood
Cooling Central A/C
Electric City Electric
Exterior Features Desert Landscaping, Fenced, Separate Storage
Features No Pool
Gas Y/N City Gas
Heating Electric
Interior Features Unfurnished
Map Code/Grid R38
Net Income 23160.00
New Financing 1031 Exchange, Conventional, FHA
Owner Pays None
Parking >1 Space Per Unit, Carport, Paved Parking
Property Type F
Roof Comp Shingle
School District 004 - Mesa Unified District
Sewer Sewer - Public
Status Pending
Tenant Pays Cable TV, Electric, Gas, Sewer, Trash, Water
Water City Franchise
Year Built 1949
Zoning M-H

Interior Features

1 Bedroom Units: # 1 Bedroom Units 0
1 Bedroom Units: # Baths 0
1 Bedroom Units: Avg Sqft 0
2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 700
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 Dishwasher, F/S Oven/Range, Refrigerator, Washer/Dryer
Floors Ceramic Tile
Total Number of Units 2.00

Exterior Features

Const - Finish Painted, Siding, Stucco
Covered Parking Spcs 2.00
Lot Size Dimensions 7029
Total Parking Spcs 6.00

Property Schools

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Property vs Zip Code Avg (85201)

Price 399K Avg 303K

Sqr Feet 1,400 Avg 1,578

Cost / Sqr Ft $286 Avg $193

Taxes $774 Avg $861

Visits 72 Avg 63

Days on Site 44 Avg 41

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Listing Provided Courtesy Of: Synchronicity Realty

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Location & Address

The Evenson Fisher Group
2301 S Stearman drive
Chandler, AZ