Viewing Listing MLS# 6861620
Mesa, AZ 85203
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1973Year Built
- 0.00Acres
- 53 yearsEst Age
- MLS# 6861620
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market1 year, 1 month, 10 days
- AreaMaricopa
- CountyMaricopa
- Subdivision Suburban Gardens 2
Overview
Prime Mesa Investment Opportunity! This 4-plex offers 4 spacious 2-bed, 2-bath, 1000sqft units with strong upside potential. First-floor units boast remodeled kitchens, all-tile floors, and large fenced yards. Upstairs, Unit D features vinyl floors and a remodeled kitchen; Unit C has a remodeled kitchen, laminate in living areas, and carpeted bedrooms. Most windows upgraded to vinyl dual-pane. Separate laundry building with owned coin machines generates ~$1,500/yr, plus tenant storage. Long-term tenants at below-market rents offer significant rent increase potential. Steps from light rail. Owner pays water, sewer, trash, and laundry power. See APOD in docs. Buyer/agent to verify all info. Act now for great cash flow potential!
Agriculture / Farm
Association Fees / Info
Community Features: Other, See Remarks
Hoa: No
Bathroom Info
Building Info
Construction Materials: Wood Frame, Painted
Roof: Other, Built-Up, Foam, Shake
Exterior Features
Financial
Owner Pays: Other,See Remarks,Trash Collection,Water,Sewer
Gross Income: 55740
Garage / Parking
Parking Features: Carport
Interior Features
Flooring: Carpet, Ceramic Tile, Vinyl
Appliances: Free-Standing Range, Microwave
Lot Info
Lot Size: 6897
Number of Buildings: 1
Other School Info
Property Info
Road Surface Type: Concrete, Asphalt
Zoning: MULTI
Tax Info
Tax Legal Description: LOT 32 SUBURBAN GARDENS 2 MCR 009143
Tax Amount Annual: 1543
Unit Info
Total Units: 4
Utilities / Hvac
Water Source: City Franchise
Electric: City Electric
Cooling: Yes
Cool System: Central Air
Heating: Other, See Remarks
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Directions
South on Stapley, West on 2nd St
Listings courtesy of Professional Real Estate Negotiators
MLS# 7018183