$950,000
$975,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/22/2022
Key Details
Sold Price $950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Desert Wells Amd
MLS Listing ID 6323917
Sold Date 08/22/22
Maintenance Fees $450
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1950
Annual Tax Amount $1,450
Tax Year 2020
Lot Dimensions 60x160
Property Description
Now Updated! Fantastic Opportunity to Own 8 Units in East Mesa. This is Cash Flowing Asset with the Opportunity to Renovate One Down unit and Raise Rents. This property consists of two 1 bedroom units and Six Studio units. This is a stable apartment with tons of upside. DO NOT DISTURB TENANTS!
Location
State AZ
County Maricopa
Community Desert Wells Amd
Zoning LC
Direction South on Power to Avalon, west to the property on the south side of the road
Interior
Heating Window/Wall Unit(s)
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Appliance F/S Oven/Range, Microwave
Exterior
Garage 1 Space/Unit
Community Features Other
Waterfront No
Roof Type Composition,Foam
Parking Type 1 Space/Unit
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 141-58-168
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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Bought with Joseph Bernard Investment RE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "