$1,010,000
$1,050,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/02/2024
Key Details
Sold Price $1,010,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6705805
Sold Date 08/02/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1961
Annual Tax Amount $1,679
Tax Year 2023
Lot Dimensions 40x103
Property Description
Performing 4plex with 7.8% CAP Rate in the heart of Mesa close to schools, shopping and more. Lovingly updated with quartz look counters, white shaker cabinets and wood look flooring, these freshly painted units have plenty of parking and backyards.
The dwelling mix includes 4 updated units with: 1/1, 2/1, 3/1, 4/2.5 which are fully tenanted. Artificial turf for easy maintenance. Newer roofs and AC units.
Drive by only, do not disturb tenants.
Location
State AZ
County Maricopa
Zoning RM-3
Direction From N Alma School head west on Rio Salado Parkway to 936 W Rio Salado. Property will be on the north side of the street.
Interior
Heating Electric, Ceiling
Cooling Central A/C, Electric, Ceiling Fan(s)
Flooring Other, Carpet, Vinyl
Appliance BI Oven/Range, Microwave
Exterior
Garage Add'l Parking Avail, 1 Space/Unit, Common
Community Features No Pool
Waterfront No
Roof Type Composition
Parking Type Add'l Parking Avail, 1 Space/Unit, Common
Total Parking Spaces 9
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise, Individual Meter
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 135-22-056-B
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
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