260 W 8TH Avenue , #37

    Mesa, AZ 85210
    • $394,000
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: 5971177
    UPDATED: 188 min ago
    $394,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1985
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    This Turn-Key Property is a Great investment with steady income and room to increase the rent. Easy to maintain (4) plex features (2) units up and (2) units down. All units occupied with long-term & stable tenants. Each unit consists of 2 bedrooms, 1 bath, plus covered parking. Recent improvements include exterior repair and paint (2019), 2 units interior freshly painted (2018-2019), some new appliances in each unit and (1) new water heater (2019). Great location with walking distance to light rail station. Property is professionally managed and maintained.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than CC & Co. Real Estate Team | Keller Williams Realty Phoenix. Data last updated 2019-09-16T00:10:38.92.
    www.joyofcominghome.com/homes/98445713

    260 W 8TH Avenue , #37 Mesa, AZ 85210

    • Price: $394,000
    • Status: Active
    • Updated: 188 min ago
    • MLS #: 5971177
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1985
    Built
    Neighborhood:
    Amberwood Manor Amd Lot 1-41 Tr A-R
    County:
    Maricopa
    Area:
    Mesa
    Elementary School:
    Guerrero Elementary School
    Middle School:
    Rhodes Junior High School
    High School:
    Dobson High School
    School District:
    004 - Mesa Unified District
    Property Description
    This Turn-Key Property is a Great investment with steady income and room to increase the rent. Easy to maintain (4) plex features (2) units up and (2) units down. All units occupied with long-term & stable tenants. Each unit consists of 2 bedrooms, 1 bath, plus covered parking. Recent improvements include exterior repair and paint (2019), 2 units interior freshly painted (2018-2019), some new appliances in each unit and (1) new water heater (2019). Great location with walking distance to light rail station. Property is professionally managed and maintained.
    Exterior Features

    Construction Other (See Remarks) Construction Finish PaintedStucco Covered Parking Spaces 4.00 Exterior Amenities Green LandscapingDesert LandscapingPatio/Balcony Lot Size Dimensions 5554 Sq Ft Parking <1 Space Per Unit Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 4.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 812 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigeratorDishwasherDisposal Cooling Central A/CElectric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Electric Interior Amenities UnfurnishedFire/Smoke Alarm(S)

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 650.00 2 Bedroom Units 4 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 31200.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 607.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 600.00 Annual Mgmt Exp 1080.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 3780.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 2700.00 Community Amenities No PoolPlay Area Cross Street Broadway & Country Club. Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric City Electric Gas None Gross Annual Sch Inc 31200.00 Hoa YN Yes Net Operating Income 21183.00 New Financing Conventional1031 Exchange Operating Exp 10020.00 Other Income 0.00 Owner Pays Water Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Mesa Taxes 1253.00 Tenant Pays ElectricCable Tv Vacancy Allowance 0.00 Water City Franchise Zoning Rm-3

    Listing courtesy of Century 21 Arizona Foothills.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than CC & Co. Real Estate Team | Keller Williams Realty Phoenix. Data last updated 2019-09-16T00:10:38.92.
     
    CC & Co. Real Estate Team | Keller Williams Realty Phoenix
    3920 S Rural Rd. Suite 110
    Tempe AZ, 85282