8-16 E 6TH Avenue

    Mesa, AZ 85210
    • $431,000
    • STATUS: Closed
    • ON SITE: 121 days
    • MLS #: 5873453
    Sold - 04/25/2019
    $431,000
    SOLD - 04/25/2019
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Packaged offering of two triplex buildings near Downtown Mesa/LRT. Must sell together. 8 E. 6th Ave consists of two large 2 bedroom units & one 3 bedroom. This building has a new roof, new HVAC unit, some new electrical, plumbing, & more. It was also substantially renovated about 14 years ago. 16 E. 6th Ave consists of two large 1 bedroom units & rear smaller 1 bedroom. Value-add opportunity. Solid rents in place w/ flexible leases. Rents could go up w/ aggressive new owner. Please note interior showings only in escrow and buyer is to complete/rely on own due diligence regarding all matters w/ the complex. Rents are actual, expenses partially projected. Offering Memorandum available upon request. Buyer may consider commercial or residential financing.

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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 2019-05-27T00:11:40.637.
    www.joyofcominghome.com/homes/91201004

    8-16 E 6TH Avenue Mesa, AZ 85210

    • Price: $464,000
    • Status: Closed
    • Updated: 140 min ago
    • MLS #: 5873453
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    Mesa Stadium Place
    County:
    Maricopa
    Area:
    Mesa
    School District:
    004 - Mesa Unified District
    Property Description
    Packaged offering of two triplex buildings near Downtown Mesa/LRT. Must sell together. 8 E. 6th Ave consists of two large 2 bedroom units & one 3 bedroom. This building has a new roof, new HVAC unit, some new electrical, plumbing, & more. It was also substantially renovated about 14 years ago. 16 E. 6th Ave consists of two large 1 bedroom units & rear smaller 1 bedroom. Value-add opportunity. Solid rents in place w/ flexible leases. Rents could go up w/ aggressive new owner. Please note interior showings only in escrow and buyer is to complete/rely on own due diligence regarding all matters w/ the complex. Rents are actual, expenses partially projected. Offering Memorandum available upon request. Buyer may consider commercial or residential financing.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 2.00 Exterior Amenities FencedCable Tv Available Lot Size Dimensions 8853 Parking Carport>1 Space Per Unit Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 8.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 585 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 880 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 1006 3 Bedroom Unit Baths 1 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeW/D HookupRefrigerator Cooling Central A/C2 Or More UnitsIndividualElectric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileOther (See Remarks) Heating Electric Interior Amenities Fire/Smoke Alarm(S)

    Property Features

    1 Bedroom Unit Avg Rent 567.00 1 Bedroom Units 3 2 Bedroom Unit Avg Rent 750.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 750.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 45828.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 11000.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities No Pool Cross Street Center And 6th Avenue Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual MeterSrp Gas None Gross Annual Sch Inc 47520.00 Hoa YN No Net Operating Income 33008.00 New Financing ConventionalNo CarryOther (See Remarks)1031 Exchange Operating Exp 12855.00 Other Income 720.00 Other Type Packaged OfferingOther (See Remarks) Owner Pays WaterTrashSewer Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By OwnerOther (See Remarks)Projected Proforma Tax Municipality Mesa Taxes 1855.00 Tenant Pays ElectricCable Tv Totl Mnth Rntal Inc 0.00 Vacancy Allowance 0.05 Water City Franchise Zoning M-H

    Listing courtesy of Platinum Living Realty.


    © 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 2019-05-27T00:11:40.637.
     
    CC & Co. Real Estate Team | Keller Williams Realty Phoenix
    3920 S Rural Rd. Suite 110
    Tempe AZ, 85282