$820,000
$850,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/15/2024
Key Details
Sold Price $820,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Heritage Estates
MLS Listing ID 6775879
Sold Date 11/15/24
Maintenance Fees $1,929
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1984
Annual Tax Amount $2,406
Tax Year 2024
Lot Dimensions 131.90x64.26x132.34x64.27
Property Description
Incredible Investment Opportunity in prime Mesa location! This fantastic 4-plex boasts one spacious 3-bedroom, 2-bath unit with an attached garage and three roomy 2-bedroom, 2-bath units, each featuring an in-unit washer/dryer. Ideal for long, short-term or mid-term rental options or an owner-occupant looking to build equity while generating income. The 2-bedroom units come with covered carport parking and extra storage, adding extra convenience for tenants. With all units currently occupied and room for rental increases, this property is primed for solid returns. Each unit is individually metered for electricity, and recent updates include a new AC unit, two new water heaters, and a fresh exterior paint job. Located near popular destinations like the Cubs stadium, Tempe Town Lake, (MORE schools, shopping, and entertainment, this property is a great investment opportunity. Note: Drive-by only - no interior showings until after contract acceptance. Please respect tenant privacy and do not disturb occupants.
Location
State AZ
County Maricopa
Community Heritage Estates
Zoning Multi
Direction Go west on Rio Salado from Country Club, N. Revere is about half a mile west on Country Club. The property is on the west side of the street.
Interior
Heating Electric
Cooling Electric
Flooring Ceramic Tile, Vinyl
Appliance F/S Oven/Range, W/D Hookup
Exterior
Parking Features Attached, Common
Community Features Other, See Remarks
Roof Type Rolled/Hot Mop
Total Parking Spaces 4
Garage Yes
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Emerson Elementary School
Middle Schools Carson Junior High School
High Schools Westwood High School
School District Mesa Unified District
Others
Senior Community No
Tax ID 135-17-310
Acceptable Financing Conventional
Listing Terms Conventional
Financing Other
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Bought with Russ Lyon Sotheby's International Realty
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