45 N Phyllis St. #2, Mesa, AZ 85201

45 N Phyllis St. #2, Mesa, AZ 85201
Photo 1 of 1
$125,000
Sold on 10/21/11
Beds Baths Sq. Ft. Taxes Built
0.00 0 $1,034 1986
On the market: 28 days
View full details, 15 photos, school info, and price history
**Not a short sale or REO** Investor cash flow opportunity. Current owner has rehabbed this entire building as well as helping the community itself. Property is fully rented and has waiting list for empty units - high demand area close to light rail, college, Tempe Marketplace and much more. Ride the appreciation back up to levels seen a few years ago! Can be sold with other buildings in various stages of remodeland can discuss making a package deal for other buildings(different owner). Community upgrades include coin-op laundry, lighting, pool and covered parking. NO HOA currently - but new owners can possibly create one and create more cashflow. Current rents = $2000 for the building, all on time, verifying deposits that are held. All 4 units are 2bed/1bath. Inner toilet mechanics Carpet and tile Flooring Took the pop corn ceiling out of 3 units and put in Santa Fe texture. Floated out a dozen walls that had holes in them. 2 new water heaters. All repainted Had extensive work done on the Air conditioners (new exterior motors, 2 new Thermostats). 2 new dish washers downstairs. New water shut off valve outside. 2 newer stoves Bought and put in a new fridge upstairs. patched any loose roofing. Put in all new blinds New garbage disposals Repaired kitchen cabinets
Listing courtesy of NEIL FREEDLAND PROPERTIES & NEIL FREEDLAND PROPERTIES