53 N San Jose St., Mesa, AZ 85201

53 N San Jose St., Mesa, AZ 85201
Photo 1 of 1
$245,500
Sold on 6/24/16
Beds Baths Sq. Ft. Taxes Built
0.00 0 $1,052 1984
On the market: 41 days
View full details, 15 photos, school info, and price history
WELL MAINTAINED BUILDING WITH 100% OCCUPANCY. 8.02% CAP RATE & 17.15% CASH-ON-CASH RETURN AT CURRENT RENTS. PROFORMA 8.7% CAP-RATE & 19.6% CASH-ON-CASH. NEW EXTERIOR PAINT & YARD WORK. TWO OF THE FOUR UNITS ARE COMPLETELY REMODELED ON THE INSIDE WITH NEW PAINT, BILNDS, KITCHEN CABINETS, APPLIANCES & SHOWER SURROUND. COIN-OP LAUNDRY CONVEYS ALONG WITH ALL OTHER APPLIANCES. LIGHT RAIL RIGHT DOWN THE STREET. CLOSE TO SHOPPING, CUBS SPRING TRAINING STADIUM & SEVERAL POPULAR RESTAURANTS. EASY ACCESS TO THE 202, 101, & THE 60 FREEWAYS. WITHIN MINUTES DRIVE TO ASU MAIN CAMPUS, MCC, PIMA MEDICAL, MESA ARTS ACADEMY & ARIZONA COLLEGE. ASU HAS PROPOSED TO BUILD A MESA CAMPUS JUST 3 MILES WEST (CENTER & MAIN). RAPID GROWING AREA FOR EDUCATION & ARTS MAKING THIS A SOUND INVESTMENT.
Listing courtesy of David Fernandez, HomeSmart