Photo 1 of 1
$419,000
Sold on 10/05/18
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$1,429 |
1961 |
On the market:
58 days
|
View full details, 15 photos, school info, and price history
Tenants pay ALL Utilities, including S/W/T! Great 4-plex investment opportunity with one unit around 3,000 sf! Located in the heart of Mesa, it sits just over a mile to the nearest light rail station, and less than a mile to Mesa Riverview. It is straight down Rio Salado to Tempe Marketplace and ASU campus (a little more than 10 minutes away) and is minutes to both the 101 and 202 freeways. This property features a 3,000+/- square foot unit including basement (multiple living spaces and tons of storage), a 3/1, a 2/1, and a 1/1. The small units share a yard and the two larger units have their own private yards. ALL UNITS HAVE WASHER/DRYER HOOKUPS AND THEIR OWN ELECTRIC AND WATER METERS. Even at the under market rents, this is still a 6% cap rate with tons of upside potential. See Docs
Listing courtesy of Peter Burch, Metropolitan Land Co