$330,000
$350,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/02/2021
Key Details
Sold Price $330,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Stewarts South-East Mesa Addition
MLS Listing ID 6191645
Sold Date 03/02/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1960
Annual Tax Amount $807
Tax Year 2020
Lot Dimensions 7,485
Property Description
Solid investment opportunity!! Fresh New Paint!!! Sturdy building, well maintained, great renters who take care of the property & pay rents on time. South side unit (428) is a 1 bed 1 bath rented for $650, and the north unit (426) is a 2 bed 1 bath rented for $700. Below market rents!! Both have tile throughout, good size family rooms, eat in kitchens, both have a 1 car carport, good size backyards, no roof leaks, window AC units, and a well built solid block home. Home is in a great area of Mesa that is being updated and values of homes are steadily increasing. Tenants are under contract until March of 2021, they're solid tenants and will stay for several more years. Great opportunity to increase rents to a comparable $900/$1100 for these units. Tenants pay all utilities, and no HOA!!
Location
State AZ
County Maricopa
Community Stewarts South-East Mesa Addition
Zoning M-H
Direction Heading East on Broadway Rd from Mesa Dr turn right onto Hobson and home is 2nd house on the right.
Interior
Heating Other, See Remarks
Cooling Wall/Window Unit(s)
Appliance WD Hookup, BI OvenRange
Exterior
Parking Features Common
Community Features No Pool
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Lowell Elementary School - Mesa
Middle Schools Kino Junior High School
High Schools Mesa High School
School District Mesa Unified District
Others
Senior Community No
Tax ID 139-24-051
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with HomeSmart
GET MORE INFORMATION
Partner | Lic# SA575824000