NOT LISTED FOR SALE
9 Beds
6 Baths
1,979 Sq Ft
1960 Built

Last Sold July 20, 2015

Last sale price $217,000 $110 Per Sq Ft

107 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • 5-minute walk to Stapley Park
  • Franklin at Brimhall Elementary School Rated A
  • Heating System Uses Natural Gas

About This Home

As of July 2015

Great cash flow opportunity!! 6 Units!! This unique property features 2 single family homes and a four-plex. The front home is 3 beds with 1 bath, the four-plex has 3 one bedroom units and 1 two bedroom unit, and the back home offers 2 bedrooms and 1 bath. Please do not disturb the tenants. Buyer to verify any new financing, and any other information deemed of importance.

Last Agent to Sell the Property

Neal Yukolis

My Home Group Real Estate License #SA627357000 Listed on: 03/06/2015

My Home Group Real Estate

Last Buyer's Agent

Ruey Yu

HomeSmart License #SA635582000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1960

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Block Exterior
  • Siding
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 5 Open Parking Spaces
  • 6 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking
  • On-Street Parking

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for gas, trash collection, water, sewer
  • Legal Lot and Block 2 / 88
  • Assessor Parcel Number 139-24-011-E

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Building Dimensions are Irregular
  • Mesa Subdivision

Building Details

  • Operating Expense $8,360
  • Gross Income $37,620
  • Net Operating Income $31,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$781

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Mesa Dr and Broadway
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Subdivision Name: MESA
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, See Remarks, Painted, Stucco, Block, Frame - Wood, Slump Block
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: 1 Space/Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Fuel Expense: 600.0
  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 3000.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: Irregular
  • Additional Parcels: Yes
  • Parcel #: 139-24-011-E

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 6
  • Annual Gross Income: 37620.0
  • Insurance Expense: 2179.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 31240.0
  • Annual Operating Expense: 8360.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 781.0
  • Tax Block: 88
  • Tax Book Number: 139.00
  • Tax Lot: 2
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2015 07/20/15 Sold $217,000 -9.2% $110 / Sq Ft
06/21/2015 06/21/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $239,000 -- $121 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5246828

Arizona Regional Multiple Listing Service (ARMLS)