NOT LISTED FOR SALE

44 S Williams Unit 5-8 Mesa, AZ 85204

Reed Park Neighborhood
8 Beds
4 Baths
789 Sq Ft
1983 Built

Last Sold April 27, 2015

Last sale price $177,000 $224 Per Sq Ft

16 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of April 2015

**AMAZING INVESTMENT OPPORTUNITY!** VERY NICE 4 PLEX, ALL UNITS FULLY OCCUPIED. GROSS RENTS TOTAL JUST UNDER $2,000 PER MONTH! AVG CURRENT RENT IS $500.00 MONTHLY, MOST ARE LONG TERM TENANTS THAT HAVE BEEN IN OVER A YEAR. EACH UNIT IS A NICE 2 BEDROOM 1 BATH, JUST UNDER 800SQFT EACH. ALL 4 UNITS HAVE A SEPARATE FENCED BACK YARD WITH BACK DOOR ACCESS. INSIDE LAUNDRY ROOM AS WELL. THIS IS AN AMAZING OPPORTUNITY TO PURCHASE AN INVESTMENT PROPERTY AT UNDER $180K THAT GROSSES JUST SHY OF $2K MONTHLY. DON'T MISS THIS OPPORTUNITY, SELLERS LOOKING TO CLOSE QUICKLY, IT IS PRICED ACCORDINGLY!

Last Listed By

Paul Pietrzak

Arizona Haciendas Real Estate Co. License #BR638953000 Listed on: 03/10/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,114

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, landscaping
  • Assessor Parcel Number 138-12-171-R

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9017

Building Details

  • Operating Expense $8,114
  • Gross Income $22,412
  • Net Operating Income $15,412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,114

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: GILBERT AND MAIN ST.
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2014
  • Directions: TRAVELING WEST ON MAIN STREET, TURN SOUTH ONTO WILLIAMS. PROPERTY WILL BE ON THE LEFT. UNIT NUMBER 5-8.
  • Road Surface Type: Asphalt
  • Subdivision Name: UNKNOWN
  • Tax Parcel Letter: R
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 9017
  • Additional Parcels: No
  • Parcel #: 138-12-171-R

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 22412.4
  • Insurance Expense: 1000.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 15412.4
  • Annual Operating Expense: 8114.38
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1114.38
  • Tax Book Number: 138.00
  • Tax Lot: 0

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
04/27/2015 04/27/15 Sold $177,000 -1.6% $224 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $179,900 -- $228 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Paul Pietrzak

    Arizona Haciendas Real Estate Co.

    (480) 988-1020

    35 Total Sales

    Paul Pietrzak
    Section Image

  • J

    Buyer's Agent in 2015

    Jennifer Utter

    HomeSmart

    (480) 710-8486

    2 in this area

    9 Total Sales

    Jennifer Utter
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5248169

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Mesa 85204 Reed Park

44 S Williams Unit 5-8, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 44 S Williams Unit 5-8, Mesa, AZ 85204 since 10 March 2015. This property was built in 1983. 44 S Williams Unit 5-8 is a home located in Maricopa County with nearby schools including Longfellow Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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