NOT LISTED FOR SALE
2 Beds
1 Bath
600 Sq Ft
1986 Built

Last Sold August 23, 2017

Last sale price $253,500 $422 Per Sq Ft

43 Days on Market

Highlights

  • Heated Community Pool
  • Multiple cooling system units
  • Ceiling Fan
  • Franklin at Brimhall Elementary School Rated A
  • Ceramic Tile Flooring
  • Multiple Heating Units

About This Home

As of August 2017

Amazing Rental Opportunity! This Tri-Plex consists of (3) 2 bedroom, 1 bathroom units. The property has been professionally managed and very well taken care of. All units have been updated and have NO deferred or lingering maintenance issues. Newer roof, New ACS, Newer hot water heaters, New toilets and bathroom plumbing, & New paint in all units. Unit #1 has a brand new vanity, new bathroom sink, new ceiling fans, new disposal, and new 2” wood blinds. Unit #2 has a new Delta kitchen faucet with more updates in process. Unit #3 has a new vanity top and new bathroom faucet. Additional opportunity to build a 4th unit where pool currently is OR pool can be brought up to date to increase rental income. Great location only minutes away from Mesa Riverview and close to freeways.

Last Listed By

Emily Duarte

Keller Williams Arizona Realty License #SA565425000 Listed on: 06/09/2017

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,230

Year Built

  • Built in 1986

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Free Parking

Schools

  • Holmes Elementary School
  • Mesa Junior High School
  • Mesa High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water
  • Tax Lot 4
  • Assessor Parcel Number 139-30-086

Community Details

Overview

  • 3 Units
  • Building Dimensions are 169x60
  • Clarkson Manor Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $6,511
  • Gross Income $26,400
  • Net Operating Income $19,889

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,230

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Mesa & Southern
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2016
  • Directions: North on Mesa. Right on 9th Avenue. Tri-Plex will be the 7th building on the right.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwrp001
  • Co List Office Phone: 480-768-9333
  • Subdivision Name: Clarkson Manor
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: 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
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm, Sch of Personal Prop
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Free, Add'l Parking Avail, 1 Space/Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: 2 or More Units, Central A/C, Electric, Ceiling Fan(s)
  • Heating: 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Holmes Elementary School
  • High School: Mesa High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Mesa Junior High School

Lot Info

  • Lot Size: 169x60
  • Additional Parcels: No
  • Parcel #: 139-30-086

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 26400.0
  • Insurance Expense: 600.0
  • Maintenance Expense: 1581.11
  • Property Net Operating Income: 19888.61
  • Annual Operating Expense: 6511.39

Tax Info

  • Tax Annual Amount: 1230.28
  • Tax Book Number: 139.00
  • Tax Lot: 4

Range of Values:

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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
08/23/2017 08/23/17 Sold $253,500 -5.8% $423 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $269,000 +179.5% $448 / Sq Ft
01/13/2012 01/13/12 Sold $96,250 -10.0% $128 / Sq Ft
12/16/2011 12/16/11 Pending -- -- --
09/16/2011 09/16/11 For Sale $106,900 -- $143 / 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: 5617546

Arizona Regional Multiple Listing Service (ARMLS)