NOT LISTED FOR SALE
4 Beds
3 Baths
-- Sq Ft
1958 Built

Sale Details

Date Sold: June 1, 2018

Last sale price $175,000

4 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of June 2018

100% occupied triplex with multiyear tenants all on month-to-month agreements on irrigated lot with shaded courtyard and coin-op laundry on site. Must be sold with adjacent fourplex (551 S Hobson MLS#5752967) due to one water, sewer, trash bill. Excellent opportunity to own 7 units with residential financing. Seller will not make any repairs. Priced accordingly. Owner pays water, sewer, trash. Below market rents.

Last Agent to Sell the Property

Doris Torres

Superb Realty Brokerage Email: kbtracy@cox.net License #BR548578000 Listed on: 04/15/2018

Superb Realty

Last Buyer's Agent

Sophia Baron

Real Broker License #BR648866000

Real Broker
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $718

Year Built

  • Built in 1958

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 25
  • Assessor Parcel Number 139-26-001-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR
  • Lynwood Tract Lots 25 32 Subdivision

Building Details

  • Operating Expense $4,984
  • Gross Income $16,800
  • Net Operating Income $12,539

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$718

Year Built

Built in 1958

Listing Details

  • Cross Street: Broadway & Mesa Drive
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2017
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: LYNWOOD TRACT LOTS 25-32
  • Tax Parcel Letter: A
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Free, Assigned, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Irrigation, Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 987.0
  • Annual Water Sewer Expense: 1800.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 139-26-001-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 16800.0
  • Insurance Expense: 1079.0
  • Maintenance Expense: 400.0
  • Property Net Operating Income: 12539.0
  • Annual Operating Expense: 4984.0

Tax Info

  • Tax Annual Amount: 718.0
  • Tax Book Number: 139.00
  • Tax Lot: 25

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/01/2018 06/01/18 Sold $175,000 -2.7% --
04/19/2018 04/19/18 Pending -- -- --
04/15/2018 04/15/18 For Sale $179,900 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5752965

Arizona Regional Multiple Listing Service (ARMLS)
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