NOT LISTED FOR SALE

5812 E Albany St Unit 1-4 Mesa, AZ 85205

Central Mesa East Neighborhood
6 Beds
4 Baths
1,600 Sq Ft
1982 Built

Sale Details

Date Sold: November 18, 2022

Last sale price $615,000 $384 Per Sq Ft

34 Days on Market

Highlights

  • Heated Spa
  • Clubhouse
  • Shuffleboard Court
  • Franklin at Brimhall Elementary School Rated A
  • Heated Community Pool
  • Central Air

About This Home

As of November 2022

Amazing 4 plex opportunity in East Mesa!!! 4 plex is located in a 55+ community!!! The property has always stayed occupied. Rent roll is attached. Unit was built in 1982 with excellent workmanship. Units are currently fully occupied. Room for rents to increase. Come make this your next investment today!

Last Agent to Sell the Property

Michael Smith

Barrett Real Estate License #BR635584000 Listed on: 09/16/2022

Barrett Real Estate

Co-Listed By

Kathleen Smith

Barrett Real Estate License #BR016430000

Last Buyer's Agent

Nicholas Yale

Brokers Hub Realty, LLC License #BR517934000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $868

Year Built

  • Built in 1982

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Central Air
  • Heat Pump System
  • Electricity Not Available

Additional Features

  • Ceiling Fan
  • Heated Spa

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 141-49-405-E

Community Details

Overview

  • 4 Units
  • Building Dimensions are .25 ACRES
  • Dreamland Villa 14 Subdivision

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Shuffleboard Court
  • Heated Community Pool
  • Community Spa

Building Details

  • Operating Expense $8,868
  • Gross Income $44,064
  • Net Operating Income $35,196

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$868

Year Built

Built in 1982

Listing Details

  • Cross Street: RECKER AND MAIN ST
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: X
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: barr001
  • Co List Office Phone: 480-967-1333
  • Subdivision Name: DREAMLAND VILLA 14
  • Tax Parcel Letter: E
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, None
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Shuffle Brd/Lawn Bwl, Game/Rec Room, Clubhouse, Heated Spa(s), Spa(s), Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Clubhouse: Yes
  • Community Amenities:GameRec Room: Yes
  • Community Amenities:Heated Spa(s): Yes
  • Community Amenities:Shuffle BrdLawn Bwl: Yes

Fee Information

  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Adult
  • High School: Adult
  • Middle Or Junior School: Adult

Lot Info

  • Lot Size: .25 ACRES
  • Additional Parcels: No
  • Parcel #: 141-49-405-E

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 44064.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 35196.0
  • Annual Operating Expense: 8868.0

Tax Info

  • Tax Annual Amount: 868.0
  • Tax Book Number: 141.00
  • Tax Lot: 0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
11/18/2022 11/18/22 Sold $615,000 -5.4% $384 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/18/2022 10/18/22 Price Changed $650,000 -7.1% $406 / Sq Ft
10/07/2022 10/07/22 Price Changed $700,000 -6.7% $438 / Sq Ft
09/16/2022 09/16/22 For Sale $750,000 -- $469 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • Michael Smith

    Seller's Agent in 2022

    Michael Smith

    Barrett Real Estate

    (480) 694-2564

    5 in this area

    175 Total Sales

    Michael Smith
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kathleen Smith

    Barrett Real Estate

    (480) 967-1333

    3 in this area

    58 Total Sales

    Kathleen Smith
    Section Image
  • Nicholas Yale

    Buyer's Agent in 2022

    Nicholas Yale

    Brokers Hub Realty, LLC

    (480) 620-8075

    2 in this area

    171 Total Sales

    Nicholas Yale
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6464883

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Mesa 85205 Central Mesa East

5812 E Albany St Unit 1-4, Mesa, AZ

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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