$820,000 644-652 S Mesa Drive Mesa, AZ

MLS: 6148780   Type: Backup   County: Maricopa   City: Mesa   Zip: 85210     Taxes: $2,019

Mortgage $3,850 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

12

0

0

4,500

0

1971

Great investment cash flow opportunity just south of the light rail. Right off Mesa dr. (Mesa Dr. city is expanding and spending tax dollars on now) Growing area full of potential. Investors who know the value of area and rent increase opportunity this is the chance to get in before rents are increased. One unit has increased rent to $1025 plus tax. All other units can do the same. Average rent right now is $850 each two bedroom one bath with a yard. Most are month to month and rents can be raised now. Property manager is willing to stay on and do this for you.

Elementary School

Middle School

High School

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Price History

10/19/2020 Listed $820,000

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
3 Bedrooms Units: Avg Sqft 0
4 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Sqft 0
Construction Block
Cooling Electric Refrigeratd
Electric City Electric
Features No Pool
Heating Electric
Map Code/Grid R39
Net Income 73800.00
New Financing Conventional, FHA, VA
Owner Pays Sewer, Trash Collection, Water
Parking >1 Space Per Unit, Carport
Property Type F
Public Remarks Great investment cash flow opportunity just south of the light rail. Right off Mesa dr. (Mesa Dr. city is expanding and spending tax dollars on now) Growing area full of potential. Investors who know
Roof Foam, Rolled
School District 004 - Mesa Unified District
Sewer Sewer - Public
Status Active
Tenant Pays Electric, Gas
Water City Franchise
Year Built 1971
Zoning MH

Interior Features

1 Bedroom Units: # 1 Bedroom Units 0
1 Bedroom Units: # Baths 0
1 Bedroom Units: Avg Sqft 0
2 Bedroom Units: # 2 Bedroom Units 6
2 Bedroom Units: # Baths 0
2 Bedroom Units: Avg Sqft 750
3 Bedrooms Units: # 3 Bedroom Units 0
3 Bedrooms Units: # Baths 0
4 Bedrooms Units: # 4 Bedroom Units 0
4 Bedrooms Units: # Baths 0
Appliances Included BI Oven/Range, Refrigerator, W/D Hookup
Floors Ceramic Tile
Gas City Gas
Total Number of Units 6.00

Exterior Features

Const - Finish Painted
Covered Parking Spcs 8.00
Lot Size Dimensions .4
Total Parking Spcs 10.00

Property Schools



Direct Link:

https://www.arizonaspro.com/property/22-6148780-644-652-S-Mesa-Drive-Mesa-AZ-85210

Gallery (40 photos)

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Property vs Zip Code Avg (85210)

Price 820K Avg 330K

Sqr Feet 4,500 Avg 1,772

Cost / Sqr Ft $182 Avg $187

Taxes $2,019 Avg $1,111

Visits 13 Avg 55

Days on Site 35 Avg 39

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Listing Provided Courtesy Of: Synchronicity Realty




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Location & Address

Quantum of Arizonas, REALTORS
34406 N 27th Drive #140
Phoenix, AZ
623-745-2014
623-587-9972