$520,620
Mesa, AZ 85204
MLS# 6460147
Status: Closed
1 / 8
Property Description
Back on the market, buyer could not perform. REDUCED TO SELL RIGHT NOW! This is a great opportunity to purchase a recently remodeled, ''turn-key'' investment property. Perfect for any investor, this fourplex is in the heart of Mesa, conveniently located near colleges, hospitals, amusement parks, shopping centers, and freeways 60 and 87. All units have new bathrooms and kitchens with granite and shaker cabinets. Several units have updated or new flooring, plumbing, electrical, AC units, water heaters, and roofs. Units are individually metered for electric, and the property has no HOA. Each unit also has its own private yard.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $520,620
Sold Price: $520,620
Status: Closed
List Date: 2022-09-06
Location, Tax & Legal
Assessor's Map #: 26
Legal Description (Abbrev): LOT 3 KATHLEEN MANOR MCR 008404
Assessor's Parcel #: 118
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 421902
Taxes: 1083
Legal: LOT 3 KATHLEEN MANOR MCR 008404
Marketing Name: Updated Mesa Fourplex
Map Code/Grid: R39
House Number: 609
Compass: S
Street Name: BELLVIEW
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85204
Zip4: 2534
County Code: Maricopa
Subdivision: KATHLEEN MANOR
Assessor Number: 139-26-118
Tax Year: 2021
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 0
Total # of Units: 4
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Lowell Elementary School
Jr. High School: Kino Junior High School
High School: Mesa High School
Year Built: 1961
Zoning: M-M
Legal Info
Range: 5E
Section: 26
Township: 1N
Lot Number: 3
Project Type
Four Plex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1083
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 40800
Pmt & Rate Info
Equity: 599000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Individual: 1
Cooling
Individual: 1
Exterior Amenities
Desert Landscaping: 1
Interior Features
Unfurnished: 1
Tenant Pays
Other (See Remarks): 1
Appliances Included
Other: 1
Road Surface Type
Concrete: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
Other: 1
See Remarks: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Electric
Other (See Remarks): 1
Gas
Other (See Remarks): 1
Owner Pays
Other: 1
See Remarks: 1
New Financing
Conventional: 1
FHA: 1
1031 Exchange: 1
Special
REO Property: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 850
Avg SqFt: 531
# Baths: 4
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: VA
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 3
Seller Concession $/%: %
Remarks Misc
Cross Street: Broadway and Mesa Drive
Directions: Head west on Broadway Rd, Turn left onto Bellview. Property will be on the left.
Geo Lat: 33.403962
Geo Lon: -111.814959
Status Change Info
Off Market Date: 2023-01-07
Under Contract Date: 2022-11-18
Close of Escrow Date: 2023-01-11
Sold Price: $520,620
Income Expenses
Gross Annual Sch Inc: 40800
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Other
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Interior Features: Unfurnished
Appliances Included: Other
Heating: Individual
Cooling: Individual
Water Source: Other; See Remarks
Sewer: Sewer - Public
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Parking Features: Free
Road Surface Type: Concrete
Owner Pays: Other; See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Other (See Remarks)
Special: REO Property
Showing Notification Methods: Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: Silverhawk Realty
Last Updated: March - 18 - 2024
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
You must be logged in to post a comment.