936 W 8TH Street

    Mesa, AZ 85201
    • $315,000
    • STATUS: Active Under Contract
    • ON SITE: 23 days
    • MLS #: 5773657
    Under Contract
    UPDATED: 56 min ago
    $315,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    4 plex for sale on Tempe/Mesa border. Great location across from Westwood HS and approximately 2 miles from Downtown Mesa; 1.2 miles from Riverview Mesa; 3.5 miles from Tempe Marketplace; 4.3 miles from ASU/Tempe. Great Mix: One-3/2.5; One-3/1; One-2/1; One-1/1. Rents are stable with long term tenants, but could be increased. Original property was a small single family, owner lived there and added on (with permits) over the years, it's been used as a four plex since the 1980s. Private yards, washer/dryer hook-ups in each unit, ALL individually metered for water and electric and gas, covered parking, 3 A/C units are new within the last 3-6 years, 3 new water heaters with in last 4 years. Buyer could make upgrades or run exactly as is! Buyer to verify all facts and figures.

    Monthly Payment Calculator

    © 2018 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Arizona 1 Real Estate Team at My Home Group. Data last updated 2018-06-24T21:14:59.46.
    www.arizona1mls.com/homes/84131111

    936 W 8TH Street Mesa, AZ 85201

    • Price: $315,000
    • Status: Active Under Contract
    • Updated: 56 min ago
    • MLS #: 5773657
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1961
    Built
    County:
    Maricopa
    Area:
    Mesa
    School District:
    004 - Mesa Unified District
    Property Description
    4 plex for sale on Tempe/Mesa border. Great location across from Westwood HS and approximately 2 miles from Downtown Mesa; 1.2 miles from Riverview Mesa; 3.5 miles from Tempe Marketplace; 4.3 miles from ASU/Tempe. Great Mix: One-3/2.5; One-3/1; One-2/1; One-1/1. Rents are stable with long term tenants, but could be increased. Original property was a small single family, owner lived there and added on (with permits) over the years, it's been used as a four plex since the 1980s. Private yards, washer/dryer hook-ups in each unit, ALL individually metered for water and electric and gas, covered parking, 3 A/C units are new within the last 3-6 years, 3 new water heaters with in last 4 years. Buyer could make upgrades or run exactly as is! Buyer to verify all facts and figures.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 5.00 Lot Size Dimensions 140X103 Parking 1 Space/UnitAdd'l Parking AvailCarport Roads Asphalt/BlacktopSidewalk(S)Curb(S) & Gutter(S) Roofing Comp Shingle Total Parking Spaces 8.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 600 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 600 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 2100 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeW/D HookupRefrigerator Cooling Central A/CElectric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Other (See Remarks) Heating ElectricOther (See Remarks)

    Property Features

    1 Bedroom Unit Avg Rent 400.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 500.00 2 Bedroom Units 1 3 Bedroom Unit Avg Rent 850.00 3 Bedroom Units 2 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 48640800.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1250.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 4800.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Auction No Community Amenities No Pool Cross Street Rio Salado/Alma School Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual MeterSrp Gas Other (See Remarks) Gross Annual Sch Inc 31200.00 Hoa YN No Net Operating Income 19197.00 New Financing ConventionalNo Carry Operating Exp 7479.00 Other Income 0.00 Owner Pays None Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Maricopa - County Taxes 1429.00 Tenant Pays WaterOther (See Remarks)TrashElectricSewer Totl Mnth Rntal Inc 2600.00 UCB Ucb (Under Contract-Backups) Vacancy Allowance 1560.00 Water City FranchiseIndividual Meter Zoning Rm-3

    Listing courtesy of S. J. Fowler Real Estate Inc..
    © 2018 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Arizona 1 Real Estate Team at My Home Group. Data last updated 2018-06-24T21:14:59.46.
     
    Arizona 1 Real Estate Team at My Home Group
    4921 S. Alma School Rd
    Chandler AZ, 85248