$660,000
$650,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/31/2022
Key Details
Sold Price $660,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Victoria Manor
MLS Listing ID 6351596
Sold Date 03/31/22
Maintenance Fees $1,500
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1986
Annual Tax Amount $1,295
Tax Year 2021
Lot Dimensions 2817
Property Description
Excellent investment property in Victoria Manor with good cash flow. I have owned this unit for 10 years and occupancy has been very high. Four 2 Bedroom/1 Bath units. Fully occupied, tenants pay for their own electricity. Community laundry and plenty of parking. New shingle roof installed March 2019 Parking lot recently resurfaced and repaired covered parking. These units are in high demand being just steps away from the light rail station. The light rail provides easy access to the Airport, Mesa, Tempe Phoenix, Arizona State University and much more. Complex is close to MCC, Tempe Market Place, Mesa RiverView and easy access to the 101 Freeway. Community laundry. Please do not disturb the tenants. Current gross income $4078
Location
State AZ
County Maricopa
Community Victoria Manor
Zoning M-H
Interior
Heating Electric
Cooling Central A/C, Electric
Appliance Dishwasher, Disposal, Refrigerator, Microwave, BI OvenRange, WasherDryer
Exterior
Garage Assigned
Community Features Play Area, No Pool
Waterfront No
Roof Type Composition
Parking Type Assigned
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise, Individual Meter
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 135-45-127
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
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