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434 N Hill

Mesa, AZ 85203
  • $1,750,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 6314937
$1,750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Ratings & Info

School District:

Description

Come see this great 12-unit, that could easily become 13-unit, property in the booming Mesa market! This stabilized property is one with value-add opportunities through interior and exterior renovations, and is sure to be cash cow for it's next owner! Most recent one bedroom unit just leased at $1,000/mo. Market rent for the 2-bedroom units are $1,150/mo. Drive By Only! Do Not Disturb Tenants! Contact agent for more information.

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© 2021 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 Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2021-11-28T00:12:11.81.
www.yournextphoenixhome.com/homes/122933233
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434 N Hill Mesa, AZ 85203

  • Price: $1,750,000
  • Status: Active
  • On Site: 26 Days
  • MLS #: 6314937
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1963
Built
Neighborhood:
Ko Ko Palms
County:
Maricopa
Area:
Mesa
School District:
004 - Mesa Unified District
Property Description
Come see this great 12-unit, that could easily become 13-unit, property in the booming Mesa market! This stabilized property is one with value-add opportunities through interior and exterior renovations, and is sure to be cash cow for it's next owner! Most recent one bedroom unit just leased at $1,000/mo. Market rent for the 2-bedroom units are $1,150/mo. Drive By Only! Do Not Disturb Tenants! Contact agent for more information.
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 4.00 Lot Size Dimensions Unknown Parking <1 Space Per UnitStreet Parking Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 500 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 918 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigerator Cooling Electric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Electric

Property Features

1 Bedroom Unit Avg Rent 950.00 1 Bedroom Units 7 2 Bedroom Unit Avg Rent 1050.00 2 Bedroom Units 5 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 144210.00 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Cross Street Stapley Dr And University Dr Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas City Gas Gross Annual Sch Inc 151800.00 Hoa YN No Net Operating Income 20000.00 New Financing Ctl Operating Exp 2075.00 Other Income 0.00 Owner Pays ElectricGasSewerWater Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Mesa Taxes 2075.00 Tenant Pays ElectricOther (See Remarks) Vacancy Allowance 0.05 Water City Franchise Zoning Rm-3

Listing courtesy of Abi Multifamily.


© 2021 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 Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2021-11-28T00:12:11.81.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E. Baseline Rd.
Mesa AZ, 85206