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Key Details
Sold Price $700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Hibbert-Allen Acres Lots 1-4
MLS Listing ID 6569218
Sold Date 08/23/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1981
Annual Tax Amount $1,421
Tax Year 2022
Lot Dimensions 125'x80'
Property Description
Cash Flowing 4-Plex in Mesa, Arizona - Excellent Investment Opportunity! This property presents an outstanding chance for investors seeking a lucrative income stream. With its ideal location, attractive unit configuration, and strong rental history, this 4-plex is an exceptional addition to any real estate portfolio. Property Features: Each unit offers 2 bedrooms and 1 bathroom; Tenants are responsible for electricity expenses; All units are currently occupied by long-term tenants, ensuring stable cash flow from day one; Rental rates are at or above market levels, reflecting the high demand for housing in the area. Whether you're a seasoned or a first-time investor, Don't miss out on this exceptional investment opportunity!
Location
State AZ
County Maricopa
Community Hibbert-Allen Acres Lots 1-4
Zoning RM-4
Direction Head north on Stapley. Turn right on E. Dana Ave. Next turn right on S. Doran. Property will be ahead on your right.
Interior
Heating Electric
Cooling Electric
Appliance Disposal, FS OvenRange, Refrigerator, WD Hookup
Exterior
Garage Add'l Parking Avail, >1 Space Per Unit
Community Features Other, No Pool
Waterfront No
Roof Type Composition,Built-Up
Parking Type Add'l Parking Avail, >1 Space Per Unit
Total Parking Spaces 16
Building
Sewer Public Sewer
Water City Franchise
Schools
Elementary Schools Longfellow Elementary School
Middle Schools Poston Junior High School
High Schools Mesa High School
School District Mesa Unified District
Others
Senior Community No
Tax ID 138-14-012-D
Acceptable Financing Conventional, VA Loan
Listing Terms Conventional, VA Loan
Financing Other
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Bought with Keller Williams Realty Phoenix
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