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Rich Brecklin

rich@arizonalife.net +1(480) 660-3460

$717,500

Est. payment - /mo

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7012894

Year Built 1984

Annual Tax Amount $1,533

Tax Year 2025

Lot Dimensions Irregular

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

**WELL-MAINTAINED, TURN-KEY** 4-Plex with NO HOA is located in a HIGH-DEMAND, QUITE Mesa neighborhood~The property is PROFESSIONALLY-MANAGED, has LONG-TERM Tenants, resulting in LOW vacancy-rates and REDUCED operating-expenses~ALL (4) units are 2 bed/1 bath, and are individually-metered for electricity~LINEAR parking provides, TWO vehicle-spaces per unit~The ground-floor units include PRIVATE-ENCLOSED yard-areas, two units are FULLY-REMODELED and the other two are UPDATED~The property location offers Tenants a suburban-feel with convenient access to modern amenities such as - Mesa Riverview, Mesa Grand , Superstition Springs and Tempe Marketplace - Westwood High School, Mesa Community College and ASU - Tempe Campus are also nearby~ 101 and 202 interchange, Phoenix Sky Harbor, Mesa Gateway airports, are all close, for easy commuting and traveling~Long-term Tenants have rents "relatively below-market," creating a potential opportunity for value-enhancement in a submarket where renovated and updated units are leasing for OVER $1,375 to $1,500

Location

State AZ

County Maricopa

Area Maricopa

Zoning RM-3

Direction West on 8th Street to Date and turn Right to Cherry

Interior

Heating Heat Pump, Electric

Cooling Central Air, Ceiling Fan(s), Electric, Individual

Flooring Carpet

Appliance Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer, W/D Hookup

Exterior

Exterior Feature Sidewalk(s)

Parking Features Free, >1 Space Per Unit

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water Master Meter, City Franchise

Structure Type Sidewalk(s)

New Construction No

Schools

Elementary Schools Emerson Elementary School

Middle Schools Taylor Junior High School

High Schools Westwood High School

School District Mesa Unified District

Others

Senior Community No

Tax ID 135-17-008-H

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Disclosures Seller Prop Disc Stm

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

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Listed by CTS Realty • Sherry A McQueen

NEARBY SCHOOL & BUSINESS

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Rich Brecklin

+1(480) 660-3460

Agent

834 N CHERRY -- #1 Mesa, AZ 85201

Rich Brecklin

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION