1500 E Dana Ave., Mesa, AZ 85204

1500 E Dana Ave., Mesa, AZ 85204
Photo 1 of 1
$905,000
Sold on 12/31/20
Beds Baths Sq. Ft. Taxes Built
0.00 0 $1,739 1968
On the market: 37 days
View full details, photos, school info, and price history
List price now includes 7 rental units on just over an acre. Two parcels included, 138-11-036 is .634 acre with 7 units and 138-11-038 is .43 acre that adds potential to build more units. This complex has stable tenants & is in a great location near Mesa development & new Light rail 1/4 mile away. There is a 2 bedroom house, 3 units with 2 bedrooms, 1 studio, 1 larger 1 bedroom unit & a completely updated 3 bedroom, 2 bath unit. Single level units make for lower maintenance & easy renting. These units are always rented & highly sought after. Numbers are based on actual rent with room for increase. Cap rate is at about 6% before price for land. Parcel 138-11-038, MLS #6164276 is grass to the west and MUST BE PURCHASED TOGETHER, but included in price. Drive by only. Please do not disturb
Listing courtesy of Autumn Mortensen, DeLex Realty