Photo 1 of 1
$799,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 8 |
4.00 |
0 |
$1,440 |
1984 |
|
On the market:
0 days
|
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Turnkey investment opportunity in Mesa! NO HOA!!! This fully occupied fourplex generates $5,750/month ($69,000/year) in gross rental income. Long term tenants in place that are willing to renew lease--providing immediate, stable cash flow from day one. Two units have been fully remodeled, and all four feature newer HVAC systems, helping minimize near-term capital expenses. Current rents are $1,550, $1,450, $1,450, and $1,300/month. The two remaining units offer future value-add potential through renovations and rent growth. A great opportunity for investors seeking an income-producing multifamily property with established tenants, strong rents, and upside potential. Please do not disturb tenants.
Listing courtesy of Samira Jafari, Realty ONE Group