Photo 1 of 1
$479,000
Sold on 10/01/19
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$1,857 |
1984 |
|
On the market:
36 days
|
View full details, photos, school info, and price history
This is a TURN KEY Fully Occupied 4 Plex in Mesa AZ!! This Building Has (4) NEW AC UNITS Installed in July of 2019; (3) NEW Water Heaters in July 2019 (4th one is 1.50 years old); NEW EXTERIOR PAINT in July 2019!! Rents are $850 (#101); $850 (#102); $875 (#201) & $725 (#202). All Tenants Are On Current Leases and All of the Units are in Great Condition (see pictures)!! Our Lowest Unit Rent is #202 and the Lease Expires On 11/30/19. This Unit Could Easily Be Increased by $100.00. If This Tenant Moves, It Could Be Re-Rented at $825 with Only Minor Repairs or Rented at $900 with Upgrades! Great Building with Great Tenants Make This an EXCEPTIONAL INVESTMENT!! Rents in the Phoenix Metro Area Increased by Over 8% in 2019! Still Have Upside Increases for ALL Four Units When Leases Are Up!!
Listing courtesy of Bruce Duckett, Duckett Management & Real Estate