Photo 1 of 1
$245,000
Sold on 5/12/16
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$1,316 |
1986 |
|
On the market:
117 days
|
View full details, photos, school info, and price history
Back on the market Mesa 4plex with strong rents and an estimated 7.5 CAP! Property appraised, but buyer had qualifying issues. This will go quickly as it is well-maintained with all 2 bedroom units. Separate electric with 4 A/C units. Rarely a vacancy. Rents are $600/$600/$595/$585 and can be increased. M-T-M leases. The exterior has a tile roof, 1 story, and carport. Each unit has a washer/dryer, dishwasher, disposal, refrigerator, stove and all tile floors. The back unit has a large fenced backyard and all units have fenced yards. Local owner planning to retire. Expenses are projected at 35% of effective gross income, providing a current 7.5 CAP. Buyer to conduct and rely on own due diligence. Property sold ''as-is.'' 100% occupancy.
Listing courtesy of James Stephens