$166,000
Mesa, AZ 85204
MLS# 5359466
Status: Closed
1 / 1
Property Description
100% OCCUPIED SOME LONG TERM TENNANTS. TILE FLOORING THROUGHOUT. AC UNITS ABOUT 4-5 YERS OLD. NEW ROOF $18000 ABOUT 9 YEARS AGO. THIS IS A GREAT PRICE FOR A 4-PLEX.Very nice park across the street.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $166,000
Sold Price: $166,000
Status: Closed
List Date: 2015-11-05
Location, Tax & Legal
Building Number: 1
Assessor's Map #: 13
Assessor's Parcel #: 165
Add'l Parcels: No
Tax Municipality: Mesa
Taxes: 981
Legal: MESA HOMES 2 REPLATTED SEC.24,TN1N,RANGE 5E,LOT 154
Marketing Name: NONE
Map Code/Grid: R39
House Number: 1532
Compass: E
Street Name: BROADWAY
St Suffix: Road
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85204
County Code: Maricopa
Assessor Number: 138-13-165
Tax Year: 2015
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 10,880 SQ. FT.
Total # of Units: 4
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Longview Elementary School
Jr. High School: Mesa Junior High School
High School: Mesa High School
Year Built: 1962
Zoning: C-3
Project Type
Four Plex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 800
Annual Land Lse Exp: 0
Annual Landscape Exp: 600
Annual Legal & Acctg: 0
Annual Maint Exp: 1000
Annual Mgmt Exp: 0
Annual Trash Exp: 1300
Annual Wtr/Swr Exp: 2350
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 981
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 25650
Total Monthly Rental Income: 27000
Pmt & Rate Info
Cap Rate: 10
Down Payment: 0
Equity: 199900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Community Features
No Pool: 1
Heating
Electric: 1
Central: 1
Other: 1
See Remarks: 1
Cooling
Central Air: 1
Electric: 1
Window/Wall Unit: 1
Exterior Amenities
Partially Fenced: 1
Curb(s) & Gutter(s): 1
Sidewalk(s): 1
Interior Features
Unfurnished: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Access Type
Dedicated Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Carport: 1
<1 Space Per Unit: 1
Paved: 1
Add'l Parking Avail: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Conventional: 1
1031 Exchange: 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
# Efficiency Units: 1
Avg Rent: 350
Avg SqFt: 400
# Baths: 1
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1900
Avg SqFt: 800
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: BROADWAY, NEAR STAPLEY
Directions: EAST ON BROADWAY ROAD PROPERTY IS ON THE NORTH SIDE.
Geo Lat: 33.408335
Geo Lon: -111.797956
Status Change Info
Off Market Date: 2015-12-03
Under Contract Date: 2015-11-16
Close of Escrow Date: 2015-12-30
Sold Price: $166,000
Legal Info
Lot Number: 154
Income Expenses
Gross Annual Sch Inc: 27000
Net Operating Income: 19996
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Partially Fenced; Curb(s) & Gutter(s); Sidewalk(s)
Interior Features: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator; W/D Hookup
Heating: Central; Other; See Remarks
Cooling: Electric; Window/Wall Unit; Central Air
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP
Gas: None
Parking Features: Carport; <1 Space Per Unit; Add'l Parking Avail; Paved
Road Access Type: Dedicated Street
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Existing 1st Loan: Conventional
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; 1031 Exchange
Environmental: None
Listing Office: Lost Dutchman Realty
Last Updated: April - 22 - 2026
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