38 W Southern Avenue Unit 3, Mesa, AZ 85210

$500,000

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Sold Price
$500,000
List Price
$510,000
Closing Date
Nov 30, 2023
Days on Market
112
Status
CLOSED
MLS#
6591287
City
Mesa
Subdivision
Beall Park 2
Year Built
1976

Property Description

Great investment opportunity. Three units that are all two bedroom one bath. Also three outside storage closets and laundry. Rental rates in the area are around $1200. Actual rents $900 each. All leases expire on Oct 31,2023. Roof is about 15 years old, Ac's about the same age except for one that was replaced last year. All Units have had the same tenants for almost 20 years. Please do not disturb or talk with the tenants. We have an FHA appraisal for 515,000.

Additional Information

School District
Mesa Unified District
Community Features
No Pool
Construction
Painted, Stucco, Block
Cooling
Heat Pump
Electric
SRP
Flooring
Other, Vinyl
Heating
Heat Pump
New Financing
Conventional, 1031 Exchange
Parking Features
Attached, >1 Space Per Unit, Carport
Roofing
Rolled/Hot Mop
Sewer
Public Sewer
Subdivision
Beall Park 2
Taxes
$755
Tax Year
2022
Units
3
Water
City Franchise
Zoning
RM-4

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of HomeSmart. Selling Office: HomeSmart.

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