556 S Udall --, Mesa, AZ 85204

$390,000
Sold Price
$390,000
List Price
$395,000
Status
CLOSED
Closing Date
Feb 18, 2022
Days on Market
64
MLS#
6332411
City
Mesa
Year Built
1985

Property Description

Instant cash flow with long term tenants in place. Leases in place until June 2022 at $1050/month per unit. Each unit is 2 bed/1 bath with a newer roof and newer AC units (one unit is brand new) as well as new dual pane windows/sliding glass doors. This area of Mesa is booming right now and rental rates are continuing to increase.

Additional Information

Gross Annual Sch Inc
25200
Adjusted Gross Inc
23940
Taxes
$884
Annual Ins Exp
663
Annual Water Sewer Exp
2700
Operating Exp
4247
Net Operating Income
$23,940
Units
2
Project Type
Duplex
Construction
Block
Roofing
Comp Shingle
Parking
<1 Space Per Unit, Free
Cooling
Heat Pump
Heating
Electric
Floors
Ceramic Tile
Interior Amenities
Unfurnished
Zoning
M-H
Subdivision
Haws Replat
Community Amenities
No Pool
Electric
City Electric, Individual Meter
Gas
None
Water
City Franchise
Sewer
Sewer - Public
Tenant Pays
Cable TV, Electric, Landscaping
New Financing
Conventional, No Carry
Elementary School
Lowell Elementary School - Mesa
Middle School
Mesa Junior High School
High School
Mesa High School
School District
004 - Mesa Unified District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Four Peaks Brokerage Company. Selling Office: Keller Williams Integrity First.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved.