303 N Lesueur Street, Mesa, AZ 85203

$540,000
Sold Price
$540,000
List Price
$550,000
Status
CLOSED
Closing Date
Jun 09, 2022
Days on Market
77
MLS#
6372563
City
Mesa
Lot Size
3
Year Built
1962

Property Description

Well-maintained Triplex in the heart of Mesa. Value add opportunity. All units are 2br/1ba at $900/mo. All 3 leases expire 7/31/2022. Plenty of room to raise to $1100+ market rents. Showings in escrow only-100% occupied. Do not disturb tenants. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction.

Additional Information

Gross Annual Sch Inc
32400
Adjusted Gross Inc
32400
Taxes
$1,123
Annual Ins Exp
1036
Annual Water Sewer Exp
2400
Annual Landscape Exp
960
Operating Exp
5519
Net Operating Income
$26,881
Units
3
Project Type
Tri-Plex
Construction
Block, Frame - Wood
Roofing
Foam
Parking
>1 Space Per Unit, Assigned, Carport, Street Parking
Cooling
Ceiling Fan(s), Central A/C, Electric, Heat Pump
Heating
Electric, Heat Pump
Floors
Carpet, Ceramic Tile
Interior Amenities
Fire/Smoke Alarm(s), Unfurnished
Exterior Amenities
Green Landscaping, Partially Fenced, Patio/Balcony
Zoning
M-H MultiFamily
Subdivision
Ferrin Homes
Community Amenities
No Pool
Electric
Individual Meter, SRP
Gas
None
Water
City Franchise, Master Meter
Sewer
Sewer - Public
Tenant Pays
Electric
New Financing
1031 Exchange, Conventional, CTL, VA
Elementary School
Edison Elementary School
Middle School
Kino Junior High School
High School
Westwood 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 My Home Group Real Estate. Selling Office: True Home Realty.

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.