434 W University Drive, Mesa, AZ 85201

$880,000
List Price
$880,000
Status
PENDING
Days on Market
47
MLS#
6422852
City
Mesa
Lot Size
4
Year Built
1958

Property Description

A nicely renovated 4plex located just south of Mesa Country Club. The property is very clean and stabilized. The interior of all units have been renovated, washer and dryer for each unit, private storage units, and a carport. The property is fully occupied with year long leases and high quality tenants.

Additional Information

Gross Annual Sch Inc
59640
Adjusted Gross Inc
59640
Taxes
$1,306
Annual Ins Exp
900
Annual Maint Exp
600
Annual Water Sewer Exp
1800
Annual Landscape Exp
720
Operating Exp
5326
Net Operating Income
$51,614
Units
4
Project Type
Four Plex
Construction
Block
Roofing
Comp Shingle
Parking
>1 Space Per Unit, Carport
Cooling
Ceiling Fan(s), Electric, Individual
Heating
Electric, Individual
Floors
Ceramic Tile
Exterior Amenities
Desert Landscaping, Separate Storage
Zoning
RM-4
Community Amenities
No Pool
Electric
Individual Meter, SRP
Gas
None
Water
City Franchise
Sewer
Sewer - Public
Tenant Pays
Electric
New Financing
1031 Exchange, Conventional
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 Orion Investment Real Estate.

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.