1402 E Dana Avenue, Mesa, AZ 85204

$2,190,000
List Price
$2,190,000
Status
ACTIVE
Days on Market
193
MLS#
6561501
City
Mesa
Lot Size
6
Year Built
1966

Property Description

Rare investment opportunity to own 3 duplexes and 2 single-family homes near Downtown Mesa. All single-story slump block construction, individually metered for electricity and gas. All 3 duplexes consist of 2 bedroom, 1 bath units w/ private front/back yards, washer/dryer hookups. Each of the two houses are 3 bedrooms, 2 bath layouts w/attached garage, private front and back yards. Sale includes two parcels 138-09-060E & 138-09-059A (one single-family home on its own parcel). Substantial upgrades made throughout the property in recent years: 5 of the 6 duplex units have new A/Cs, both of the single family homes have new A/Cs all w/transferrable warranties. One single family homes has a new roof, replaced in 2022 w/ transferrable warranty. Second home will have new roof by end of year 2023

Additional Information

Gross Annual Sch Inc
89100
Adjusted Gross Inc
84645
Taxes
$3,139
Annual Ins Exp
3133
Annual Water Sewer Exp
6085
Operating Exp
12358
Net Operating Income
$83,014
Units
8
Project Type
5 - 12 Units, Duplex
Construction
Block
Roofing
Comp Shingle
Parking
1 Space/Unit, Attached, Carport, Garage, Street Parking
Cooling
Ceiling Fan(s), Central A/C, Individual
Heating
Central, Individual
Floors
Ceramic Tile
Interior Amenities
Fire/Smoke Alarm(s), Mini Blinds
Exterior Amenities
Cable TV Available, Desert Landscaping, Fenced, Guard Gate, Patio/Balcony
Zoning
RM-2
Subdivision
La Zona Acres Lots 1 Thru 14 26 Thru 29 32 Thru 37 Tracts A & B
Community Amenities
No Pool
Electric
SRP
Gas
City Gas, Individual Meter
Water
City Franchise
Sewer
Sewer - Public
Tenant Pays
Cable TV, Electric, Gas, Landscaping, Sewer, Trash
New Financing
1031 Exchange, Conventional, CTL, FHA, No Carry, VA
School District
Mesa Unified District

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of HomeSmart.

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