20 W University Drive, Mesa, AZ 85201
- $385,000
- List Price
- $385,000
- Status
- ACTIVE
- Price Change
- ▼ $25,000 1694149952
- Days on Market
- 183
- MLS#
- 6565187
- City
- Mesa
- Year Built
- 1953
Property Description
Great opportunity! Two spacious 1-bedroom, 1 bathroom units with long-term tenants. Tenant pays ALL utilities. In-unit laundry and large storage room for each unit. Separate private backyards spaces. Front unit has updated kitchen cabinets and dual pane windows. Value-add opportunity as rents are below market. Conveniently located to Downtown Mesa, Light rail and public transit. Includes parcels 137-26-045-K and 137-26-045-J.
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Additional Information
- Gross Annual Sch Inc
- 17500
- Adjusted Gross Inc
- 17500
- Taxes
- $686
- Operating Exp
- 686
- Net Operating Income
- $15,470
- Units
- 2
- Project Type
- Duplex
- Construction
- Block
- Roofing
- Comp Shingle
- Parking
- >1 Space Per Unit
- Cooling
- Ceiling Fan(s), Electric
- Heating
- Electric
- Floors
- Ceramic Tile
- Exterior Amenities
- Fenced, Separate Storage
- Zoning
- DB-1
- Subdivision
- Mesa Arizona
- Community Amenities
- No Pool
- Electric
- SRP
- Gas
- None
- Water
- City Franchise
- Sewer
- Sewer - Public
- Tenant Pays
- Cable TV, Electric
- New Financing
- 1031 Exchange, Conventional, VA
- School District
- Mesa Unified District
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Listing courtesy of Dave Johnson Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.