546 S Mesa Drive, Mesa, AZ 85210

$499,000
List Price
$499,000
Status
ACTIVE
Price Change
▼ $16,000 1699000275
Days on Market
177
MLS#
6567664
City
Mesa
Year Built
1945

Property Description

Investor's Dream: Mesa's Most Affordable Tri-PlexUncover boundless potential in this exceptional Mesa tri-plex, a prime investment opportunity that's sure to turn heads at the current list price. Unmatched Value: Current rents are substantially below market rates, offering immediate income growth possibilities. A strategic rental adjustment could significantly enhance your ROI.RM2 Zoning providing flexibility for diverse investment strategies. The front building, originally designed as a home with a basement, serves as a solid foundation for your investment objectives. The rear unit boasts a spacious warehouse/garage space, complete with an extra bathroom, amplifying the properties value proposition.

Additional Information

Gross Annual Sch Inc
36600
Adjusted Gross Inc
34770
Taxes
$1,868
Annual Ins Exp
1800
Annual Water Sewer Exp
5000
Operating Exp
8668
Net Operating Income
$27,970
Units
3
Project Type
Tri-Plex
Construction
Block, Frame - Wood
Roofing
Comp Shingle, Rolled
Parking
<1 Space Per Unit
Cooling
Ceiling Fan(s), Central A/C, Electric, Heat Pump, Individual, Other, Window/Wall Unit
Heating
Central, Heat Pump, Other, Window/Wall Unit(s)
Floors
Ceramic Tile, Vinyl, Wood
Interior Amenities
Fire/Smoke Alarm(s)
Exterior Amenities
Fenced, RV/Boat Parking
Zoning
RM2
Subdivision
Almond Place
Community Amenities
Other, See Remarks
Electric
City Electric
Gas
None
Water
City Franchise, Master Meter
Sewer
Sewer - Public
Tenant Pays
Electric
New Financing
1031 Exchange, Conventional
Elementary School
Lincoln Elementary School
Middle School
Kino Junior High School
High School
Mesa High School
School District
Mesa Unified District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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

Listing courtesy of Exit Realty Coannah.

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.