449 N Drew Street E, Mesa, AZ 85201

$399,000
2
BD
2
BA

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List Price
$399,000
Status
ACTIVE
Price Change
▼ $11,000 1786746978
Days on Market
86
MLS#
7043483
City
Mesa
Bedrooms
2
Bathrooms
2
Year Built
1973

Property Description

Two units. One long-term tenant already in place. One vacant. Move in or rent it out. Block construction. LVL throughout. This isn't a traditional duplex where you hear your tenant sneeze. It lives like two houses on one lot. Mirror-image floor plans. One bed, one bath, kitchen, nook, oversized private backyard. Covered parking plus extra spots per unit. Separate entrances, separate fenced yards, separate meters. Tenant covers electric and landscape. The setup does the work. The location seals it. Downtown Mesa, light rail, ASU.

Additional Information

Taxes
$765
Net Operating Income
$27,992
Cap Rate
6.83
Units
2
Parking Features
Open, Paved, Carport, >1 Space Per Unit, Attached Carport
Construction
Brick, Painted
Roofing
Composition
Cooling
Evaporative Cooling, Electric, Ceiling Fan(s)
Heating
Electric, Forced Air
Zoning
DUPLEX
Subdivision
Biggs Add Amd
Community Features
No Pool
Electric
City Electric, Individual Meter
Water
Master Meter, City Franchise
Sewer
Sewer-In & Connected
Tenant Pays
Electricity, Landscaping
New Financing
VA Loan, FHA, Conventional, Cash

Courtesy of eXp Realty. 480-359-6098

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