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Key Details
Sold Price $825,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Loma Vista
MLS Listing ID 6792394
Sold Date 01/14/25
Year Built 1985
Annual Tax Amount $2,249
Tax Year 2024
Lot Dimensions 8918
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
LOCATION, LOCATION, LOCATION!! Great Investment Property, Fully Rented, Very Near the Top of the Market Rents with Room to Increase. Three Out of the Four Units Have Been Remodeled with New Flooring, New Kitchen Cabinets & Counter Tops, Vanities & Fixtures! NEW Roof in 2022; New AC Unit for #103 in 9/2021; Great Tenants, Property Management & Rents: #101 (1 Bed/1 Bath; $825); #102 (2/2;$1275); #103 (3/2;$1550); #201 (2/2; $1300); Excellent Value in NE Mesa, Near Restaurants, Shopping, Bus Lines, Fitness Centers & the 202 Red Mountain Freeway. The Three Ground Floor Apartments Have Private Gated Yards and the ONLY Upstairs Unit (#201) Has a HUGE PRIVATE Balcony!
Location
State AZ
County Maricopa
Community Loma Vista
Area Maricopa
Zoning RM-3
Direction South On Recker to Norland; West On Norland to SE Corner of Recker & Norland
Interior
Heating Heat Pump, Ceiling
Cooling Central Air, Ceiling Fan(s), Electric, Heat Pump
Flooring Ceramic Tile
Appliance Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Parking Features >1 Space Per Unit, On Street
Community Features No Pool
Roof Type Tile,Rolled/Hot Mop
Private Pool No
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise
New Construction No
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 141-80-391
Acceptable Financing Conventional, 1031 Exchange
Disclosures Seller Prop Disc Stm
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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Bought with Western Property Advisors, LLC
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Coach Manny Caballero
Broker Associate | License ID: BR116302000 - Co Lic#LC7128070
Broker Associate License ID: BR116302000 - Co Lic#LC7128070