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117-121 W 2ND Street

Mesa, AZ 85201
  • $960,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 6328496
UPDATED: 50 min ago
$960,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Gorgeous 4-plex nestled in the absolute center of Millionaire's Row in Downtown Mesa which was named one of the ''Valley's Best Neighborhoods of 2021'' by Phoenix Magazine. The spacious suites are designed as two separate houses surrounded by estate homes within this exceptional neighborhood. Three suites are 2 bed/1bath and one suite is 1 bed/1 bath totaling 3,423 sf. Only a couple blocks from ASU's New American Film School for 800 students plus faculty, Main Street's vibrant restaurant and retail scene, the Mesa Arts Center, popular museums, and light rail. The property includes lush landscaping along with plenty of parking. Existing long term tenants with annual leases. Rare opportunity in center of highly desired neighborhood. Cap Rate of 5.2%

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© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than West USA Realty. Data last updated 2022-01-23T07:13:05.15.
www.househelpersaz.com/homes/123747643
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117-121 W 2ND Street Mesa, AZ 85201

  • Price: $960,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 50 min ago
  • MLS #: 6328496
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1957
Built
Neighborhood:
Mesa City Arizona
County:
Maricopa
Area:
Mesa
Elementary School:
Emerson Elementary School
Middle School:
Carson Junior High School
High School:
Westwood High School
School District:
004 - Mesa Unified District
Property Description
Gorgeous 4-plex nestled in the absolute center of Millionaire's Row in Downtown Mesa which was named one of the ''Valley's Best Neighborhoods of 2021'' by Phoenix Magazine. The spacious suites are designed as two separate houses surrounded by estate homes within this exceptional neighborhood. Three suites are 2 bed/1bath and one suite is 1 bed/1 bath totaling 3,423 sf. Only a couple blocks from ASU's New American Film School for 800 students plus faculty, Main Street's vibrant restaurant and retail scene, the Mesa Arts Center, popular museums, and light rail. The property includes lush landscaping along with plenty of parking. Existing long term tenants with annual leases. Rare opportunity in center of highly desired neighborhood. Cap Rate of 5.2%
Exterior Features

Construction BlockBrickFrame - Wood Construction Finish Brick Trim/VeneerPainted Covered Parking Spaces 0.00 Exterior Amenities FencedGreen LandscapingPatio/Balcony Lot Size Dimensions 65 X 165 Parking >1 Space Per UnitOther (See Remarks) Roads AsphaltCurb(S) & Gutter(S)Dedicated StreetSidewalk(S) Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 413 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 1003 2 Bedroom Units Baths 3 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigeratorW/D Hookup Cooling 2 Or More UnitsCentral A/CHeat PumpWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic Tile Heating 2 Or More UnitsCentralElectricHeat PumpNatural GasWindow/Wall Unit(S)

Property Features

1 Bedroom Unit Avg Rent 775.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 1350.00 2 Bedroom Units 3 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 0.00 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Cross Street 2nd Street And Macdonald Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric City ElectricIndividual Meter Gas City GasIndividual Meter Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing Conventional Operating Exp 1192.00 Other Income 0.00 Other Type House + Rental Units Owner Pays Water Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Books Shwn Accpt OfrProjected Proforma Tax Municipality Mesa Taxes 1192.00 Tenant Pays Cable TvElectricGas Vacancy Allowance 0.00 Water City FranchiseIrrigation Zoning Dr-2

Listing courtesy of Congress Realty, Inc..


© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than West USA Realty. Data last updated 2022-01-23T07:13:05.15.
 
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West USA Realty
2340 E. Beardsley Rd. #110
Phoenix AZ, 85024