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25 S Beverly Street

Mesa, AZ 85210
  • $760,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 6313748
Price Reduced
UPDATED: 23 min ago
$760,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1935
County:
Area:

School Ratings & Info

School District:

Description

10 Units for the price of a 4plex! This property is a Cash Cow in an Opportunity Zone with tons of potential. Steps from the Light Rail. (2) duplexes, (1) cottage and (5) park owned mobile home/trailers. Structures are old and need updating. All 10 units are 1/1's. Property is a value add with room for improvement via cap ex, market rents, coin laundry, sub meter/rubs and more, or just sit on it and collect the nice cash flow. Dive By Only - DO NOT SPEAK WITH TENANTS

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© 2021 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 2021-12-03T20:11:21.863.
www.househelpersaz.com/homes/122865302
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25 S Beverly Street Mesa, AZ 85210

  • Price: $760,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 23 min ago
  • MLS #: 6313748
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1935
Built
Neighborhood:
Downtown Mesa
County:
Maricopa
Area:
Mesa
School District:
004 - Mesa Unified District
Property Description
10 Units for the price of a 4plex! This property is a Cash Cow in an Opportunity Zone with tons of potential. Steps from the Light Rail. (2) duplexes, (1) cottage and (5) park owned mobile home/trailers. Structures are old and need updating. All 10 units are 1/1's. Property is a value add with room for improvement via cap ex, market rents, coin laundry, sub meter/rubs and more, or just sit on it and collect the nice cash flow. Dive By Only - DO NOT SPEAK WITH TENANTS
Exterior Features

Construction BrickFrame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Lot Size Dimensions 150X92 Parking Other (See Remarks)Street Parking Roads Gravel Roofing Built-Up

Interior Features

1 Bedroom Unit Avg Sq Ft 400 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 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 Other (See Remarks) Cooling Evaporative CoolingOther Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetOtherVinyl Heating OtherSee Remarks

Property Features

1 Bedroom Unit Avg Rent 750.00 1 Bedroom Units 10 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 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 360000.00 Annual Elec Exp 12888.00 Annual Gas Exp 0.00 Annual Ins Exp 2800.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1000.00 Annual Legal And Acctg 0.00 Annual Maint Exp 6000.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities No PoolSee Remarks Cross Street Main & Extension Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric City Electric Gas City Gas Gross Annual Sch Inc 90000.00 Hoa YN No Mobile Home Park Single Wide Spaces 5 Mobile Home Park Total Number Spaces 5 Net Operating Income 57316.00 New Financing 1031 ExchangeConventionalLease OptionLease PurchaseOther (See Remarks) Operating Exp 23624.00 Other Income 0.00 Other Type House + Rental Units Owner Pays ElectricGasLandscapingSewerWater Project Type 5 - 12 UnitsMobile Home ParkOther (See Remarks) Sale Includes Building(S) OnlyLand & BuildingPersonal Property Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Special Economic Rdvlpmnt ZnOwner/Agent Tax Municipality Mesa Taxes 936.00 Tenant Pays Cable Tv Totl Mnth Rntal Inc 7500.00 UCB No Vacancy Allowance 5.00 Water City Franchise Zoning Cg General Comm

Listing courtesy of My Home Group Real Estate.


© 2021 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 2021-12-03T20:11:21.863.
 
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West USA Realty
2340 E. Beardsley Rd. #110
Phoenix AZ, 85024