860 E Brown Road , #61

    Mesa, AZ 85203
    • $608,888
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 6076997
    UPDATED: 12 min ago
    $608,888
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:

    School Information

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

    Description

    Amazing cash flow and great multi family units 9 bedrooms/8 bathrooms investment opportunity! Very rare and desirable units! One unit is 3 bedroom 2 bath single level, two units are 2 bed 1.5 baths and one unit is 2 bed 2 bath . 3 units have fenced block wall yards. All units have been updated! The 3 bed 2 bath unit has been completely remodeled! New wood look floors, brand new white cabinets, granite countertop and fresh two tone paint! Two of the 2 bedroom units are rented on is $1050 per month and the other is $1095 per month. Por forma rents for the 3 bed unit are $1495 and the last 2 bed unit por forma is $1150.The tenant pays electric and each unit shares a two car garage. Exterior updates include newer paint. Units are designed so that tenants are never above/beneath one another.HOA manages the grounds so it always looks well kept! Building is right across from the sparkling community pool! Excellent North East Mesa location close to everything Minutes from the 202! Maintenance work including A/C and safety repairs are up to date! Very low vacancy, easy to rent and easy to manage. Buyer to verify all facts and figures. Do not disturb tenant! Drive by only until offer is accepted!

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    © 2020 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 The Bill and Cindy Flowers Team | Keller Williams Integrity First. Data last updated 2020-05-26T09:11:07.317.
    www.flowersgetresults.com/homes/105756836

    860 E Brown Road , #61 Mesa, AZ 85203

    • Price: $608,888
    • Status: Active
    • Updated: 12 min ago
    • MLS #: 6076997
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1980
    Built
    Neighborhood:
    Sun Gardens Replat
    County:
    Maricopa
    Area:
    Mesa
    Elementary School:
    Edison Elementary School
    Middle School:
    Kino Junior High School
    High School:
    Westwood High School
    School District:
    004 - Mesa Unified District
    Property Description
    Amazing cash flow and great multi family units 9 bedrooms/8 bathrooms investment opportunity! Very rare and desirable units! One unit is 3 bedroom 2 bath single level, two units are 2 bed 1.5 baths and one unit is 2 bed 2 bath . 3 units have fenced block wall yards. All units have been updated! The 3 bed 2 bath unit has been completely remodeled! New wood look floors, brand new white cabinets, granite countertop and fresh two tone paint! Two of the 2 bedroom units are rented on is $1050 per month and the other is $1095 per month. Por forma rents for the 3 bed unit are $1495 and the last 2 bed unit por forma is $1150.The tenant pays electric and each unit shares a two car garage. Exterior updates include newer paint. Units are designed so that tenants are never above/beneath one another.HOA manages the grounds so it always looks well kept! Building is right across from the sparkling community pool! Excellent North East Mesa location close to everything Minutes from the 202! Maintenance work including A/C and safety repairs are up to date! Very low vacancy, easy to rent and easy to manage. Buyer to verify all facts and figures. Do not disturb tenant! Drive by only until offer is accepted!
    Exterior Features

    Construction Frame - Wood Construction Finish Stucco Covered Parking Spaces 4.00 Lot Size Dimensions 52.83' X 72' Parking 1 Space/UnitAdd'l Parking AvailGarage Roads Asphalt Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 800 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 1200 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included DishwasherDisposalMicrowaveRefrigeratorW/D Hookup Cooling Central A/C Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetVinyl/Composition Heating Electric Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1050.00 2 Bedroom Units 3 3 Bedroom Unit Avg Rent 1495.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 57480.00 Annual Gas Exp 0.00 Annual Ins Exp 2028.00 Annual Land Lse Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 2000.00 Annual Mgmt Exp 3500.00 Annual Other Expense 1603.00 Annual Ownr Asoc Fee 4776.00 Community Amenities Pool(S) Cross Street Brown & Stapley Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas Sw Gas Gross Annual Sch Inc 57480.00 Hoa YN Yes Net Operating Income 41970.00 New Financing ConventionalFha Other Income 0.00 Owner Pays SewerWater Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Mesa Taxes 1603.00 Tenant Pays Cable TvElectric Vacancy Allowance 0.00 Water City Franchise Zoning Multifamily

    Listing courtesy of Exp Realty.


    © 2020 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 The Bill and Cindy Flowers Team | Keller Williams Integrity First. Data last updated 2020-05-26T09:11:07.317.
     
    The Bill and Cindy Flowers Team | Keller Williams Integrity First
    3651 E. Baseline Road #133
    Gilbert AZ, 85234