$500,000
$510,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
38 W SOUTHERN Avenue #3 Mesa, AZ 85210
Key Details
Sold Price $500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Beall Park 2
MLS Listing ID 6591287
Sold Date 11/30/23
Year Built 1976
Annual Tax Amount $755
Tax Year 2022
Lot Dimensions 68X118
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Great investment opportunity. Three units that are all two bedroom one bath. Also three outside storage closets and laundry. Rental rates in the area are around $1200. Actual rents $900 each. All leases expire on Oct 31,2023. Roof is about 15 years old, Ac's about the same age except for one that was replaced last year. All Units have had the same tenants for almost 20 years.
Please do not disturb or talk with the tenants.
We have an FHA appraisal for 515,000.
Location
State AZ
County Maricopa
Community Beall Park 2
Zoning RM-4
Direction From Country Club Dr and Southern Drive West on Southern approximately 1/2 mile, Turn left on McDonald and right into parking area. and property will be down on your right.
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Other, Vinyl
Appliance F/S Oven/Range, W/D Hookup
Exterior
Parking Features Attached, >1 Space Per Unit, Common
Community Features No Pool
Roof Type Rolled/Hot Mop
Total Parking Spaces 5
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 139-45-074-A
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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