310 W 8TH Avenue W, Mesa, AZ 85210 (MLS# 6336250)

$640,000

310 W 8TH Avenue W
Mesa, AZ 85210
MLS# 6336250
Status: Closed

1 / 13

Property Description
Great investor rental opportunity! Solid block 1971 construction and low maintenance landscaping. There are 4-2 bedroom and 1 bath units. Units lease very easy in this area. Great central Mesa location. Close to the US 60 freeway. Run the numbers, this one has great cash flow for your buyer. Many upgrades, and a brand new roof with receipts. **SELLING THIS 4 PLEX AS IS ** Has a separate laundry room for the tenants, with 4 covered parking spots available. It currently has two good long term tenant's in the 4 plex. Signed leases until 7/2022. NOTE: ''PLEASE SUBMIT SIGNED BINSR ACCEPTING PROPERTY AS IS.'' with the offer

Details

Maps

Contract Info

Current Price: $640,000

Sold Price: $640,000

Status: Closed

List Date: 2021-12-30

Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: R39

House Number: 310

Compass: W

Street Name: 8TH

St Suffix: Avenue

St Dir Sfx: W

City/Town Code: Mesa

State/Province: AZ

Zip Code: 85210

Zip4: 8627

County Code: Maricopa

Subdivision: LINCOLN PARKWAY

Assessor Number: 139-40-066

Tax Year: 2021

General Property Description

Lot Size Dimensions: 8,498

Year Built: 1971

Uncvrd Parking Spcs: 4

Total # of Units: 4

# of Buildings: 1

Zoning: [RM-3] Resident

Flood Zone: No

Elementary School District: Mesa Unified District

High School District: Mesa Unified District

Elementary School: Guerrero Elementary School

Jr. High School: Rhodes Junior High School

High School: Dobson High School

Remarks Misc

Cross Street: South Country Club

Directions: Off of Hi Way #60 , go north on Country Club and turn right on 8th Avenue. Its on your left hand side.

Geo Lat: 33.40079

Geo Lon: -111.838188

Status Change Info

Off Market Date: 2022-01-03

Under Contract Date: 2022-01-02

Close of Escrow Date: 2022-02-02

Sold Price: $640,000

Legal Info

Township: 1N

Range: 5E

Section: 27

Lot Number: 11

Income Expenses

Gross Annual Sch Inc: 55200

Net Operating Income: 48000

Efficiency Units

Avg Rent: 1150

Avg SqFt: 850

# Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 2

Avg Rent: 1150

Avg SqFt: 850

# Baths: 1

Sold Info

Loan Type: Conventional

Loan Years: 30

Payment Type: Fixed

Closing Cost Split: Normal - N

Buyer Concession $/%: $

Seller Concession $/%: $

Property Features

Project Type: Four Plex

Construction: Block

Const - Finish: Painted

Roofing: Composition

Floors: Concrete

Sale Includes: Land & Building; Laundry Equipment

Community Features: No Pool

Exterior Amenities: Fenced; Partially Fenced; Satellite Dish; Cable TV Available

Interior Amenities: Unfurnished; Fire/Smoke Alarm(s)

Appliances Included: Refrigerator

Heating: Ceiling

Cooling: Electric; Central Air

Water Source: Individual Meter

Sewer: Sewer - Public

Electric: SRP; Individual Meter

Gas: SW Gas

Parking Features: Carport; <1 Space Per Unit

Owner Pays: Water

Tenant Pays: Sewer; Electricity; Trash Collection; Cable TV

Source of Fincl Data: Owner

Lockbox Type: Supra

New Financing: VA; FHA; Conventional

Environmental: None

Listing Office: Keller Williams Realty East Valley

Last Updated: April - 01 - 2025

310 W 8TH Avenue W, Mesa, AZ 85210 - MLS# 6336250