$246,000
Mesa, AZ 85205
MLS# 5822660
Status: Closed
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Property Description
These apartment homes rent FAST with the huge private yards, NO HOA, separate laundry room closets, single-level, and covered parking. Owner recently remodeled #1 in 2018 w/new floors, fixtures, 2''blinds, paint, hardware. #2 previously remodeled w/paint & flooring. #1 AC 2016. Ext. paint 2018. Block wall. Wood fence updated 2018. Units INDIVIDUALLY METERED for water, sewer, trash, & electricity. Owner pays NO utilities. Tenants take care of own landscaping. Both units occupied. Pictures of interior from before occupancy. Property is close to shopping, bus line, easy access to 60 & 202 FWYs and less than 30 minutes from ASU. Units recently fixed up, no apparent expenses. Buyer use own projections & vacancy %. #1 $925/mo & #2 $895/mo new 1 year leases. Tenants own washer&dryers
Details
Maps
Contract Info
Current Price: $246,000
Sold Price: $246,000
Status: Closed
List Date: 2018-09-20
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: Q41
House Number: 4721
Compass: E
Street Name: Camino
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
County Code: Maricopa
Subdivision: Greenfield Estates
Assessor Number: 140-15-179
Tax Year: 2017
General Property Description
Lot Size Dimensions: 7708
Year Built: 1983
Uncvrd Parking Spcs: 2
Total # of Units: 2
# of Buildings: 1
Zoning: Multi
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: O'Connor Elementary School
Jr. High School: Shepherd Junior High School
High School: Red Mountain High School
Remarks Misc
Cross Street: Greenfield/University
Directions: East on University, Left/North on Quinn, Right/East on Camino to 4721
Geo Lat: 33.423986
Geo Lon: -111.729173
Status Change Info
Off Market Date: 2018-09-28
Under Contract Date: 2018-09-27
Close of Escrow Date: 2018-10-22
Sold Price: $246,000
Legal Info
Lot Number: 166
Income Expenses
Gross Annual Sch Inc: 21840
Net Operating Income: 19944
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 910
Avg SqFt: 897
# 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: Duplex
Construction: Wood Frame
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Satellite Dish; Cable TV Available; Separate Storage
Interior Amenities: Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds
Appliances Included: Built-In Range; Dishwasher
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Carport
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity
Source of Fincl Data: Other (See Remarks)
Special: Owner/Agent
Existing 1st Loan: Conventional
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Non Assumable
Existing 2nd Loan: Treat as Free&Clear; Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: CTL; VA; FHA; Conventional
Environmental: None
Listing Office: RMB Properties, LLC
Last Updated: January - 29 - 2024
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