1138 E 2nd Street, Mesa, AZ 85203
- $765,000
- List Price
- $765,000
- Price Change
- ▼ $25,000 1779840140
- Days on Market
- 448
- Status
- ACTIVE
- MLS#
- 6861620
- City
- Mesa
- Subdivision
- Suburban Gardens 2
- Year Built
- 1973
Property Description
Prime Mesa Investment Opportunity! This 4-plex offers 4 spacious 2-bed, 2-bath, 1000sqft units with strong upside potential. First-floor units boast remodeled kitchens, all-tile floors, and large fenced yards. Upstairs, Unit D features vinyl floors and a remodeled kitchen; Unit C has a remodeled kitchen, laminate in living areas, and carpeted bedrooms. Most windows upgraded to vinyl dual-pane. Separate laundry building with owned coin machines generates ~$1,500/yr, plus tenant storage. Long-term tenants at below-market rents offer significant rent increase potential. Steps from light rail. Owner pays water, sewer, trash, and laundry power. See APOD in docs. Buyer/agent to verify all info. Act now for great cash flow potential!
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Additional Information
- Community Features
- Other, See Remarks
- Construction
- Wood Frame, Painted
- Cooling
- Central Air
- Electric
- City Electric
- Exterior Features
- Sidewalk(s)
- Flooring
- Ceramic Tile
- Heating
- Other, See Remarks
- New Financing
- Other (See Remarks)
- Parking Features
- Carport
- Roofing
- Built-Up, Foam, Other, Shake
- Subdivision
- Suburban Gardens 2
- Taxes
- $1,543
- Tax Year
- 2024
- Tenant Pays
- Electricity, Gas
- Units
- 4
- Water
- City Franchise
- Zoning
- MULTI
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Listing courtesy of Professional Real Estate Negotiators.
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