The Neal Team - TNT
Wally & Patricia Neal
602 931 1010602 931 1010

1758 E 6th Avenue, Mesa, AZ 85204 (MLS # 5320236)

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PRICE $265,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE n/a

GREAT FOURPLEX IN SOLID NEIGHBORHOOD. SURROUNDED BY SINGLE FAMILY HOMES. CURRENT 8.0% CAP RATE. RENTS COULD BE RAISED TO INCREASE PROFORMA. NEW FENCING 2015 FOR PRIVACY & MODERN LOOK. COMMON AREA WITH PICNINC TABLES AND GRILL. EACH UNIT HAS IT'S OWN STORAGE LOCKER & COVERED PARKING SPACE. CONVENIENT TO THE 202 AND THE 60. EASY COMMUTE TO TEMPE, CHANDLER & DOWNTOWN GILBERT. CLOSE TO SCHOOLS, PARKS, RESTAURANTS AND SURROUNDING CONVENIENCE'S. RENTS LIKE HOTCAKES WITH NO VACANCIES IN THE LAST 2 YEARS. RAPIDLY GROWING AREA WITH NEW BUSINESS'S & RESTAURANTS SPRINGING UP ALONG SOUTHERN. COIN OPERATED LAUNDRY FOR ADDITIONAL INCOME. LOW MAINTENCE TURN-KEY INVESTMENT WITH STRONG SUB MARKET & APPRECIATION POTENTIAL.

DAYS ON MARKET -1,023 LAST UPDATED 1/8/2016
TRACT Enchanted Park YEAR BUILT 1980
COUNTY Maricopa STATUS Sold
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Mesa Unified District (004)
Grade School Mesa Unified District (004)


ADDITIONAL DETAILS
1 BEDROOM UNITS: # 1 BEDROOM UNITS 0
1 BEDROOM UNITS: # BATHS 0
1 BEDROOM UNITS: AVG RENT 0.00
1 BEDROOM UNITS: AVG SQFT 0
2 BEDROOM UNITS: # 2 BEDROOM UNITS 4
2 BEDROOM UNITS: # BATHS 1
2 BEDROOM UNITS: AVG RENT 701.25
2 BEDROOM UNITS: AVG SQFT 750
3 BEDROOMS UNITS: # 3 BEDROOM UNITS 0
3 BEDROOMS UNITS: # BATHS 0
3 BEDROOMS UNITS: AVG RENT 0.00
3 BEDROOMS UNITS: AVG SQFT 0
4 BEDROOMS UNITS: # 4 BEDROOM UNITS 0
4 BEDROOMS UNITS: # BATHS 0
4 BEDROOMS UNITS: AVG RENT 0.00
4 BEDROOMS UNITS: AVG SQFT 0
APPLIANCES INCLUDED BI Oven/Range
COMMUNITY AMENITIES No Pool
CONST - FINISH Painted
CONSTRUCTION Block, Frame - Wood
COOLING Electric Refrigeratd
COUNTY CODE Maricopa
ELECTRIC SRP
FLOORS Ceramic Tile
GAS None
HEATING Electric
INCOME & EXPENSES: ADJUSTED GROSS INC 139440.00
INCOME & EXPENSES: ANNUAL ELEC EXP 864.00
INCOME & EXPENSES: ANNUAL GAS EXP 0.00
INCOME & EXPENSES: ANNUAL INS EXP 4200.00
INCOME & EXPENSES: ANNUAL LAND LSE EXP 0.00
INCOME & EXPENSES: ANNUAL LANDSCAPE EXP 0.00
INCOME & EXPENSES: ANNUAL LEGAL & ACCTG 0.00
INCOME & EXPENSES: ANNUAL MAINT EXP 4200.00
INCOME & EXPENSES: ANNUAL MGMT EXP 0.00
INCOME & EXPENSES: ANNUAL OTHER EXPENSE 1200.00
INCOME & EXPENSES: ANNUAL OWNR ASOC FEE 0.00
INCOME & EXPENSES: ANNUAL PAD FEE 0.00
INCOME & EXPENSES: ANNUAL RPLCMNT RSRVS 0.00
INCOME & EXPENSES: ANNUAL TRASH EXP 0.00
INCOME & EXPENSES: ANNUAL WTR/SWR EXP 3300.00
INCOME & EXPENSES: GROSS ANNUAL SCH INC 34860.00
INCOME & EXPENSES: NET OPERATING INCOME 33117.00
INCOME & EXPENSES: OTHER INCOME 0.00
INCOME & EXPENSES: OWNER ASSOCIATION No
INCOME & EXPENSES: VACANCY ALLOWANCE 5.00
INTERIOR AMENITIES Fire/Smoke Alarm(s)
LEGAL INFO: LOT NUMBER 8
LOT SIZE DIMENSIONS 6,761
MARKETING NAME ENCHANTED PARK
NEW FINANCING Conventional
OWNER PAYS Sewer, Trash, Water
PARKING 1 Space/Unit, Assigned
PROJECT TYPE Four Plex
ROADS/STREETS Asphalt/Blacktop
ROOFING Comp Shingle
SALE INCLUDES Land & Building
SEWER Sewer - Public
SOLD INFO: BUYER CONCESS $/% $
SOLD INFO: CLOSING COST SPLIT Normal - N
SOLD INFO: LOAN TYPE Conventional
SOLD INFO: PAYMENT TYPE Fixed
SOLD INFO: SELLER CONCESS $/% $
SOURCE OF FINCL DATA Provided by Owner
TAX MUNICIPALITY Mesa
TAXES 1224.00
TENANT PAYS Electric
TOTAL # OF UNITS 4.00
TOTAL PARKING SPCS 4.00
WATER City Franchise
ZONING RM-4

ZESTIMATE
$311919  1758 E 6th Avenue, Mesa, AZ

RENT ZESTIMATE
$1450 / mo.  1758 E 6th Avenue, Mesa, AZ

37 Car-Dependent

SATELLITE VIEW



 
CONTACT US ABOUT 1758 E 6TH AVENUE
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Data last updated 7/21/18 6:35 AM PDT.