851 E 5TH Street

    Mesa, AZ 85203
    • $309,900
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: 6000367
    UPDATED: 43 min ago
    $309,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    This is well-maintained property in an excellent rental area with long-term tenants. All agreements are month-to-month so it will be easy to raise these very low rents. See MLS #5869213 for most recent rental just a few doors down: $795! 5 - 6 parking spots on the property. Each unit has own storage rooms that have been wired and partially plumbed for laundry. Property was completely rebuilt (to the studs) in 2011 so don't let the 1962 build date scare you. These units are completely modern in every way with modern cabinets, newer appliances and floors. This property has lots of upside.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Laughton Team | My Home Group. Data last updated 2019-11-15T09:11:00.487.
    www.myphoenixhomesearch.com/homes/100512745

    851 E 5TH Street Mesa, AZ 85203

    • Price: $309,900
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 6000367
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1962
    Built
    Neighborhood:
    Mumford Park
    County:
    Maricopa
    Area:
    Mesa
    Elementary School:
    Edison Elementary School
    Middle School:
    Kino Junior High School
    High School:
    Westwood High School
    School District:
    004 - Mesa Unified District
    Property Description
    This is well-maintained property in an excellent rental area with long-term tenants. All agreements are month-to-month so it will be easy to raise these very low rents. See MLS #5869213 for most recent rental just a few doors down: $795! 5 - 6 parking spots on the property. Each unit has own storage rooms that have been wired and partially plumbed for laundry. Property was completely rebuilt (to the studs) in 2011 so don't let the 1962 build date scare you. These units are completely modern in every way with modern cabinets, newer appliances and floors. This property has lots of upside.
    Exterior Features

    Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingPartially FencedSeparate Storage Lot Size Dimensions 64 X 140 Parking FreePaved Parking>1 Space Per Unit Roads ConcreteDirt/GravelSidewalk(S) Roofing Comp Shingle Total Parking Spaces 5.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 720 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigerator Cooling Central A/CElectric Refrigeratd Efficiency Unit Avg Sq Ft 720 Efficiency Unit Baths 1 Floors CarpetCeramic Tile Heating GasCentralCeiling Fan(S) Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 658.00 2 Bedroom Units 3 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 22800.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 800.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 240.00 Annual Legal And Acctg 0.00 Annual Maint Exp 240.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 2100.00 Community Amenities No Pool Cross Street Horne & University Efficiency Unit Avg Rent 658.00 Efficiency Units 3 Electric City Electric Gas City Gas Gross Annual Sch Inc 22800.00 Hoa YN No Net Operating Income 22800.00 New Financing Conventional Operating Exp 4313.00 Other Income 0.00 Owner Pays WaterSewer Project Type Tri-Plex Sale Includes Building(S) Only Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Mesa Taxes 933.00 Tenant Pays ElectricGasTrashCable Tv Totl Mnth Rntal Inc 1900.00 Vacancy Allowance 0.00 Water Master MeterCity Franchise Zoning Multi-Family

    Listing courtesy of Mesa Verde Real Estate.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Laughton Team | My Home Group. Data last updated 2019-11-15T09:11:00.487.
     
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    Peoria AZ, 85382