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$300,000
20 W UNIVERSITY Drive, FRNT
Mesa, AZ 85201
MLS# 6675094
Status: Closed



20 W UNIVERSITY Drive, FRNT, Mesa, AZ 85201
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Property Description
Great Duplex Opportunity in growing area. This property is located almost at the corner of University Drive and Center, near Downtown Mesa, Mesa Amphitheatre, and Convention Center. This investment opportunity holds 2 Units - each are around 860 SF with huge upside potential. The current rents even at current rates are well below the market. Its location makes this a great fix and hold. Units at this size are rare. Large Patios and extra storage space. One of the AC units has just been replaced. The Car Wash next store is also available which makes this an even better opportunity to redevelop or add more units.

Details
Maps
Documents
Contract Info
Current Price: $300,000
Sold Price: $300,000
Status: Closed
List Date: 2024-03-09
Ownership: Fee Simple
Location Tax Legal
House Number: 20
Compass: W
Street Name: UNIVERSITY
St Suffix: Drive
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 5838
Country: US
County Code: Maricopa
Subdivision: MESA ARIZONA
Assessor Number: 137-26-045-K
Tax Year: 2023
General Property Description
Lot Size Dimensions: 6,273
Year Built: 1953
Uncvrd Parking Spcs: 4
Total # of Units: 2
# of Buildings: 1
Zoning: DB-1
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Remarks Misc
Cross Street: University Dr. & Center St.
Directions: From Mesa dr, head West on University dr and property will be on the right. From Country Club, head East and property will be on the left.
Geo Lat: 33.422593
Geo Lon: -111.832181
Status Change Info
Status Change Date: 2024-08-14
Off Market Date: 2024-07-27
Under Contract Date: 2024-07-13
Close of Escrow Date: 2024-08-13
Sold Price: $300,000
Legal Info
Township: 1N
Range: 5E
Section: 15
Lot Number: 112
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 850
Avg SqFt: 800
# 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: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: City Gas
Parking Features: >1 Space Per Unit
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data: Other (See Remarks)
Lockbox Type: Supra (ARMLS)
New Financing: Other (See Remarks)
Environmental: None

Listing Office: Blue Saguaro Realty

Last Updated: November - 18 - 2024

20 W UNIVERSITY Drive, FRNT, Mesa, AZ 85201 - MLS# 6675094

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