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$950,000
Mesa, AZ 85208
MLS# 6673494
Status: Pending
1 / 13
Property Description
Exceptional Investment Opportunity.... 4 -2 bedroom, 2 bath units approx. 1000 sq. ft each. Completely renovated in 2022 with New Flooring, Cabinetry, Appliances, Countertops and Appliances, New Roof July 2023 and 4 new A/C units. Ready for an owner seeking cash-flow. Drive by only.
Details
Maps
Contract Info
Current Price: $950,000
List Price: $950,000
Status: Pending
List Date: 2024-03-06
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 9936
Compass: E
Street Name: BIRCHWOOD
St Suffix: Avenue
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85208
Zip4: 1881
Country: USA
County Code: Maricopa
Subdivision: Crismon Cove
Assessor's Map #: 40
Assessor's Parcel #: 15
Add'l Parcels: No
Assessor Number: 220-40-015
Legal: CRISMON COVE MCR 276-16
Tax Municipality: Maricopa - COUNTY
Taxes: 1642
Tax Year: 2023
Marketing Name: Crismon Cove
General Property Description
Lot Size Dimensions: 70 x 115.04
Year Built: 1988
Uncvrd Parking Spcs: 8
Total # of Units: 4
# of Buildings: 1
Zoning: MF
Flood Zone: No
Elementary School: Stevenson Elementary School (Mesa)
Jr. High School: Desert Ridge Jr. High
High School: Skyline High School
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Remarks & Misc
Cross Street: Crismon & Broadway
Directions: North on Crimson, West on Birchwood to 9936
Geo Lat: 33.40992
Geo Lon: -111.616557
Status Change Info
Status Change Date: 2024-05-07
Off Market Date: 2024-05-07
Under Contract Date: 2024-05-06
Legal Info
Lot Number: 5
Income & Expenses
Annual Ins Exp: 4254
Annual Landscape Exp: 1800
Annual Trash Exp: 1674.24
Annual Wtr/Swr Exp: 1653.96
Owner Association: No
Operating Exp: 11024.2
Gross Annual Sch Inc: 71952
Vacancy Allowance: 0.01
Adjusted Gross Inc: 71232.48
Totl Mnth Rntal Inc: 5996
Net Operating Income: 60208.28
Pmt & Rate Info
Cap Rate: 6.34
Down Payment %: 100
Equity: 950000
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1499
Avg SqFt: 893
# Baths: 2
Property Features
Project Type: Four Plex
Construction: Frame - Wood
Const - Finish: Painted; Brick Trim/Veneer; Siding
Roofing: Comp Shingle
Floors: Vinyl
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Desert Landscaping
Appliances Included: F/S Oven/Range; Refrigerator; Disposal
Cooling: Electric
Water: Master Meter
Sewer: Septic Tank
Electric: SRP
Gas: None
Parking: >1 Space Per Unit; Paved Parking
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Provided by Owner
Lockbox Type: None
Existing 1st Loan: Conventional
Existing 1st Ln Trms: Not Applicable
New Financing: Conventional
Reports/Disclosures: None
Environmental: None
Listing Office: On Q Property Management
Last Updated: May - 07 - 2024
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