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556 S Udall

Mesa, AZ 85204
  • $395,000
  • STATUS: Active Under Contract
  • ON SITE: 38 Days
  • MLS #: 6332411
Under Contract
UPDATED: 27 min ago
$395,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1985
County:
Area:

School Information

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

Description

Instant cash flow with long term tenants in place. Leases in place until June 2022 at $1050/month per unit. Each unit is 2 bed/1 bath with a newer roof and newer AC units (one unit is brand new) as well as new dual pane windows/sliding glass doors. This area of Mesa is booming right now and rental rates are continuing to increase.

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© 2022 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 Conway Real Estate. Data last updated 2022-01-23T10:12:26.523.
www.searchvalleyrealestate.com/homes/124080693
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556 S Udall Mesa, AZ 85204

  • Price: $395,000
  • Status: Active Under Contract
  • On Site: 38 Days
  • Updated: 27 min ago
  • MLS #: 6332411
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1985
Built
Neighborhood:
Haws Replat
County:
Maricopa
Area:
Mesa
Elementary School:
Lowell Elementary School - Mesa
Middle School:
Mesa Junior High School
High School:
Mesa High School
School District:
004 - Mesa Unified District
Property Description
Instant cash flow with long term tenants in place. Leases in place until June 2022 at $1050/month per unit. Each unit is 2 bed/1 bath with a newer roof and newer AC units (one unit is brand new) as well as new dual pane windows/sliding glass doors. This area of Mesa is booming right now and rental rates are continuing to increase.
Exterior Features

Construction Block Construction Finish Other (See Remarks) Covered Parking Spaces 0.00 Lot Size Dimensions 6490 Parking <1 Space Per UnitFree Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 780 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 DisposalF/S Oven/RangeRefrigeratorW/D Hookup Cooling Heat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Electric Interior Amenities Unfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1050.00 2 Bedroom Units 2 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 23940.00 Annual Ins Exp 663.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 2700.00 Community Amenities No Pool Cross Street Mesa Dr/Broadway Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric City ElectricIndividual Meter Gas None Gross Annual Sch Inc 25200.00 Hoa YN No Net Operating Income 23940.00 New Financing ConventionalNo Carry Operating Exp 4247.00 Other Income 0.00 Owner Pays SewerTrash CollectionWater Project Type Duplex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Mesa Taxes 884.00 Tenant Pays Cable TvElectricLandscaping UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.05 Water City Franchise Zoning M-H

Listing courtesy of Four Peaks Brokerage Company.


© 2022 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 Conway Real Estate. Data last updated 2022-01-23T10:12:26.523.
 
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Conway Real Estate
2345 E Thomas Rd. 150
Phoenix AZ, 85016