Sold
750 E 1ST Avenue
Mesa AZ, 85204
$2,700,000
Sold
Other
Built in 1978
This property is an investors dream! 16 units comprised of 9 studios and 7 1 bedroom apartments located 500' from Main Street and within the Opportunity Zone as well as Mesa's Form Based Code Overlay (T4). Roof was replaced in May 2019, new dual pane windows, the majority of the water heaters and HVAC units have been replaced in the last 4 years. All of the units have been upgraded with can lighting and ceiling fans. There are 22 parking spaces. The units rent well and quickly. There is a lot of room to raise rents.
6350374
MLSⓇ ID
February 2, 2022
Listed
March 20, 2024
Updated
Map
750 E 1ST Avenue
Mesa AZ, 85204
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central A/C, Individual, Electric, Ceiling Fan(s)
Heating
Yes
Heating Description
Individual, Electric
Exterior/Building Features
Roof
Composition, Foam
Sewer
Public Sewer
School Information
School District
Mesa Unified District
Other Property Details
Taxes
$2,665
Tax Frequency
Annually
Days on Market
45
Garage
No
Parking
Free, 1 Space Per Unit
Parking Total
22
View
No
County
Maricopa
Water Source
City Franchise, Master Meter
Pool
No
Zoning
MF or FBC T4
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
8/12/2023 | Sold | $2,700,000 |
Courtesy of Cluff Real Estate LLC, Chad Cluff
Listing Contact: 602-882-0694
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Santistevan Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 11:18 PM UTC, 3/20/2024.
