Price Reduction - Lease to Own
Address
25 S Beverly Street Mesa, AZ
Price
$ 760,000
Property Attributes
  • MLS#6313748
  • TypeMulti-Family
  • CountyMARICOPA
  • CityMesa
  • NeighborhoodDowntown Mesa
  • Zip85210
  • Style
  • Year Built1935
  • Taxes$ 936
  • Price$ 760,000
  • Bedrooms10
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage4000
Listing Provided Courtesy Of:
My Home Group Real Estate
Data Source:
Arizona Regional MLS (ARMLSN) - 22 - AZ
Property Description

10 Units for the price of a 4plex! This property is a Cash Cow in an Opportunity Zone with tons of potential. Steps from the Light Rail. (2) duplexes, (1) cottage and (5) park owned mobile home/trailers. Structures are old and need updating. All 10 units are 1/1's. Property is a value add with room for improvement via cap ex, market rents, coin laundry, sub meter/rubs and more, or just sit on it and collect the nice cash flow. Dive By Only - DO NOT SPEAK WITH TENANTS

Price History
10/28/2021 Listed $818,800
11/16/2021 4% - $790,000
11/26/2021 4% - $760,000

General Features

1 Bedroom Units: Avg Rent 750.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Brick, Frame - Wood
Cooling Evaporative Cooling, Other
Electric City Electric
Features No Pool, See Remarks
Gas Y/N City Gas
Heating Other, See Remarks
Map Code/Grid R38
Net Income 57316.00
New Financing 1031 Exchange, Conventional, Lease Option, Lease Purchase, Other (See Remarks)
Owner Pays Electric, Gas, Landscaping, Sewer, Water
Parking Other (See Remarks), Street Parking
Property Type F
Public Remarks 10 Units for the price of a 4plex! This property is a Cash Cow in an Opportunity Zone with tons of potential. Steps from the Light Rail. (2) duplexes
Roof Built-Up
School District 004 - Mesa Unified District
Sewer Sewer - Public
Special Economic Rdvlpmnt Zn, Owner/Agent
Status Active
Subdivision Downtown Mesa
Tenant Pays Cable TV
Water City Franchise
Year Built 1935
Zoning CG General Comm

Interior Features

1 Bedroom Units: # 1 Bedroom Units 10
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 400
Appliances Included Other (See Remarks)
Floors Carpet, Other, Vinyl
Total Number of Units 10.00

Exterior Features

Sale Includes Building(s) Only, Land & Building, Personal Property
Const - Finish Painted, Stucco
Covered Parking Spcs 0.00
Lot Size Dimensions 150x92
Total Parking Spcs 5.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85210

Price
AVG $550K
$760K
Taxes
AVG $1,103
$936
Visits
AVG 236
25
Year Built
AVG 1950
1935

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