Address
117-121 W 2Nd Street Mesa, AZ
Price
$ 960,000
Property Attributes
  • MLS#6328496
  • TypeMulti-Family
  • CountyMARICOPA
  • CityMesa
  • NeighborhoodMesa City Arizona
  • Zip85201
  • Style
  • Year Built1957
  • Taxes$ 1192
  • Price$ 960,000
  • Bedrooms7
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage3422
Listing Provided Courtesy Of:
Congress Realty, Inc.
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Gorgeous 4-plex nestled in the absolute center of Millionaire's Row in Downtown Mesa which was named one of the ''Valley's Best Neighborhoods of 2021'' by Phoenix Magazine. The spacious suites are designed as two separate houses surrounded by estate homes within this exceptional neighborhood. Three suites are 2 bed/1bath and one suite is 1 bed/1 bath totaling 3,423 sf. Only a couple blocks from ASU's New American Film School for 800 students plus faculty, Main Street's vibrant restaurant and retail scene, the Mesa Arts Center, popular museums, and light rail. The property includes lush landscaping along with plenty of parking. Existing long term tenants with annual leases. Rare opportunity in center of highly desired neighborhood. Cap Rate of 5.2%

Elementary School Middle School High School
Emerson Elementary School Carson Junior High School Westwood High School
Price History
12/4/2021 Listed $960,000

General Features

1 Bedroom Units: Avg Rent 775.00
2 Bedroom Units: Avg Rent 1350.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Brick, Frame - Wood
Cooling 2 or More Units, Central A/C, Heat Pump, Window/Wall Unit
Electric City Electric, Individual Meter
Elementary School Emerson Elementary School
Exterior Features Fenced, Green Landscaping, Patio/Balcony
Features No Pool
Gas Y/N City Gas, Individual Meter
Heating 2 or More Units, Central, Electric, Heat Pump, Natural Gas, Window/Wall Unit(s)
High School Westwood High School
Map Code/Grid R39
Middle School Carson Junior High School
Net Income 0.00
New Financing Conventional
Owner Pays Water
Parking >1 Space Per Unit, Other (See Remarks)
Property Type F
Roof Comp Shingle
School District 004 - Mesa Unified District
Sewer Sewer - Public
Status Active
Subdivision MESA CITY ARIZONA
Tenant Pays Cable TV, Electric, Gas
Water City Franchise, Irrigation
Year Built 1957
Zoning DR-2

Interior Features

1 Bedroom Units: # 1 Bedroom Units 1
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 413
2 Bedroom Units: # 2 Bedroom Units 3
2 Bedroom Units: # Baths 3
2 Bedroom Units: Avg Sqft 1003
Appliances Included F/S Oven/Range, Refrigerator, W/D Hookup
Floors Carpet, Ceramic Tile
Total Number of Units 4.00

Exterior Features

Sale Includes Land & Building
Const - Finish Brick Trim/Veneer, Painted
Covered Parking Spcs 0.00
Lot Size Dimensions 65 x 165
Total Parking Spcs 6.00

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 85201

Price
AVG $810K
$960K
Taxes
AVG $1,233
$1,192
Visits
AVG 24
38
Year Built
AVG 1972
1957

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