Solid 4plex in the heart of Mesa with all 2 bedroom units. Over 800 SF/units with tenant paid individually metered electric. Built in 1985. Rents below market ($600/unit) offering a nice value-add opportunity. All units include stove, frig, and window treatments. 3 of 4 units have dishwashers. One unit remodeled in 2016. Located within the Amberwood Manor complex. Within walking distance to CC/Main light rail station. Professionally managed with some long-term tenants. Reasonable HOA fees of $300/month, providing a low-maintenance investment. Expenses are pro forma. Buyer to complete and rely on own due diligence. No interior showings until accepted offer. Hard to find a nice 4plex in this price range in Mesa.
Off market
Zestimate®
$547,400
260 W 8th Ave #26, Mesa, AZ 85210
--beds
0baths
--sqft
MultiFamily
Built in 1985
-- sqft lot
$547,400 Zestimate®
$--/sqft
$1,374 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Heat pump
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Flooring: Carpet, Linoleum / Vinyl
Property
Parking
- Parking features: Carport
Lot
- Size: 4,791 sqft
Details
- Parcel number: 13940160
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1985
Utilities & green energy
- Electric: City Electric
- Sewer: Sewer-In & Connected, Sewer - Public
Community & neighborhood
Location
- Region: Mesa
Other
Other facts
- Ownership: Fee Simple
- Community Amenities: No Pool, Play Area
- Cooling: Individual
- Electric: City Electric
- Exterior Amenities: Separate Storage, Green Landscaping
- Heating: Electric
- Interior Amenities: Mini Blinds, Unfurnished
- Parking: Add'l Parking Avail, 1 Space/Unit
- Project Type: Four Plex
- Sewer: Sewer-In & Connected, Sewer - Public
- Water: City Franchise
- Water: Master Meter
- Sale Includes: Land & Building
- Construction: Frame - Wood
- Const - Finish: Painted, Stucco
- Appliances Included: Other (See Remarks)
- Owner Pays: Water, Sewer
- Tenant Pays: Electric
- Source of Fincl Data: Provided by Owner, Projected Proforma
- New Financing: Conventional, No Carry, 1031 Exchange
- Income & Expenses: Owner Association: Yes
- Jr. High School: Other
- Elementary School: Other
- High School: Other
- Tax Municipality: Mesa
- Status - Contingent: UCB (Under Contract-Backups)
- Roads/Streets: Asphalt/Blacktop
- Ownership: Fee Simple
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Estimated market value
$547,400