Listing Courtesy of: Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / Ken Tasopulos
38 N Santa Barbara Street Mesa, AZ 85201
Sold (286 Days)
$2,800,000
Description
MLS #:
6524301
6524301
Taxes
$1,628
$1,628
Type
Multifamily
Multifamily
Year Built
1985
1985
County
Maricopa County
Maricopa County
Listed By
Ken Tasopulos, Better Homes And Gardens Real Estate S.J. Fowler
Bought with
Non-Mls Agent, Non-Mls Office
Non-Mls Agent, Non-Mls Office
Source
Arizona Regional MLS
Last checked Dec 6 2024 at 12:08 AM MST
Arizona Regional MLS
Last checked Dec 6 2024 at 12:08 AM MST
Bathroom Details
Heating and Cooling
- Electric
- Individual
- Heat Pump
Exterior Features
- Stucco
- Painted
- Frame - Wood
- Roof: Composition
Utility Information
- Sewer: Public Sewer
Parking
- >1 Space Per Unit
- Free
- Street Parking
- Paved Parking
Disclaimer: Listing Data Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 12/5/24 16:08.
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 12/5/24 16:08.
Exterior amenities consist of: fresh paint; several main level units with walk-out private yards; an abundance of off-street private parking; and upgraded low cost/maintenance desert landscaping. The roofs on all 3 buildings were replaced in Dec-2019.
Demand is high for these units as they are located near the highly sought-after Valley Metro Light Rail Line as well as within close proximity of the 101 freeway and ASU. The nearby employment base is vast which consists of large & small employers. The district serves its residents well by providing an abundance of choices related to shopping, dining, entertainment, schools and hospitals.
As such, this investment offers a hassle-free investment opportunity as it is stabilized, fully renovated and has a strong revenue stream right at acquisition. All 3 fourplexes are side-by-side with each having their own parcel numbers. Therefore, this package offering is conducive to either Commercial or Residential Financing.
Furthermore, this complex is located within a City of Mesa Opportunity Zone which continues to attract more investors in substantially improving existing properties within the district. Large new developments have also been completed with others in the pipeline. More information on the Opportunity Zone can be found at: www.selectmesa.com/business-environment/incentives-programs/opportunity-zones
Buyer to verify all facts and figures. Drive by only...please do not disturb residents.