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$825,000 (USD)
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Mesa Area Multi-Family Home

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1146 E 2nd Street Mesa, AZ 85203

Bed
0 Baths
sqft
MLS# 6922706
TURNKEY, Cash-Flowing, Well Maintained, Fully Leased & Remodeled 4-plex in Prime Mesa Location near Downtown & only 3 blocks from Stapley/Main Light Rail
Station. Each large Fully Remodeled Unit has 2-bedrooms, 2-baths & 1,004 sq. ft.
Upgrades include New Luxury Vinyl Plank Flooring in the Living areas and carpeting in the bedrooms. Also New Shaker Cabinets, Appliances, New Interior Trim, Doors & Interior Paint. Complete Roof
Replacement in 2021, Newer Entry Deck Surfacing for 2nd floor Units C & D, New
Composition Mansard Roof Walls, and New Masonry Block Privacy Fencing. First floor units have Private Yards & Covered Patios. HVAC Units and Water Heaters are Newer With over $150k Invested in improvements. No HOA. **Please Do Not Disturb Tenants - Drive By Only!** Each Unit has One Covered Parking Space plus a 2nd uncovered Space and a Storage Unit. Units are Currently Rented at Market Rate with Strong Tenant Occupancy. Upstairs Units Lease for $1,400/month & Downstairs Units for $1,495/month, Producing a Gross Monthly Income of $5,790 ($69,480 Annually) plus laundry room income and a 7.14 Cap Rate. The On-site Laundry is not only convenient but produces additional revenue annually of $1280.

Truly an Excellent Investment with Updated Units, Stable Rents, and a Prime Location near Mesa's Growing Downtown Corridor. and Great for Seasoned or New investors **PLEASE DO NOT DISTURB OCCUPANTS**
Listing Courtesy of Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / George Akers
$455,000 (USD)
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Mesa Area Single Family Home

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261 N Hunt Drive E Mesa, AZ 85203

4 Bed
2 Baths
1794 sqft
MLS# 6918896
Step into your new home in the heart of Mesa! This charming 4-bedroom, 2-bathroom block construction home is nestled in an established neighborhood with mature landscaping and welcoming curb appeal. The home's interior features a neutral color palette, creating a serene and versatile backdrop for your personal style.

The heart of the home is a large, eat-in kitchen designed for both everyday living and entertaining. It boasts granite counters, tiled backsplash, an island, a convection oven, and an induction cooktop, making it a chef's dream. With an abundance of storage, you'll have a place for everything. The primary bedroom offers a tranquil retreat with a step-in shower in the bathroom and a roomy, walk-in closet. Ceiling fans throughout the home provide comfort and energy efficiency.

Step outside to your large, covered back patio, perfect for relaxing or hosting gatherings year-round. The huge storage shed offers plenty of storage space, shelving and a workbench for all those handyman projects.

Other notable features of this home include metal shutters for energy conservation and added security for peace of mind.

Located close to the light rail, this home offers convenience and easy access to all that the city has to offer. Don't miss the opportunity to make this classic Mesa property your own!
Listing Courtesy of Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / Steven Cvetanovich