Pending Multi-Family MLS# 6861620

1138 E 2ND Street

Mesa, AZ 85203

$720,000

About 1138 E 2ND Street

Prime Mesa Investment Opportunity! This 4-plex offers 4 spacious 2-bed, 2-bath, 1000sqft units with strong upside potential. First-floor units boast remodeled kitchens, all-tile floors, and large fenced yards. Upstairs, Unit D features vinyl floors and a remodeled kitchen; Unit C has a remodeled kitchen, laminate in living areas, and carpeted bedrooms. Most windows upgraded to vinyl dual-pane. Separate laundry building with owned coin machines generates ~$1,500/yr, plus tenant storage. Long-term tenants at below-market rents offer significant rent increase potential. Steps from light rail. Owner pays water, sewer, trash, and laundry power. See APOD in docs. Buyer/agent to verify all info. Act now for great cash flow potential!

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Pending
Year built
1973
Original price
$775,000
MLS #
6861620

Interior

Features
Central Air, Other, Carpet, Ceramic Tile, Vinyl
Flooring
Carpet, Ceramic Tile, Vinyl
Heating
Other
Cooling
Central Air

Exterior & lot

Features
Sidewalk(s), Carport, Parking spaces: 6
Construction
Wood Frame, Painted, Other, Built-Up, Foam, Shake
Roof
Other, Built-Up, Foam, Shake
Lot
MULTI, 13820103
Parking
Carport

Schools

District
Mesa Unified District

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,543
Tax year
2024
Parcel
13820103

Location

Subdivision
SUBURBAN GARDENS 2
County
Maricopa
Neighborhood
Harrison Acres
Community
Maricopa, Concrete, Asphalt, Arizona Regional Multiple Listing Service 2, Mesa Unified District
Directions
South on Stapley, West on 2nd St

Location

Neighborhood
Harrison Acres
Subdivision
SUBURBAN GARDENS 2
School district
Mesa Unified District

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Listed by Dale Eames, Professional Real Estate Negotiators

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.