410 N Drew Street, Mesa, AZ 85201
- $685,000
- Sold Price
- $685,000
- List Price
- $697,500
- Closing Date
- Apr 30, 2019
- Days on Market
- 30
- Status
- CLOSED
- MLS#
- 5881771
- City
- Mesa
- Subdivision
- Towne's West Lots 1-7 & Tract B Amd
- Year Built
- 2002
Property Description
6.2% CAP rate on ACTUAL INCOME & EXPENSES. Extra clean contemporary building with good upside on easy-to-rent units and low expenses. The property consists of 4 separately condo-mapped Town Home units within a 2-story rental building. Constructed in 2002, the building offers 3-bed / 2-bath floor plans of approximately 1060 SF added to over-sized 2-car enclosed garages of another 400 SF. The property was built using upgraded construction components with 2X6 studs, insulated garages, and 12 seer AC units. Amenities include vaulted ceilings, ceiling fans in every room, dual pane windows, full-size washers & dryers, and CAT5 cabling for all media. Operating expenses at the property are very low since TENANTS PAY 100% of their water, sewer, trash, and electric.
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Additional Information
- School District
- Mesa Unified District
- Community Features
- No Pool
- Construction
- Painted, Stucco, Frame - Metal, Frame - Wood
- Cooling
- Central A/C, Electric
- Electric
- City Electric
- Flooring
- Carpet, Ceramic Tile, Vinyl, Wood, Concrete
- Heating
- Individual, Heat Pump, Electric
- New Financing
- Other (See Remarks)
- Parking Features
- Paved Parking, >1 Space Per Unit
- Roofing
- Tile, Built-Up
- Sewer
- Public Sewer
- Subdivision
- Towne's West Lots 1-7 & Tract B Amd
- Taxes
- $1,934
- Tax Year
- 2018
- Tenant Pays
- See Remarks, Trash Collection, Electricity, Water, Sewer, Cable TV
- Units
- 4
- Water
- City Franchise
- Zoning
- C-TC
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Listing courtesy of Kasten Long Commercial Group. Selling Office: Keller Williams Realty Phoenix.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.