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5950 E NORLAND Street Mesa, AZ 85215
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Key Details
Sold Price $749,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Loma Vista
MLS Listing ID 6295667
Sold Date 11/19/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $2,381
Tax Year 2021
Property Description
INVESTOR SPECIAL !!! Fully occupied value add opportunity in highly sought after area in Mesa. Close to 202 freeway and new retail shops. This property boast 4 2bd / 2ba with washer and dryers in each unit. Each unit has it own balcony or court yard. There are 4 covered parking spots as well as 4 additional parking spots. The current rents are extremely below market value. All units are in good condition
with minor upgrades needed. Leases start expiring in at the end of October 2021 and the first quarter of 2022. Please check documents for proforma and rental analysis for the area. Tenants pay all expenses except property taxes and insurance. Please contact agent for leases and additional questions.
Location
State AZ
County Maricopa
Community Loma Vista
Zoning RM-3
Interior
Heating Other
Cooling Central A/C, Ceiling Fan(s)
Flooring Wood
Appliance Dishwasher, Refrigerator, WasherDryer
Exterior
Garage Common
Community Features No Pool
Waterfront No
Roof Type Composition
Parking Type Common
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 141-80-388
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Other
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Bought with Realty ONE Group
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