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834 N CHERRY -- 1

Mesa, AZ 85201

MLS#: 7012894

$707,000

Status: Active
Listing number: 7012894
Listing provided by: CTS Realty
Listing agent phone: None
Last update: 13 days ago
On site: a month ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1984

Sq.Footage

0

**WELL-MAINTAINED, TURN-KEY** 4-Plex with NO HOA is located in a HIGH-DEMAND, QUITE Mesa neighborhood~The property is PROFESSIONALLY-MANAGED, has LONG-TERM Tenants, resulting in LOW vacancy-rates and REDUCED operating-expenses~ALL (4) units are 2 bed/1 bath, and are individually-metered for electricity~LINEAR parking provides, TWO vehicle-spaces per unit~The ground-floor units include PRIVATE-ENCLOSED yard-areas, two units are FULLY-REMODELED and the other two are UPDATED~The property location offers Tenants a suburban-feel with convenient access to modern amenities such as - Mesa Riverview, Mesa Grand , Superstition Springs and Tempe Marketplace - Westwood High School, Mesa Community College and ASU - Tempe Campus are also nearby~ 101 and 202 interchange, Phoenix Sky Harbor, Mesa Gateway airports, are all close, for easy commuting and traveling~Long-term Tenants have rents "relatively below-market," creating a potential opportunity for value-enhancement in a submarket where renovated and updated units are leasing for OVER $1,375 to $1,500

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Heat Pump, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick Veneer, Board & Batten Siding

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $707,000

  • Tax Amount

    $1,533

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Mesa Unified District

  • Middle School

    Taylor Junior High School

  • High School

    Westwood High School

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    N/A

  • Water Source

    Public

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Location

County

Maricopa

Elementary School

Mesa Unified District

Middle School

Taylor Junior High School

High School

Westwood High School

Listing Courtesy of Sherry A McQueen , CTS Realty

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Mandy Gold

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(520) 335-3204

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**WELL-MAINTAINED, TURN-KEY** 4-Plex with NO HOA is located in a HIGH-DEMAND, QUITE Mesa neighborhood~The property is PROFESSIONALLY-MANAGED, has LONG-TERM Tenants, resulting in LOW vacancy-rates and REDUCED operating-expenses~ALL (4) units are 2 bed/1 bath, and are individually-metered for electricity~LINEAR parking provides, TWO vehicle-spaces per unit~The ground-floor units include PRIVATE-ENCLOSED yard-areas, two units are FULLY-REMODELED and the other two are UPDATED~The property location offers Tenants a suburban-feel with convenient access to modern amenities such as - Mesa Riverview, Mesa Grand , Superstition Springs and Tempe Marketplace - Westwood High School, Mesa Community College and ASU - Tempe Campus are also nearby~ 101 and 202 interchange, Phoenix Sky Harbor, Mesa Gateway airports, are all close, for easy commuting and traveling~Long-term Tenants have rents "relatively below-market," creating a potential opportunity for value-enhancement in a submarket where renovated and updated units are leasing for OVER $1,375 to $1,500

834 N CHERRY -- 1

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