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240 S Doran

Mesa, AZ 85204
  • $840,000
  • STATUS: Active
  • ID#: 6521234
UPDATED: 64 min ago
$840,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1981
County:
Area:

School Ratings & Info

Description

A Four Unit Cash Cow, all 2 BR, 1 BA apartments kept in great shape. All have Laundry Hookups. 6 Covered Parking Spots with plenty of extra parking. Individually metered so Tenants pay Electric and cable.All have Laundry Hookups. 6 Covered Parking Spots with plenty of extra parking. Individually metered so Tenants pay Electric and cable. All Units Upgraded and Leased through various months in 2025! (See Document Tab). CAP Rate over 7% and could be higher if you maintain the property yourself! This property sits in a great rental area, close to Light Rail and Downtown Mesa and will go fast....Hurry! Drive by only.

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Southern Arizona - The Josh Berkley Team. Data last updated 2023-06-07T08:12:11.393.
www.joshberkley.com/homes/137042426
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240 S Doran Mesa, AZ 85204

  • Price: $840,000
  • Status: Active
  • On Site: Days
  • Updated: 64 min ago
  • ID#: 6521234
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1981
Built
Neighborhood:
Hibbert-Allen Acres Lots 8-20
County:
Maricopa
Area:
Mesa
Property Description
A Four Unit Cash Cow, all 2 BR, 1 BA apartments kept in great shape. All have Laundry Hookups. 6 Covered Parking Spots with plenty of extra parking. Individually metered so Tenants pay Electric and cable.All have Laundry Hookups. 6 Covered Parking Spots with plenty of extra parking. Individually metered so Tenants pay Electric and cable. All Units Upgraded and Leased through various months in 2025! (See Document Tab). CAP Rate over 7% and could be higher if you maintain the property yourself! This property sits in a great rental area, close to Light Rail and Downtown Mesa and will go fast....Hurry! Drive by only.
Exterior Features

Construction Frame - Wood Construction Finish Stucco Covered Parking Spaces 6.00 Lot Size Dimensions 125'X80' Parking >1 Space Per UnitAdd'l Parking Avail Roads Asphalt Roofing Built-UpComp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 784 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included DisposalF/S Oven/RangeRefrigeratorW/D Hookup Cooling Electric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetOtherVinyl Heating Electric

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1463.00 2 Bedroom Units 4 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 68700.00 Annual Ins Exp 2600.00 Annual Ownr Asoc Fee 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 2400.00 Community Amenities No Pool Cross Street E. Broadway Rd. & Stapley Dr. Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas None Gross Annual Sch Inc 68700.00 Hoa YN No Net Operating Income 61900.00 New Financing ConventionalVa Operating Exp 6421.00 Other Income 0.00 Owner Pays SewerTrash CollectionWater Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Mesa Taxes 1421.00 Tenant Pays Electric UCB No Vacancy Allowance 0.00 Water City Franchise Zoning Rm-4

Arizona Regional MLS logo Listing provided by Coldwell Banker Realty: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Southern Arizona - The Josh Berkley Team. Data last updated 2023-06-07T08:12:11.393.
 
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