Price Reduction
Address
20 W UNIVERSITY Drive # FRNT, Mesa, AZ
Price
$ 375,000
Property Attributes
- MLS#6675094
- TypeMulti-Family
- CountyMARICOPA
- CityMesa
- NeighborhoodMESA ARIZONA
- Zip85201
- StyleMultiple Dwellings
- Year Built1953
- Taxes$ 700
- Price$ 375,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
Great Duplex Opportunity in growing area. This property is located almost at the corner of University Drive and Center, near Downtown Mesa, Mesa Amphitheatre, and Convention Center. This investment opportunity holds 2 Units - each are around 860 SF with huge upside potential. The current rents even at current rates are well below the market. Its location makes this a great fix and hold. Units at this size are rare. Large Patios and extra storage space. One of the AC units has just been replaced. The Car Wash next store is also available which makes this an even better opportunity to redevelop or add more units.
| Price History | |
|---|---|
| 3/28/2024 | Listed $399,000 |
| 4/30/2024 | 7% - $375,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric |
| Cooling | Central A/C |
| Roof | Composition |
| Zoning | DB-1 |
| Construction Materials | Painted,Block |
| Year Built | 1953 |
| Electric | SRP |
| Tenant Pays | Trash Collection,Gas,Electricity,Water,Sewer,Cable TV |
| Township | 1N |
| Unit Number | FRNT |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Gross Income | 0.0 |
| OwnerPays | None |
| Community Features | No Pool |
| County | Maricopa |
| Net Operating Income | 0.0 |
| Operating Expense | 700.0 |
| Property Type | Multiple Dwellings |
| Attached Garage | No |
| Subdivision Name | MESA ARIZONA |
| Garage Y/N | No |
| Status | Active |
| Directions | From Mesa dr,head West on University dr and property will be on the right. From Country Club,head East and property will be on the left. |
| City | Mesa |
| Buyer Agent Compensation | 3.00 |
| Disclosures | None |
| View Y/N | No |
| High School District | Mesa Unified District |
| Open Parking Spaces | 4.0 |
| Total Units | 2 |
| Lot Size Square Feet | 0.0 |
| Carport Y/N | No |
| Street Name | UNIVERSITY |
| Tax Annual Amount | 700.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 53 |
| Standard Status | Active |
| Elementary School District | Mesa Unified District |
| Tax Lot | 112 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| Ownership | Fee Simple |
| Senior Community | No |
Interior Features
| Flooring | Ceramic Tile |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | Drive |
| Electric On Property Y/N | No |
Exterior Features
| Parking Features | >1 Space Per Unit |
|---|---|
| Water Source | City Franchise |
| Total Parking | 4.0 |
| Lot Size Area | 0.0 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 6,273 |
| Lot Size Acres | 0.0 |
| Road Surface Type | Asphalt |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 85201
Price
Taxes
Visits
Year Built
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