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Michelle Quackenbush

azbrokeronline@gmail.com +1(602) 999-2627

$ 720,000

Est. payment -/mo

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Pending

1138 E 2ND Street Mesa, AZ 85203

8 Beds

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Suburban Gardens 2

MLS Listing ID 6861620

Bedrooms 8

Year Built 1973

Annual Tax Amount $1,543

Tax Year 2024

Lot Dimensions 6897

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Prime Mesa Investment Opportunity! This 4-plex offers 4 spacious 2-bed, 2-bath, 1000sqft units with strong upside potential. First-floor units boast remodeled kitchens, all-tile floors, and large fenced yards. Upstairs, Unit D features vinyl floors and a remodeled kitchen; Unit C has a remodeled kitchen, laminate in living areas, and carpeted bedrooms. Most windows upgraded to vinyl dual-pane. Separate laundry building with owned coin machines generates ~$1,500/yr, plus tenant storage. Long-term tenants at below-market rents offer significant rent increase potential. Steps from light rail. Owner pays water, sewer, trash, and laundry power. See APOD in docs. Buyer/agent to verify all info. Act now for great cash flow potential!

Location

State AZ

County Maricopa

Community Suburban Gardens 2

Area Maricopa

Zoning MULTI

Direction South on Stapley, West on 2nd St

Interior

Heating Other, See Remarks

Cooling Central Air

Flooring Carpet

Appliance Free-Standing Range, Microwave

Exterior

Exterior Feature Sidewalk(s)

Parking Features Carport

Community Features Other, See Remarks

Roof Type Other,Built-Up,Foam,Shake

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

Structure Type Sidewalk(s)

New Construction No

Schools

School District Mesa Unified District

Others

Senior Community No

Tax ID 138-20-103

Ownership Fee Simple

Acceptable Financing Other (See Remarks)

Disclosures Other (See Remarks)

Listing Terms Other (See Remarks)

Listed by Professional Real Estate Negotiators • Dale Eames

Nearby School & Business

Michelle Quackenbush

Agent

+1(602) 999-2627

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