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Michelle Quackenbush

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

$ 850,000

Est. payment -/mo

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240 S Doran Circle Mesa, AZ 85204

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Hibbert-Allen Acres Lots 1-4

MLS Listing ID 6901811

Year Built 1981

Annual Tax Amount $1,439

Tax Year 2024

Lot Dimensions 125'x80'

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Investor's dream**DO NOT DISTURB OCCUPANTS**
Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained. Fully occupied. Built in 1981. 10,000 sqft lot
The current rents are $1,500/month/unit. Total of $6,000/month. Tenants never pay late. Tile floors throughout in unit 1, 2, 3. LVP in unit 4. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. Individual laundry inside each unit, with drain. Four individual storage units. 6 covered parking spots. Two additional uncovered. New roof in 2024. New AC unit in Unit 2 in 2024. ACs regularly maintained

Location

State AZ

County Maricopa

Community Hibbert-Allen Acres Lots 1-4

Zoning RM-4

Direction Head north on Stapley. Turn right on E. Dana Ave. Next turn right on S. Doran. Property will be ahead on your right.

Interior

Heating Electric

Cooling Electric

Flooring Ceramic Tile, Vinyl

Appliance Free-Standing Range, Refrigerator, Washer/Dryer, W/D Hookup

Exterior

Parking Features Add'l Parking Avail, >1 Space Per Unit

Community Features No Pool

Roof Type Composition,Built-Up

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Longfellow Elementary School

Middle Schools Poston Junior High School

High Schools Mesa High School

School District Mesa Unified District

Others

Senior Community No

Tax ID 138-14-012-D

Acceptable Financing No Carry, Conventional, 1031 Exchange, FHA

Listing Terms No Carry, Conventional, 1031 Exchange, FHA

Listed by Better Homes & Gardens Real Estate SJ Fowler

Michelle Quackenbush

Agent

+1(602) 999-2627

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