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860 E BROWN Road #57 Mesa, AZ 85203
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Key Details
Sold Price $585,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Sun Gardens Replat
MLS Listing ID 6023243
Sold Date 03/17/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1980
Annual Tax Amount $1,603
Tax Year 2019
Lot Dimensions IRR
Property Description
Amazing cash flow with recent rehab!!
Units are designed such that tenants are never above/beneath one another. Each tenant has a 1 car garage, private patios, all units are sub-metered for water (so that tenants may be charged direct). Community has a pool/laundromat. Unit 57 is a single level 3 bedroom & 2 full baths with inside laundry & covered patio - $1461 rent. Unit 58 is a two story unit which includes 2 bedrooms 1.50 bath & covered patio - $1280 rent. Unit 59 is single story with 2 bedrooms & 1.50 baths and includes inside laundry - rent is $1139. Unit 60 is a two story with 2 bedrooms & 1.50 baths - rent is $1049. HOA is $396/month, water is ~$240/month, taxes are $1455/year. Tenants pay electric. Financials, Community/unit floor plans and maps are attached in docs tab.
Location
State AZ
County Maricopa
Community Sun Gardens Replat
Zoning MULTI
Direction WEST TO 860 EAST BROWN, NORTH INTO COMPLEX
Interior
Heating Heat Pump, Electric
Cooling Electric, Ceiling Fan(s)
Flooring Concrete
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, WD Hookup, Microwave
Exterior
Community Features Manager Res/Office, Pool
Roof Type Composition
Total Parking Spaces 3808
Garage Yes
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise, Submetered System
New Construction No
Schools
Elementary Schools Mesa Academy For Advanced Studies
Middle Schools Mesa Academy For Advanced Studies
High Schools Mesa Academy For Advanced Studies
School District Mesa Unified District
Others
Senior Community No
Tax ID 137-09-328
Acceptable Financing Conventional
Listing Terms Conventional
Financing Other
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