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260 W 8TH Avenue #37 Mesa, AZ 85210
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Key Details
Sold Price $560,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Amberwood Manor Amd
MLS Listing ID 6268323
Sold Date 09/17/21
Maintenance Fees $600
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $1,397
Tax Year 2020
Lot Dimensions 5,554 sq ft
Property Description
Very clean 4-plex in HIGHLY DESIRABLE Amberwood Manor community. Fantastic central Mesa location with below market rents makes this an AMAZING INVESTMENT opportunity. All four (4) units are 2BR/1BA are individually metered and occupied with stable long-term tenants. Current monthly rents provide steady income ~$3200 and are significantly below market for the area with room to raise. Turn-key investment with several new appliances and improvements (2019 and 2020). HOA covers common area maintenance and trash.
Location
State AZ
County Maricopa
Community Amberwood Manor Amd
Zoning RM-3
Direction South on Country Club to 8th Ave, East to complex (Amberwood Manor).
Interior
Heating Electric
Cooling Central A/C, Electric
Flooring Ceramic Tile
Appliance BI Oven/Range
Exterior
Parking Features <1 Space Per Unit
Community Features Play Area, No Pool
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Guerrero Elementary School
Middle Schools Rhodes Junior High School
High Schools Dobson High School
School District Mesa Unified District
Others
Senior Community No
Tax ID 139-40-171
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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