x
Address
260 W 8Th Avenue, Unit 2 Mesa, AZ
Price
$ 387,000
Property Attributes
  • MLS#5978235
  • TypeBackup
  • CountyMARICOPA
  • CityMesa
  • NeighborhoodAmberwood Manor Amd Lot 1-41 Tr A-R
  • Zip85210
  • Style
  • Year Built1985
  • Taxes1348
  • Price$ 387,000
  • Bedrooms8
  • Full Bathrooms16
  • Half Bathrooms0
Listing Provided Courtesy Of:
Distinguished Properties
Property Description

Plug and Play - easy out-of-state owner/mgr 4-plex (4 units per building) investment opportunity. There are a total of 6 buildings (24 units in total) for sale in this complex (3 different owners). Owner just pays the water/trash which averages $225/month. HOA is ~$315/month. No landscape maintenance! Units have washer/dryer hook-ups and 2nd level outdoor balconies. Current rents within these 6 buildings range from $725 to $850 with community rents as high as $1100 (units in the same complex/same condition)! The last building just sold for $438,000 - take advantage of the instant equity and buy all 6 (they can be sold separately as well). Buildings for sale are buildings #2, #4, #5, #11, #13 and #25.

Price History
9/13/2019 Listed $410,000
10/18/2019 6% - $387,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Frame - Wood, Frame - Metal, Other (See Remarks)
Elementary School Other
Features No Pool, Other (See Remarks)
High School Other
Map Code/Grid R39
Middle School Other
Net Income 0.00
New Financing Other (See Remarks)
Owner Pays Water, Sewer, Trash, Other (See Remarks)
Property Type F
School District 004 - Mesa Unified District
Status Active
Subdivision AMBERWOOD MANOR AMD LOT 1-41 TR A-R
Tenant Pays Electric
Unit Number 2
Year Built 1985
Zoning R3

Interior Features

2 Bedroom Units: # 2 Bedroom Units 4
2 Bedroom Units: # Baths 4
Appliances Included W/D Hookup, Other (See Remarks)
Cooling Central A/C, Other (See Remarks)
Electric APS, Individual Meter, Other (See Remarks)
Floors Carpet, Vinyl/Composition
Gas None
Heating Electric, Other (See Remarks)
Interior Features Unfurnished
Total Number of Units 4.00

Exterior Features

Sale Includes Building(s) Only, Land & Building, Other (See Remarks)
Const - Finish Painted, Stucco
Covered Parking Spcs 4.00
Exterior Features Other (See Remarks)
Lot Size Dimensions 80X83
Parking Carport, >1 Space Per Unit
Roof Comp Shingle, Other (See Remarks)
Sewer Other (See Remarks)
Total Parking Spcs 6.00
Water Master Meter, City Franchise, Other (See Remarks)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85210

Price
AVG $290K
$390K
Taxes
AVG $1,160
$1,348
Visits
AVG 56
78
Year Built
AVG 1987
1985

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