x
Address
260 W 8Th Avenue, Unit 4 Mesa, AZ
Price
$ 387,000
Property Attributes
  • MLS#5978306
  • TypeBackup
  • CountyMARICOPA
  • CityMesa
  • NeighborhoodAmberwood Manor Amd Lot 1-41 Tr A-R
  • Zip85210
  • Style
  • Year Built1985
  • Taxes1350
  • 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)
Parking Carport, >1 Space Per Unit
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 4
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
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 $310K
$390K
Taxes
AVG $1,242
$1,350
Visits
AVG 90
69
Year Built
AVG 1989
1985

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