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161 E 2ND Avenue, Mesa, AZ 85210,Mesa,Maricopa,Multiple Dwellings

  • $750,000
161 E 2ND Avenue, Mesa, AZ 85210
Multiple Dwellings Active

161 E 2ND Avenue, Mesa, AZ 85210,Mesa,Maricopa,Multiple Dwellings

161 E 2ND Avenue, Mesa, AZ 85210
  • $750,000

Description

This well-maintained 4-unit property offers a fantastic investment opportunity with strong rental potential in a desirable location. The building features a new roof and fresh exterior paint, both completed in 2020. Tenants will appreciate the two sets of newer front-loading washer and dryer units, providing added convenience. Each unit is thoughtfully designed for comfort and functionality. Don’t miss this opportunity!

Details

Year Built
1958
Updated on February 28, 2025 at 3:03 pm

Additional details

  • AdditionalParcelsYN:
  • CoListAgentEmail: cindyurtu@gmail.com
  • CoListAgentFirstName: Cynthia
  • CoListAgentKey: 20210525155933810381000000
  • CoListAgentLastName: Urtuzuastegui
  • CoListAgentMlsId: cu022
  • CoListAgentPreferredPhone: 480-399-8816
  • CoListOfficeKey: 20170517173455134598000000
  • CoListOfficeMlsId: wusa92
  • CoListOfficeName: West USA Realty
  • CommunityFeatures: Other
  • ConstructionMaterials: Painted,Block
  • Cooling: Electric
  • CoveredSpaces: 0
  • CrossStreet: MESA DR AND 2ND AVE
  • Directions: Mesa Dr. and Broadway. North to 2nd Ave. west past Hibbert, 2nd property on the left. Drive by only units have tenants.
  • Disclosures: None
  • DocumentsCount: 0
  • Electric: City Electric
  • ElectricExpense: 825
  • ElementarySchool: Lowell Elementary School
  • ElementarySchoolDistrict: Mesa Unified District
  • FinancialDataSource: Owner
  • Flooring: Ceramic Tile,Concrete
  • GrossIncome: 91200
  • GrossScheduledIncome: 45600
  • Heating: Electric
  • HighSchool: Mesa High School
  • InsuranceExpense: 2751
  • ListAgentKey: 20100708224215458552000000
  • ListAgentMlsId: au025
  • ListOfficeKey: 20170517173455134598000000
  • ListOfficeMlsId: wusa92
  • ListingContractDate: 2025-02-28
  • ListingKey: 20250221155631808204000000
  • ListingTerms: Conventional,1031 Exchange
  • LotSizeArea: 0
  • LotSizeDimensions: 12000
  • LotSizeSquareFeet: 0
  • MaintenanceExpense: 224
  • MiddleOrJuniorSchool: Kino Junior High School
  • MlsStatus: Active
  • ModificationTimestamp: 2025-02-28T14:04:29.000Z
  • NetOperatingIncome: 37900
  • NumberOfUnitsTotal: 4
  • OpenParkingSpaces: 8
  • OperatingExpense: 8727
  • OriginalEntryTimestamp: 2025-02-28T15:04:00.000Z
  • OriginatingSystemID: M00000048
  • OriginatingSystemKey: 20250221155631808204000000
  • OriginatingSystemName: Arizona Regional Multiple Listing Service (ARMLS)
  • OwnerPays: Water,Sewer
  • ParcelNumber: 138-48-021
  • ParkingFeatures: >1 Space Per Unit
  • ParkingTotal: 8
  • PhotosChangeTimestamp: 2025-02-28T14:04:01.000Z
  • PhotosCount: 21
  • PostalCity: Mesa
  • PostalCodePlus4: 1495
  • ProfessionalManagementExpense: 586
  • PublicSurveyRange: 5E
  • PublicSurveySection: 22
  • RoadSurfaceType: Gravel,Dirt
  • Roof: Composition
  • Sewer: Public Sewer
  • SourceSystemID: M00000048
  • SourceSystemKey: 20250221155631808204000000
  • SourceSystemName: Arizona Regional Multiple Listing Service (ARMLS)
  • StateOrProvince: AZ
  • StatusChangeTimestamp: 2025-02-28T14:04:00.000Z
  • StreetDirPrefix: E
  • StreetName: 2ND
  • StreetNumber: 161
  • StreetSuffix: Avenue
  • TaxBookNumber: 138.00
  • TaxLegalDescription: MESA PT LOT 6 BLK 18 BEG 50' W OF NE COR LOT 6 BLK 18 TH W 80' TH S 150' E 80' N 150'
  • TaxLot: 6
  • TaxYear: 2024
  • TenantPays: Trash Collection,Electricity,Cable TV
  • Township: 1N
  • VacancyAllowanceRate: 3
  • VideosCount: 0
  • WaterSewerExpense: 1058
  • WaterSource: City Franchise
  • Zoning: 0304-4
  • ListAgentFirstName: Amanda
  • ListAgentLastName: Lynch
  • ListAgentPreferredPhone: 480-319-5232
  • ListOfficeEmail: Duane@westusarealty.com
  • ListOfficeName: West USA Realty
  • ListOfficePhone: 602-942-4200
  • ContractStatusChangeDate: 2025-02-28
  • TaxAnnualAmount: 1520
  • InternetConsumerCommentYN:
  • InternetAutomatedValuationDisplayYN:
  • CapRate: 5.05
  • CoListAgentMobilePhone: 480-399-8816
  • StreetNumberNumeric: 161
  • ListAgentFullName: Amanda Lynch
  • InternetAddressDisplayYN: 1
  • NumberOfBuildings: 1
  • GardenerExpense: 1000
  • InternetEntireListingDisplayYN: 1
  • CoListAgentFullName: Cynthia Urtuzuastegui

Address

  • Address 2ND
  • City Mesa
  • State/county Maricopa
  • Zip/Postal Code 85210
  • Area MESA ARIZONA

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