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505 N Williams Street, Mesa, AZ 85203,Mesa,Maricopa,Multiple Dwellings

  • $1,519,000
505 N Williams Street, Mesa, AZ 85203
  • 0
  • Bathroom
  • 1963
  • Year Built
Multiple Dwellings Active

505 N Williams Street, Mesa, AZ 85203,Mesa,Maricopa,Multiple Dwellings

505 N Williams Street, Mesa, AZ 85203
  • $1,519,000

Description

We are pleased to announce Eight on Williams in Mesa. This property is excellent unit mix all two bedroom one bath units. Property has had some recent capital expenders. Newer roof on back building, newer paint and landscaping. Some units have granite counter tops updated kitchens flooring and bathrooms. Garden building in back have private yards. All units have covered parking. Some units have washer/dryer hookups as well. Great opportunity for value you add. Current rents are below market at $1175 Average. Market rents are $1350 to $1450 Projected proforma on property. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of the sale. No showings without accepted contract.

Details

Year Built
1963
Updated on March 23, 2025 at 9:03 pm

Additional details

  • AdditionalParcelsYN:
  • CommunityFeatures: No Pool
  • ConstructionMaterials: Wood Frame,Painted,Block
  • Cooling: Electric
  • CoveredSpaces: 8
  • CrossStreet: University & Stapley
  • CurrentFinancing: Not Applicable
  • Directions: East On University, North on Williams to Property on the Right hand side
  • Disclosures: Seller Prop Disc Stm
  • DocumentsChangeTimestamp: 2025-03-22T22:19:28.000Z
  • DocumentsCount: 0
  • Electric: SRP
  • ElectricExpense: 300
  • ElementarySchool: Field Elementary School
  • ElementarySchoolDistrict: Mesa Unified District
  • FinancialDataSource: Projected Proforma
  • Flooring: Carpet
  • GrossIncome: 100320
  • GrossScheduledIncome: 105600
  • Heating: Other,See Remarks
  • HighSchool: Mountain View High School
  • InsuranceExpense: 2500
  • ListAgentKey: 20071208001920980206000000
  • ListAgentMlsId: ja349
  • ListOfficeKey: 20071206231912029009000000
  • ListOfficeMlsId: trdl01
  • ListingContractDate: 2025-03-22
  • ListingKey: 20250322220735245535000000
  • ListingTerms: Owner May Carry
  • LotSizeArea: 0
  • LotSizeDimensions: IRR
  • LotSizeSquareFeet: 0
  • MaintenanceExpense: 4000
  • MiddleOrJuniorSchool: Poston Junior High School
  • MlsStatus: Active
  • ModificationTimestamp: 2025-03-23T18:06:13.000Z
  • NetOperatingIncome: 78990
  • NumberOfUnitsTotal: 8
  • OpenParkingSpaces: 0
  • OperatingExpense: 21575
  • OriginalEntryTimestamp: 2025-03-23T00:19:28.000Z
  • OriginatingSystemID: M00000048
  • OriginatingSystemKey: 20250322220735245535000000
  • OriginatingSystemName: Arizona Regional Multiple Listing Service (ARMLS)
  • OtherExpense: 0
  • OwnerPays: Trash Collection,Water,Sewer
  • ParcelNumber: 137-37-049
  • ParkingFeatures: Carport
  • ParkingTotal: 8
  • PhotosChangeTimestamp: 2025-03-23T18:05:45.000Z
  • PhotosCount: 8
  • PostalCity: Mesa
  • ProfessionalManagementExpense: 5760
  • RoadSurfaceType: Treated
  • Roof: Composition
  • Sewer: Public Sewer
  • SourceSystemID: M00000048
  • SourceSystemKey: 20250322220735245535000000
  • SourceSystemName: Arizona Regional Multiple Listing Service (ARMLS)
  • StateOrProvince: AZ
  • StatusChangeTimestamp: 2025-03-22T22:19:28.000Z
  • StreetDirPrefix: N
  • StreetName: Williams
  • StreetNumber: 505
  • StreetSuffix: Street
  • TaxBookNumber: 137.00
  • TaxLot: 49
  • TaxYear: 2024
  • TrashExpense: 3000
  • VacancyAllowanceRate: 0.05
  • VideosCount: 0
  • WaterSewerExpense: 3000
  • WaterSource: City Franchise
  • Zoning: R
  • ListAgentFirstName: Jacob
  • ListAgentLastName: Allen
  • ListAgentPreferredPhone: 602-228-1941
  • ListAgentURL: www.tradelands-mgt.com
  • ListOfficeEmail: nsatradelands@hotmail.com
  • ListOfficeFax: 480-699-6186
  • ListOfficeName: Tradelands Realty
  • ListOfficePhone: 480-610-6833
  • ContractStatusChangeDate: 2025-03-22
  • TaxAnnualAmount: 1815
  • InternetConsumerCommentYN:
  • InternetAutomatedValuationDisplayYN:
  • CapRate: 5.2
  • StreetNumberNumeric: 505
  • ListAgentFullName: Jacob Allen
  • InternetAddressDisplayYN: 1
  • NumberOfBuildings: 4
  • GardenerExpense: 1200
  • FuelExpense: 0
  • InternetEntireListingDisplayYN: 1

Address

  • Address Williams
  • City Mesa
  • State/county Maricopa
  • Zip/Postal Code 85203
  • Area KO KO PALMS 2

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