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507 S Hall Street, Mesa, AZ 85204,Mesa,Maricopa,Multiple Dwellings

  • $820,000
507 S Hall Street, Mesa, AZ 85204
Multiple Dwellings Closed

507 S Hall Street, Mesa, AZ 85204,Mesa,Maricopa,Multiple Dwellings

507 S Hall Street, Mesa, AZ 85204
  • $820,000

Description

Owner would prefer to sell with 517 S Hall St. Owner self managed. Owner has recently installed fencing giving each unit significant private space. This will make the units much more marketable in the future, and will shift the exterior maintenance for the private spaces from the obligation of the landlord to the obligation of the tenant. An ADA sidewalk from the front to the back was also installed. Rent was also increased to at least $1400 for all tenants except unit D. All tenants are month to month Except unit D, and all would like to stay. Opportunity to improve numbers and get economies of scale with upgrades and buying both units. both units.

Details

Property ID
6681066
Year Built
1962
Updated on September 17, 2024 at 11:01 am

Additional details

  • AdditionalParcelsYN:
  • BuyerAgentKey: 20071208001650549151000000
  • BuyerAgentMlsId: dg281
  • BuyerAgentPreferredPhone: 480-677-4300
  • BuyerOfficeEmail: andrew@myhomegroup.com
  • BuyerOfficeKey: 20191007170918520396000000
  • BuyerOfficeMlsId: myhg34
  • BuyerOfficeName: My Home Group Real Estate
  • BuyerOfficePhone: 480-685-2760
  • CloseDate: 2024-09-16
  • ClosePrice: 800000
  • CommunityFeatures: No Pool
  • ConstructionMaterials: Brick Veneer,Painted,Block
  • Cooling: Individual,Heat Pump,Electric
  • CoveredSpaces: 4
  • CrossStreet: BROADWAY & GILBERT
  • CurrentFinancing: Non Assumable
  • Disclosures: None
  • DocumentsCount: 0
  • Electric: SRP
  • ElectricExpense: 0
  • ElementarySchoolDistrict: Mesa Unified District
  • FinancialDataSource: Owner
  • Flooring: Concrete
  • GrossIncome: 61560
  • GrossScheduledIncome: 64800
  • Heating: Heat Pump,Electric
  • InsuranceExpense: 1039
  • ListAgentHomePhone: 480-228-4509
  • ListAgentKey: 20071208001854481163000000
  • ListAgentMlsId: gs133
  • ListOfficeKey: 20071206231739123494000000
  • ListOfficeMlsId: reax09
  • ListingContractDate: 2024-03-19
  • ListingKey: 20240318230557673472000000
  • ListingTerms: Conventional,FHA,Wraparound
  • LotSizeArea: 0
  • LotSizeDimensions: IRR
  • LotSizeSquareFeet: 0
  • MaintenanceExpense: 2000
  • MlsStatus: Closed
  • ModificationTimestamp: 2024-09-17T08:10:33Z
  • NetOperatingIncome: 45512
  • NumberOfUnitsTotal: 4
  • OffMarketDate: 2024-09-16
  • OpenParkingSpaces: 0
  • OperatingExpense: 16048
  • OriginalEntryTimestamp: 2024-03-22T21:18:09Z
  • OriginatingSystemID: M00000048
  • OriginatingSystemKey: 20240318230557673472000000
  • OriginatingSystemName: Arizona Regional Multiple Listing Service (ARMLS)
  • OtherExpense: 0
  • OwnerPays: Water,Sewer
  • ParcelNumber: 139-54-034
  • ParkingFeatures: 1 Space/Unit
  • ParkingTotal: 4
  • PhotosChangeTimestamp: 2024-05-28T16:13:36Z
  • PhotosCount: 13
  • PostalCity: Mesa
  • PriceChangeTimestamp: 2024-05-16T01:39:59Z
  • ProfessionalManagementExpense: 6000
  • PurchaseContractDate: 2024-08-16
  • RoadSurfaceType: Asphalt
  • Roof: Composition
  • Sewer: Public Sewer
  • SourceSystemID: M00000048
  • SourceSystemKey: 20240318230557673472000000
  • SourceSystemName: Arizona Regional Multiple Listing Service (ARMLS)
  • StateOrProvince: AZ
  • StatusChangeTimestamp: 2024-09-17T08:09:57Z
  • StreetDirPrefix: S
  • StreetName: Hall
  • StreetNumber: 507
  • StreetSuffix: Street
  • TaxBookNumber: 139.00
  • TaxLot: 34
  • TaxYear: 2023
  • TenantPays: Electricity,Cable TV
  • TrashExpense: 0
  • VacancyAllowanceRate: 0.05
  • VideosCount: 0
  • WaterSewerExpense: 5479
  • WaterSource: City Franchise
  • Zoning: MULTI
  • ListAgentFax: 480-295-7964
  • ListAgentFirstName: George
  • ListAgentLastName: Saiki
  • ListAgentPager: 480-228-4509
  • ListAgentPreferredPhone: 480-228-4509
  • ListAgentURL: www.georgesellsphoenix.com
  • ListOfficeEmail: dpatricklewis@gmail.com
  • ListOfficeFax: 480-991-7161
  • ListOfficeName: Realty Executives
  • ListOfficePhone: 480-948-9450
  • ListOfficeURL: www.realtyexecutives.com
  • ContractStatusChangeDate: 2024-09-17
  • TaxAnnualAmount: 1530
  • InternetConsumerCommentYN:
  • InternetAutomatedValuationDisplayYN:
  • CapRate: 5.55
  • StreetNumberNumeric: 507
  • ListAgentFullName: George Saiki
  • InternetAddressDisplayYN: 1
  • BuyerAgentFullName: Damian Godoy
  • NumberOfBuildings: 1
  • GardenerExpense: 0
  • FuelExpense: 0
  • InternetEntireListingDisplayYN: 1

Address

  • Address Hall
  • City Mesa
  • State/county Maricopa
  • Zip/Postal Code 85204

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