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846 N REVERE, Mesa, AZ 85201,Mesa,Maricopa,Multiple Dwellings

  • $850,000
846 N REVERE, Mesa, AZ 85201
Multiple Dwellings Closed

846 N REVERE, Mesa, AZ 85201,Mesa,Maricopa,Multiple Dwellings

846 N REVERE, Mesa, AZ 85201
  • $850,000

Description

Incredible Investment Opportunity in prime Mesa location! This fantastic 4-plex boasts one spacious 3-bedroom, 2-bath unit with an attached garage and three roomy 2-bedroom, 2-bath units, each featuring an in-unit washer/dryer. Ideal for long, short-term or mid-term rental options or an owner-occupant looking to build equity while generating income. The 2-bedroom units come with covered carport parking and extra storage, adding extra convenience for tenants. With all units currently occupied and room for rental increases, this property is primed for solid returns. Each unit is individually metered for electricity, and recent updates include a new AC unit, two new water heaters, and a fresh exterior paint job. Located near popular destinations like the Cubs stadium, Tempe Town Lake, (MORE schools, shopping, and entertainment, this property is a great investment opportunity. Note: Drive-by only – no interior showings until after contract acceptance. Please respect tenant privacy and do not disturb occupants.

Details

Property ID
6775879
Year Built
1984
Updated on November 17, 2024 at 3:01 am

Additional details

  • AdditionalParcelsYN:
  • BuyerAgentKey: 20160114183525578305000000
  • BuyerAgentMlsId: da558
  • BuyerAgentPreferredPhone: 480-209-2615
  • BuyerOfficeEmail: bret.lamberson@russlyon.com
  • BuyerOfficeKey: 20080522003228541636000000
  • BuyerOfficeMlsId: lyon19
  • BuyerOfficeName: Russ Lyon Sotheby's International Realty
  • BuyerOfficePhone: 480-287-5200
  • CloseDate: 2024-11-15
  • ClosePrice: 820000
  • CoListAgentEmail: josh@liveazco.com
  • CoListAgentFirstName: Joshua
  • CoListAgentKey: 20080516021707701942000000
  • CoListAgentLastName: Hogan
  • CoListAgentMlsId: jh736
  • CoListAgentPreferredPhone: 480-369-2880
  • CoListAgentURL: http://liveazco.com
  • CoListOfficeKey: 20210511232635880862000000
  • CoListOfficeMlsId: realbr001
  • CoListOfficeName: Real Broker
  • CommunityFeatures: Other,See Remarks
  • ConstructionMaterials: Stucco,Frame - Wood
  • Cooling: Electric
  • CoveredSpaces: 4
  • CrossStreet: Country Club/University
  • CurrentFinancing: Non Assumable
  • Directions: Go west on Rio Salado from Country Club, N. Revere is about half a mile west on Country Club. The property is on the west side of the street.
  • Disclosures: None
  • DocumentsCount: 0
  • Electric: SRP,Individual Meter
  • ElectricExpense: 0
  • ElementarySchool: Emerson Elementary School
  • ElementarySchoolDistrict: Mesa Unified District
  • FinancialDataSource: Owner
  • Flooring: Ceramic Tile,Vinyl
  • GrossIncome: 65400
  • GrossScheduledIncome: 65400
  • Heating: Electric
  • HighSchool: Westwood High School
  • InsuranceExpense: 1820
  • ListAgentKey: 20120130194408380028000000
  • ListAgentMlsId: js1183
  • ListOfficeKey: 20210511232635880862000000
  • ListOfficeMlsId: realbr001
  • ListingContractDate: 2024-10-25
  • ListingKey: 20241024215912883272000000
  • ListingTerms: Conventional
  • LotSizeArea: 0
  • LotSizeDimensions: 131.90x64.26x132.34x64.27
  • LotSizeSquareFeet: 0
  • MaintenanceExpense: 1929
  • MiddleOrJuniorSchool: Carson Junior High School
  • MlsStatus: Closed
  • ModificationTimestamp: 2024-11-17T00:29:04Z
  • NetOperatingIncome: 55028
  • NumberOfUnitsTotal: 4
  • OffMarketDate: 2024-10-29
  • OpenParkingSpaces: 0
  • OperatingExpense: 12779
  • OriginalEntryTimestamp: 2024-10-25T20:24:54Z
  • OriginatingSystemID: M00000048
  • OriginatingSystemKey: 20241024215912883272000000
  • OriginatingSystemName: Arizona Regional Multiple Listing Service (ARMLS)
  • OtherExpense: 0
  • OwnerPays: Trash Collection,Water,Sewer,Landscaping
  • ParcelNumber: 135-17-310
  • ParkingFeatures: Attached,Common
  • ParkingTotal: 4
  • PhotosChangeTimestamp: 2024-10-25T18:24:56Z
  • PhotosCount: 39
  • PostalCity: Mesa
  • PostalCodePlus4: 7630
  • ProfessionalManagementExpense: 0
  • PublicSurveyRange: 5E
  • PublicSurveySection: 16
  • PurchaseContractDate: 2024-10-28
  • RoadSurfaceType: Asphalt
  • Roof: Rolled/Hot Mop
  • Sewer: Public Sewer
  • SourceSystemID: M00000048
  • SourceSystemKey: 20241024215912883272000000
  • SourceSystemName: Arizona Regional Multiple Listing Service (ARMLS)
  • StateOrProvince: AZ
  • StatusChangeTimestamp: 2024-11-17T00:28:40Z
  • StreetDirPrefix: N
  • StreetName: REVERE
  • StreetNumber: 846
  • StreetSuffix: --
  • TaxBookNumber: 135.00
  • TaxLegalDescription: LOT 14 HERITAGE ESTATES MCR 024706
  • TaxLot: 14
  • TaxYear: 2024
  • TenantPays: Electricity,Cable TV
  • Township: 1N
  • TrashExpense: 0
  • VacancyAllowanceRate: 0
  • VideosCount: 0
  • WaterSewerExpense: 5664
  • WaterSource: City Franchise
  • Zoning: Multi
  • ListAgentFirstName: Jacquelyn
  • ListAgentLastName: Shoffner
  • ListAgentPreferredPhone: 602-881-5494
  • ListAgentURL: LiveAZLoveAZ.com
  • ListOfficeEmail: Membership@TheRealBrokerage.com
  • ListOfficeName: Real Broker
  • ListOfficePhone: 602-755-3415
  • ListOfficeURL: www.joinreal.com
  • ContractStatusChangeDate: 2024-11-16
  • TaxAnnualAmount: 2406
  • InternetConsumerCommentYN:
  • InternetAutomatedValuationDisplayYN:
  • CapRate: 6.47
  • CoListAgentMobilePhone: 480-369-2880
  • StreetNumberNumeric: 846
  • ListAgentFullName: Jacquelyn E Shoffner
  • InternetAddressDisplayYN: 1
  • BuyerAgentFullName: David Arustamian
  • NumberOfBuildings: 1
  • GardenerExpense: 960
  • FuelExpense: 0
  • InternetEntireListingDisplayYN: 1
  • CoListAgentFullName: Joshua Will Hogan

Address

  • Address REVERE
  • City Mesa
  • State/county Maricopa
  • Zip/Postal Code 85201
  • Area HERITAGE ESTATES

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