Address
434 N Hill -- Mesa, AZ
Price
$ 1,750,000
Property Attributes
  • MLS#6314937
  • TypeMulti-Family
  • CountyMARICOPA
  • CityMesa
  • NeighborhoodKo Ko Palms
  • Zip85203
  • Style
  • Year Built1963
  • Taxes$ 2075
  • Price$ 1,750,000
  • Bedrooms17
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage8090
Listing Provided Courtesy Of:
ABI Multifamily
Data Source:
Arizona Regional MLS (ARMLSN) - 22 - AZ
Property Description

Come see this great 12-unit, that could easily become 13-unit, property in the booming Mesa market! This stabilized property is one with value-add opportunities through interior and exterior renovations, and is sure to be cash cow for it's next owner! Most recent one bedroom unit just leased at $1,000/mo. Market rent for the 2-bedroom units are $1,150/mo. Drive By Only! Do Not Disturb Tenants! Contact agent for more information.

Price History
11/1/2021 Listed $1,750,000

General Features

1 Bedroom Units: Avg Rent 950.00
2 Bedroom Units: Avg Rent 1050.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Cooling Electric
Electric SRP
Features No Pool
Gas Y/N City Gas
Heating Electric
Map Code/Grid Q39
Net Income 20000.00
New Financing CTL
Owner Pays Electric, Gas, Sewer, Water
Parking <1 Space Per Unit, Street Parking
Property Type F
Public Remarks Come see this great 12-unit, that could easily become 13-unit
Roof Comp Shingle
School District 004 - Mesa Unified District
Sewer Sewer - Public
Status Active
Subdivision Ko Ko Palms
Tenant Pays Electric, Other (See Remarks)
Water City Franchise
Year Built 1963
Zoning RM-3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 7
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 500
2 Bedroom Units: # 2 Bedroom Units 5
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 918
Appliances Included BI Oven/Range, Refrigerator
Floors Ceramic Tile
Total Number of Units 12.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 4.00
Lot Size Dimensions unknown
Total Parking Spcs 6.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85203

Price
AVG $1.75M
$1.75M
Taxes
AVG $2,075
$2,075
Visits
AVG 30
29
Year Built
AVG 1963
1963

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