2728 N Salem --, Mesa, AZ 85215

$880,000

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Sold Price
$880,000
List Price
$900,000
Closing Date
Oct 04, 2023
Days on Market
6
Status
CLOSED
MLS#
6599277
City
Mesa
Subdivision
Loma Vista
Year Built
1985

Property Description

TERRIFIC INVESTMENT OPPORTUNITY! This 4 Unit property with all 2 bedroom units is coming in at 6.2% CAP Rate. 3 long term leases in place. 1 unit run as an Air BnB bringing in substantial cashflow with a professional manager keeping it consistently rented. Do Not Bother Tenants. Available to see property once in escrow.

Additional Information

School District
Mesa Unified District
Community Features
No Pool
Construction
Wood Frame, Painted, Stucco
Cooling
Central Air, Electric, Heat Pump
Electric
SRP, Individual Meter
Flooring
Carpet, Ceramic Tile, Vinyl, Wood
Heating
Heat Pump, Electric
New Financing
Conventional, 1031 Exchange
Parking Features
>1 Space Per Unit, On Street
Roofing
Composition
Sewer
Public Sewer
Subdivision
Loma Vista
Taxes
$2,237
Tax Year
2022
Units
4
Water
Master Meter, City Franchise
Zoning
Multi Family

Courtesy of Commercial Property Connect. 480-452-6731 Selling Office: Commercial Property Connect.

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