$500,000
$534,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
5941 E NORLAND Street Mesa, AZ 85215
Key Details
Sold Price $500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Loma Vista Lot 1-26 Tr A B
MLS Listing ID 6006833
Sold Date 01/03/20
Maintenance Fees $1,800
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $2,156
Tax Year 2019
Lot Dimensions 0X0
Property Description
Fully occupied, renovated, market rents - this investment is truly turn key! The four units at 5941 Norland have undergone recent updating and pride of investment shows in not just the interior of the units, but the grounds and exterior maintenance as well. 3 of the units are 2 bed/2 bath and 1 unit is 2 bed/ 1 bath. Rental rates run $850 to $875 and all tenants are on long term, professional leases. The residential feeling complex is located in a growing area - Boeing, Falcon Field, Northrop Gunman and other large employment centers within just a couple miles. Tenants love the easy access to the 202 and recreation areas. Units are individually metered. This really is a well kept complex that rents quickly!
Location
State AZ
County Maricopa
Community Loma Vista Lot 1-26 Tr A B
Zoning Multi
Direction S on Recker to Norland, West to property
Interior
Heating Individual, Electric
Cooling Individual, Heat Pump
Appliance Disposal, Refrigerator, WD Hookup, Microwave
Exterior
Garage Common
Community Features Other, See Remarks, No Pool
Waterfront No
Roof Type Composition
Parking Type Common
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise, Individual Meter
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 141-80-394
Acceptable Financing CTL, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms CTL, Conventional, 1031 Exchange, FHA, VA Loan
Financing Exchange
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