$880,000
$900,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
2728 N SALEM -- Mesa, AZ 85215
Key Details
Sold Price $880,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Loma Vista
MLS Listing ID 6599277
Sold Date 10/04/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $2,237
Tax Year 2022
Lot Dimensions 7860
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.
Location
State AZ
County Maricopa
Community Loma Vista
Zoning Multi Family
Direction Just south of McDowell on Salem.
Interior
Heating Heat Pump, Electric
Cooling Central A/C, Heat Pump, Electric
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, WD Hookup, Microwave, WasherDryer
Exterior
Garage >1 Space Per Unit, Street Parking
Community Features No Pool
Waterfront No
Roof Type Composition
Parking Type >1 Space Per Unit, Street Parking
Total Parking Spaces 6
Building
Sewer Public Sewer
Water City Franchise, Master Meter
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 141-80-401
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Other
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Bought with Commercial Property Connect