1138 E 2nd Street, Mesa, AZ

$720,000

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8

Beds

8

Baths

About 1138 E 2nd Street

Prime Mesa Investment Opportunity! This 4-plex offers 4 spacious 2-bed, 2-bath, 1000sqft units with strong upside potential. First-floor units boast remodeled kitchens, all-tile floors, and large fenced yards. Upstairs, Unit D features vinyl floors and a remodeled kitchen; Unit C has a remodeled kitchen, laminate in living areas, and carpeted bedrooms. Most windows upgraded to vinyl dual-pane. Separate laundry building with owned coin machines generates ~$1,500/yr, plus tenant storage. Long-term tenants at below-market rents offer significant rent increase potential. Steps from light rail. Owner pays water, sewer, trash, and laundry power. See APOD in docs. Buyer/agent to verify all info. Act now for great cash flow potential!

Features of 1138 E 2nd Street

MLS® # 6861620
Price $720,000
Bedrooms 8
Bathrooms 8.00
Year Built 1973
Type Multiple Dwellings
Status Active Under Contract

Community Information

Address 1138 E 2nd Street
Subdivision SUBURBAN GARDENS 2
City Mesa
County Maricopa
State AZ
Zip Code 85203

Amenities

Amenities / Community Features Other, See Remarks
Parking Spaces 6
Parking Carport
Is Waterfront No
Has Pool No

Interior

Appliances Free-Standing Range, Microwave
Heating Other, See Remarks
Cooling Central Air
Fireplace No

Exterior

Roof Other, Built-Up, Foam, Shake
Construction Wood Frame, Painted

School Information

District Mesa Unified District

Additional Information

Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeProfessional Real Estate Negotiators

Listing Map

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