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
| Office | Professional Real Estate Negotiators |
|---|
