543 W 9th Place, Mesa, AZ 85201
- $725,000
- List Price
- $725,000
- Days on Market
- 2
- Status
- ACTIVE
- MLS#
- 6606588
- City
- Mesa
- Subdivision
- Indian Arms
- Year Built
- 1963
Property Description
Fantastic fourplex in quiet northwest Mesa location. All units are 2/1 with close to 900 square feet and outdoor patio areas. Washer/Dryer hookups in each unit. Large bedrooms with huge closets and extra storage. Long term leases in place with room to grow, but property is already performing at a 6.2% cap rate - a rarity in today's market. By far the best deal on the market today. Property has been professionally managed, improved, and stabilized over the last 3 years of ownership. This plug and play deal will not last long. Main sewer line for unit B just replaced. Unit B currently vacant. Unit D up for renewal in October.
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Additional Information
- School District
- Mesa Unified District
- Construction
- Block
- Cooling
- Central A/C, Electric
- Electric
- SRP
- Exterior Amenities
- Patio/Balcony
- Finish
- Painted
- Floors
- Ceramic Tile, Vinyl
- Gas
- None
- Guest House SqFt
- 2
- Heating
- Electric
- Interior Amenities
- Other (See Remarks)
- New Financing
- 1031 Exchange, Conventional, CTL, FHA, VA
- Parking
- >1 Space Per Unit, Add'l Parking Avail, Paved Parking, Street Parking
- Project Type
- Four Plex
- Roofing
- Comp Shingle
- Sewer
- Sewer - Public
- Subdivision
- Indian Arms
- Taxes
- $1,533
- Tenant Pays
- Electric
- Units
- 4
- Water
- City Franchise
- Zoning
- Multi
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Listing courtesy of ATLAS AZ, LLC.
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