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    1520 W University Drive

    Mesa, AZ 85201
    • $400,000
    • STATUS: Active
    • ID#: 6236371
    UPDATED: 68 min ago
    $400,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Home Owner or Investor? or BOTH. There are 3 units total. Main unit (1130sf) has 3 beds, 2 bath rents for $1300/mo. 1 Units has 320 sf (permitted) with 2 beds, 1 bath rents for $850/mo and Studio 150 sf with 1 bed + 1 bath rents for 450/mo (permit is not required since it's under 200sf). You can buy this home, fully use the main house and still have $1300/mo rental income OR become an investor with $2600/mo rental income. New AC central unit, New Water heater. Each Room as its own personal AC unit as well. 6 parking spots total. Nearby: Grocery stores, Mekong supermarket, Cafes, Restaurants, Parks, Mesa Convention Center and Museums and New ASU campus that is coming soon. TENANTS OCCUPIED! MUST CONTACT LISTER FOR VIEWING APPOINTMENT.

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    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than AZ Power Team | Realty One Group Integrity. Data last updated 2021-07-23T16:12:44.333.
    www.tucsonrealestate.net/homes/117250005
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    1520 W University Drive Mesa, AZ 85201

    • Price: $400,000
    • Status: Active
    • Updated: 68 min ago
    • ID#: 6236371
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1955
    Built
    Neighborhood:
    Garden Grove
    County:
    Maricopa
    Area:
    Mesa
    School District:
    004 - Mesa Unified District
    Property Description
    Home Owner or Investor? or BOTH. There are 3 units total. Main unit (1130sf) has 3 beds, 2 bath rents for $1300/mo. 1 Units has 320 sf (permitted) with 2 beds, 1 bath rents for $850/mo and Studio 150 sf with 1 bed + 1 bath rents for 450/mo (permit is not required since it's under 200sf). You can buy this home, fully use the main house and still have $1300/mo rental income OR become an investor with $2600/mo rental income. New AC central unit, New Water heater. Each Room as its own personal AC unit as well. 6 parking spots total. Nearby: Grocery stores, Mekong supermarket, Cafes, Restaurants, Parks, Mesa Convention Center and Museums and New ASU campus that is coming soon. TENANTS OCCUPIED! MUST CONTACT LISTER FOR VIEWING APPOINTMENT.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 1.00 Lot Size Dimensions 7810 Parking >1 Space Per UnitStreet ParkingPaved ParkingCarport Roads Dedicated Street Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeWasher/DryerMicrowaveRefrigeratorDishwasherF/S Oven/RangeDisposalCompactor Cooling Central A/CWindow/Wall UnitElectric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Ceiling Fan(S)Window/Wall Unit(S)Electric

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 32490.00 Annual Elec Exp 1200.00 Annual Gas Exp 240.00 Annual Ins Exp 600.00 Annual Other Expense 865.00 Annual Ownr Asoc Fee 0.00 Annual Trash Exp 360.00 Annual Wtr Swr Exp 265.00 Community Amenities No Pool Cross Street Alma School & University Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas City Gas Gross Annual Sch Inc 34200.00 Hoa YN No Net Operating Income 30670.00 New Financing 1031 ExchangeVaFhaConventional Operating Exp 4061.00 Other Income 0.00 Owner Pays ElectricWaterTrash CollectionSewerLandscapingGas Project Type Tri-Plex Sale Includes Land & BuildingPersonal PropertyLaundry Equipment Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Maricopa - County Taxes 531.00 Tenant Pays None Vacancy Allowance 0.05 Water City Franchise Zoning Residential

    Listing courtesy of Vina Realty.


    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than AZ Power Team | Realty One Group Integrity. Data last updated 2021-07-23T16:12:44.333.
     
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    Tucson AZ, 85704