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20 W UNIVERSITY Drive #FRNT Mesa, AZ 85201
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Key Details
Sold Price $300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mesa Arizona
MLS Listing ID 6675094
Sold Date 08/13/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1953
Annual Tax Amount $700
Tax Year 2023
Lot Dimensions 6,273
Property Description
Great Duplex Opportunity in growing area. This property is located almost at the corner of University Drive and Center, near Downtown Mesa, Mesa Amphitheatre, and Convention Center.
This investment opportunity holds 2 Units - each are around 860 SF with huge upside potential. The current rents even at current rates are well below the market. Its location makes this a great fix and hold. Units at this size are rare. Large Patios and extra storage space. One of the AC units has just been replaced.
The Car Wash next store is also available which makes this an even better opportunity to redevelop or add more units.
Location
State AZ
County Maricopa
Community Mesa Arizona
Zoning DB-1
Direction From Mesa dr, head West on University dr and property will be on the right. From Country Club, head East and property will be on the left.
Interior
Heating Electric
Cooling Central A/C
Flooring Ceramic Tile
Appliance F/S Oven/Range
Exterior
Garage >1 Space Per Unit
Community Features No Pool
Waterfront No
Roof Type Composition
Parking Type >1 Space Per Unit
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 137-26-045-K
Acceptable Financing Other (See Remarks)
Listing Terms Other (See Remarks)
Financing Conventional
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