Great upside potential with this gem. It needs some work and the sellers don't have the ability to do it.This price reflects repairs needed.This property has been owner managed for Several years and is way under market rent. One vacant unit has new paint, carpet and kitchen flooring. The three other units are all MTM tenants averaging around $600.00 month.Lots of room to raise rents on this one. Buyer or buyers agent to verify all information to their satisfaction.Owner wants a Cash buyer.
Off market
Zestimate®
$647,600
405 N Loma Vis, Mesa, AZ 85213
--beds
0baths
3,567sqft
MultiFamily
Built in 1984
-- sqft lot
$647,600 Zestimate®
$182/sqft
$1,790 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- None, Other
Cooling
- Central
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Flooring: Tile, Carpet, Linoleum / Vinyl
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,567 sqft
Property
Features
- Exterior features: Stucco
Lot
- Size: 7,872 sqft
Details
- Parcel number: 14011394
Construction
Type & style
- Home type: MultiFamily
Materials
- steel
- Roof: Tile
Condition
- Year built: 1984
Utilities & green energy
- Electric: SRP
- Sewer: Sewer - Public
Community & neighborhood
Location
- Region: Mesa
Other
Other facts
- Ownership: Fee Simple
- Community Amenities: Other (See Remarks)
- Electric: SRP
- Heating: Central
- Parking: >1 Space Per Unit
- Project Type: Four Plex
- Sewer: Sewer - Public
- Water: City Franchise
- Sale Includes: Land & Building, Personal Property
- Construction: Frame - Wood
- Appliances Included: Disposal
- Owner Pays: Water, Landscaping, Trash, Sewer
- Tenant Pays: Electric
- Const - Finish: Stucco
- New Financing: Other (See Remarks)
- Source of Fincl Data: Projected Proforma
- Tax Municipality: Mesa
- Roads/Streets: Concrete
- Tax Year: 2017
- Ownership: Fee Simple
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Estimated market value
$647,600