480-442-0779

228 N MACDONALD, Mesa, AZ 85201 (MLS# 6694492)

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228 N MACDONALD, Mesa, AZ 85201

$1,450,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,450,000 List Date: 4/25/2024 Last Modified: 4/29/2024

Description

INVESTORS DREAM! This 9-unit multi-family property consists of a large lot with room to build and add more units. Please do not disturb tenants, Drive by only.

More Information MLS# 6694492

Contract Info

Current Price: $1,450,000 List Price: $1,450,000 Status: Active List Date: 2024-04-19 Ownership: Other (See Remarks) Subagents: N Buyer/Broker: Y Buyer Broker $/%: %

Location, Tax & Legal

House Number: 228 Compass: N Street Name: MACDONALD St Suffix: -- City/Town Code: Mesa State/Province: AZ Zip Code: 85201 Zip4: 6650 Country: USA County Code: Maricopa Legal Description (Abbrev): MESA N 67' LOT 8 BLK 28 Subdivision: MESA ARIZONA Assessor's Map #: 58 Assessor's Parcel #: 31 Add'l Parcels: No Assessor Number: 138-58-031 Legal: MESA N 67' LOT 8 BLK 28 Census Tract: 421400 Tax Municipality: Mesa Taxes: 2886 Tax Year: 2023 Marketing Name: N/A

General Property Description

Lot Size Dimensions: 331.4x67 Year Built: 1973 Uncvrd Parking Spcs: 18 Total # of Units: 9 # of Buildings: 3 Zoning: R-3 Elementary School: Eisenhower Center For Innovation Jr. High School: Carson Junior High School High School: Westwood High School Elementary School District: Mesa Unified District High School District: Mesa Unified District

Remarks & Misc

Cross Street: SE CORNER OF UNIVERSITY DR/COUNTRY CLUB RD Geo Lat: 33.420442 Geo Lon: -111.834807

Status Change Info

Status Change Date: 2024-04-25

Legal Info

Township: 1N Range: 5E Section: 22 Lot Number: 8

Income & Expenses

Owner Association: No Operating Exp: 2886 Gross Annual Sch Inc: 111600 Vacancy Allowance: 0.05 Adjusted Gross Inc: 106020 Net Operating Income: 92664

Pmt & Rate Info

Cap Rate: 6.39 Equity: 1450000

Showing Notification Methods

Showing Service: No Showing Service Used

1 Bedroom Units

# 1 Bedroom Units: 8 Avg Rent: 650 Avg SqFt: 700 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 1 Avg Rent: 795 Avg SqFt: 800 # Baths: 1

Property Features

Project Type: 5 - 12 Units Construction: Block Const - Finish: Stucco Roofing: Comp Shingle Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Amenities: Other Exterior Amenities: Green Landscaping Appliances Included: Other (See Remarks) Heating: Window/Wall Unit(s); See Remarks Cooling: Window/Wall Unit; See Remarks Water: City Franchise; Individual Meter Sewer: Sewer - Public Electric: City Electric Gas: City Gas Parking: Street Parking; Paved Parking Roads/Streets: Asphalt Owner Pays: None Tenant Pays: Water; Electric; Gas; Trash Source of Fincl Data: Provided by Owner; Other (See Remarks) Showing Notification Methods: Text; Phone Call Lockbox Type: None New Financing: Cash; Conventional Reports/Disclosures: Other (See Remarks) Environmental: Other (See Remarks)
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Last Updated: April - 29 - 2024
228 N MACDONALD, Mesa, AZ 85201- MLS# 6694492
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