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851 E 5TH Street Mesa, AZ 85203
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Key Details
Sold Price $322,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mumford Park
MLS Listing ID 6000367
Sold Date 11/25/19
Maintenance Fees $240
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1962
Annual Tax Amount $933
Tax Year 2019
Lot Dimensions 64 x 140
Property Description
This is well-maintained property in an excellent rental area with long-term tenants. All agreements are month-to-month so it will be easy to raise these very low rents. See MLS #5869213 for most recent rental just a few doors down: $795! 5 - 6 parking spots on the property. Each unit has own storage rooms that have been wired and partially plumbed for laundry. Property was completely rebuilt (to the studs) in 2011 so don't let the 1962 build date scare you. These units are completely modern in every way with modern cabinets, newer appliances and floors. This property has lots of upside.
Location
State AZ
County Maricopa
Community Mumford Park
Zoning Multi-Family
Direction Go North on Horne. Turn East onto 5th Street. The property is on the South side of 5th Street.
Interior
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Electric, Central A/C
Flooring Carpet, Ceramic Tile
Appliance F/S Oven/Range
Exterior
Parking Features Paved Parking, Free, >1 Space Per Unit
Community Features No Pool
Roof Type Composition
Total Parking Spaces 5
Building
Sewer Public Sewer
Water City Franchise, Master Meter
New Construction No
Schools
Elementary Schools Edison Elementary School
Middle Schools Kino Junior High School
High Schools Westwood High School
School District Mesa Unified District
Others
Senior Community No
Tax ID 137-06-065
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
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Bought with Grace CRE