$270,000
Mesa, AZ 85210
MLS# 5842917
Status: Closed
1 / 2
Property Description
Fix it Up, Clean it Up and Save. Location in the Fast Moving Fiesta District. Near Maricopa Community College, US 60 Freeway, Lots of Retail and Restaurants. All 2 Bedroom Units. Building Needs Some TLC and More. Make Offer on this Already Bargain Priced Fourplex. Cash and Hard Money Offers Only. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $270,000
Sold Price: $270,000
Status: Closed
List Date: 2018-11-05
Location, Tax & Legal
Assessor's Map #: 13
Legal Description (Abbrev): MESA SOUTHWEST ESTATES BEG SE COR LOT 22 TH N 49. 01F TH W 28.66F TH S 69D 55M W 77.09F TH ALG CURV
Assessor's Parcel #: 22
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 422106
Taxes: 1143
Tax District: 04
Legal: MESA SOUTHWEST ESTATES BEG SE COR LOT 22 TH N 49. 01F TH W 28.66F TH S 69D 55M W 77.09F TH ALG CURV
Marketing Name: Mesa Southwest Estates
Map Code/Grid: R38
House Number: 1125
Compass: W
Street Name: DRAGOON
St Suffix: Circle
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85210
Zip4: 2229
County Code: Maricopa
Subdivision: MESA SOUTHWEST ESTATES
Assessor Number: 134-13-022-B
Tax Year: 2017
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 7186
Total # of Units: 4
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Guerrero Elementary School
Jr. High School: Powell Junior High School
High School: Dobson High School
Year Built: 1972
Zoning: RES
Legal Info
Range: 5E
Section: 28
Township: 1N
Lot Number: 22
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Personal Property: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 1200
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 1200
Annual Mgmt Exp: 0
Annual Trash Exp: 600
Annual Wtr/Swr Exp: 2400
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 6543
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 29070
Pmt & Rate Info
Cap Rate: 7.53
Down Payment: 0
Equity: 299000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Community Features
No Pool: 1
Heating
Heat Pump: 1
Electric: 1
Cooling
Central Air: 1
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Interior Features
Unfurnished: 1
Tenant Pays
Electricity: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
1 Space/Unit: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Other (See Remarks): 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 637
Avg SqFt: 774
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Alma School Rd & Southern Ave
Directions: North to Dragoon, East to Building at the Top of the Cul De Sac
Geo Lat: 33.402743
Geo Lon: -111.855799
Status Change Info
Off Market Date: 2018-11-26
Under Contract Date: 2018-11-14
Close of Escrow Date: 2018-11-30
Sold Price: $270,000
Income Expenses
Gross Annual Sch Inc: 30600
Net Operating Income: 22527
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building; Personal Property
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Interior Features: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator
Heating: Heat Pump
Cooling: Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Carport; 1 Space/Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear; Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Other (See Remarks)
New Financing: Other (See Remarks)
Environmental: None
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: April - 06 - 2026
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