1402 E Dana Avenue, Mesa, AZ 85204

$1,999,000

Property Type: Multiple Dwellings Status: Active

Current Price: $1,999,000 Last Modified: 1/13/2025

Description

Rare investment opportunity to own 3 duplexes and 2 single-family homes near Downtown Mesa. All single-story slump block construction, individually metered for electricity and gas. All 3 duplexes consist of 2 bedroom, 1 bath units w/ private front/back yards, washer/dryer hookups. Each of the 2 houses have 3 bedrooms, 2 bath layouts w/attached garage, private front and back yards. Sale includes two parcels 138-09-060E and 138-09-059A (one single-family home on its own parcel). Substantial upgrades made in recent years: 5 of the 6 duplex units have new A/Cs, both of the single family homes have new A/Cs all w/transferrable warranties. 5 of the 6 duplexes have new water heaters. Both single-family homes have new water heaters. Both single-family homes have new roofs w/transferable warranty.

More Information MLS# 6742547

Contract Info

Current Price: $1,999,000 List Price: $1,999,000 Status: Active List Date: 2024-08-11 Ownership: Fee Simple

Location Tax Legal

House Number: 1402 Compass: E Street Name: Dana St Suffix: Avenue City/Town Code: Mesa State/Province: AZ Zip Code: 85204 Country: USA County Code: Maricopa Subdivision: LA ZONA ACRES LOTS 1 THRU 14 26 THRU 29 32 THRU 37 TRACTS A & B Assessor Number: 138-09-060-E Tax Year: 2023

General Property Description

Lot Size Dimensions: 31822 Year Built: 1966 Uncvrd Parking Spcs: 6 Total # of Units: 8 # of Buildings: 5 Zoning: RM-2 Elementary School District: Mesa Unified District High School District: Mesa Unified District Elementary School: Mesa Academy For Advanced Studies Jr. High School: Mesa Junior High School High School: Mesa High School

Remarks Misc

Cross Street: Main St & Stapley Directions: Head south on Stapley and East on Dana. Property located on the left. Geo Lat: 33.412923 Geo Lon: -111.801136

Status Change Info

Status Change Date: 2024-08-11

Legal Info

Lot Number: 138-09-060E

Income Expenses

Gross Annual Sch Inc: 105500 Net Operating Income: 94506

Showing Notification Methods

Showing Service: No Showing Service Used

2 Bedroom Units

# 2 Bedroom Units: 6 Avg Rent: 1200 Avg SqFt: 650 # Baths: 1

3 Bedrooms Units

# 3 Bedroom Units: 2 Avg Rent: 1200 Avg SqFt: 1300 # Baths: 175

Property Features

Project Type: Duplex; 5 - 12 Units Other Type: House + Rental Units Construction: Block Const - Finish: Painted Roofing: Comp Shingle Floors: Ceramic Tile Sale Includes: Land & Building Community Amenities: No Pool Exterior Amenities: Desert Landscaping; Partially Fenced; Cable TV Available; Patio/Balcony Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: F/S Oven/Range; Refrigerator; W/D Hookup Heating: Ceiling; Central Cooling: Ceiling Fan(s); Central A/C Water: City Franchise Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: City Gas; Individual Meter Parking: Garage; Carport; Street Parking; <1 Space Per Unit; Free Owner Pays: Water Tenant Pays: Electric; Gas; Cable TV Source of Fincl Data: Provided by Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Cash; Conventional; No Carry Environmental: None

Listing Office: HomeSmart

Last Updated: January - 13 - 2025

1402 E Dana Avenue, Mesa, AZ 85204 (MLS# 6742547)