660 E 1ST Avenue, Mesa, AZ 85204
$650,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$650,000
Last Modified:
3/15/2025
Description
Two houses with three separate units on corner lot! What an incredible opportunity to live in the main house consisting of 3 bedrooms/2 bathrooms/2 carport spaces while collecting Airbnb rental income from the attached 1 bedroom/1 bathroom guest house AND long-term rental income from the 2 bedroom/1 bathroom secondary home (separate address for guest house 68 S. Ashland). Both homes have their own private front and backyards, laundry inside, and separately metered for electric, gas, water, trash, and sewer. Total gross income of all units are rented out is about $4600+/month. The main home has been freshly painted and ready for the new owners to start moving in.
Supplements: The roof is about 8 years old while the AC's are 7 years old in the main house and 1 year old in the smaller secondary homeBoth hot water heaters are from 2023. In addition there is a finished basement with extra storage not included in the sq ft. Come take a look!
More Information MLS# 6835951
Contract Info
Current Price: $650,000
List Price: $650,000
Status: Active
List Date: 2025-03-12
Ownership: Fee Simple
Location Tax Legal
House Number: 660
Compass: E
Street Name: 1ST
St Suffix: Avenue
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85204
Zip4: 1075
Country: US
County Code: Maricopa
Subdivision: ALLEN PARK ADDN.
Assessor Number: 138-28-037
Tax Year: 2024
General Property Description
Lot Size Dimensions: 7498
Year Built: 1948
Uncvrd Parking Spcs: 2
Total # of Units: 3
# of Buildings: 2
Zoning: RM-2
Flood Zone: No
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Lowell Elementary School
Jr. High School: Kino Junior High School
High School: Mesa High School
Remarks Misc
Cross Street: E Main st & S Ashland
Directions: Go south from E Main St onto S ashland and home will be on the right hand side
Geo Lat: 33.413119
Geo Lon: -111.816513
Status Change Info
Status Change Date: 2025-03-15
Legal Info
Township: 1N
Range: 5E
Section: 23
Lot Number: 3
Income Expenses
Gross Annual Sch Inc: 57800
Net Operating Income: 51048
Showing Notification Methods
Showing Service: Aligned Showings
Efficiency Units
# Efficiency Units: 1
Avg Rent: 1416
Avg SqFt: 250
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1200
Avg SqFt: 750
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 2200
Avg SqFt: 1500
# Baths: 2
Property Features
Project Type: Tri-Plex
Other Type: House + Rental Units
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl; Ceramic Tile; Carpet
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Fenced; Separate Storage
Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Natural Gas
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: City Electric
Gas: SW Gas
Parking Features: Carport; Paved
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection
Source of Fincl Data: Owner
Lockbox Type: Mech-box / Combo
Existing 1st Loan: Conventional
New Financing: Cash; VA; FHA; Conventional; No Carry
Environmental: None
Listing Office: My Home Group Real Estate
Last Updated: March - 15 - 2025
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