700 S STAPLEY Drive, Mesa, AZ 85204

$830,000

Property Type: Multiple Dwellings Status: Pending

Current Price: $830,000 List Date: 1/24/2025 Last Modified: 2/23/2025

Description

Positioned with great access to the US-60 freeway, this fully-occupied, cash-flowing fourplex was thoroughly remodeled in 2022! The property's renovation and subsequent updates have included unit interiors, multiple HVAC units, and exterior paint to properly position these units for long-term success. Enjoy existing professional management and tenants already in place at solid rental rates. Property is occupied; please do not disturb the tenants.

More Information MLS# 6809085

Contract Info

Current Price: $830,000 List Price: $830,000 Status: Pending List Date: 2025-01-22 Ownership: Fee Simple

Location Tax Legal

House Number: 700 Compass: S Street Name: STAPLEY St Suffix: Drive City/Town Code: Mesa State/Province: AZ Zip Code: 85204 Country: USA County Code: Maricopa Subdivision: EVELYN TRACT Assessor Number: 139-20-120 Tax Year: 2024

General Property Description

Lot Size Dimensions: - Year Built: 1973 Uncvrd Parking Spcs: 2 Total # of Units: 4 # of Buildings: 2 Zoning: RM-3 Elementary School District: Mesa Unified District High School District: Mesa Unified District Elementary School: Holmes Elementary School Jr. High School: Kino Junior High School High School: Mesa High School

Remarks Misc

Cross Street: Stapley & 8th Ave Directions: Traveling north on Stapley Drive through the light at Southern, continue for approximately 0.6 miles. The property will be on your left (the west side of the street). Geo Lat: 33.402358 Geo Lon: -111.805792

Status Change Info

Status Change Date: 2025-02-23 Off Market Date: 2025-02-23 Under Contract Date: 2025-02-23

Legal Info

Lot Number: 1

Income Expenses

Gross Annual Sch Inc: 63720

Showing Notification Methods

Showing Service: No Showing Service Used

2 Bedroom Units

# 2 Bedroom Units: 4 Avg Rent: 1327.5 Avg SqFt: 736 # Baths: 1

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Other (See Remarks) Floors: Ceramic Tile; Other Sale Includes: Land & Building; Laundry Equipment Community Amenities: No Pool Exterior Amenities: Desert Landscaping; Partially Fenced; Separate Storage Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Drapes Appliances Included: F/S Oven/Range; Refrigerator; Microwave Heating: Heat Pump; 2 or More Units Cooling: Ceiling Fan(s); Electric; 2 or More Units Water: City Franchise Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking: Carport; >1 Space Per Unit Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electric Source of Fincl Data: Provided by Owner Showing Notification Methods: Text; Email Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; No Carry Environmental: None

Listing Office: HomeSmart

Last Updated: February - 23 - 2025

700 S STAPLEY Drive, Mesa, AZ 85204 (MLS# 6809085)