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    149 N Phyllis Street , #205

    Mesa, AZ 85201
    • $489,900
    • STATUS: Active
    • ON SITE: 13 days
    • MLS #: 6196040
    UPDATED: 57 min ago
    $489,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1983
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Welcome to La Mesita Triplex. This fully leased Triplex in Mesa, is situated two blocks north of the Main Street/Apache development corridor. The property is within close proximity to the 101 freeway and Tempe and is also within walking distance to the light rail. This 1983 constructed building has been well maintained and sits on a prime corner lot with great curb appeal. All three units feature 2 beds, 1 bath, full size W/D hookups, updated kitchens/baths, and tile/laminate flooring. The two lower units each have private back yards, while the upper unit has a large private balcony. CapEx includes an A/C unit installed in 2019, and another installed in 2016. [more...]Cap Rate on current rent estimated at 4.93%, with rents of $950, $925, and $925. ProForma Cap Rate estimated at 6.19%, based on market rents of $1100 per unit. Buyer to verify all MLS information, as facts and figures are approximate. Do Not Disturb Tenants. Drive-by only.

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    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-03-04T13:14:07.26.
    www.yosthomes.com/homes/114336549
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    149 N Phyllis Street , #205 Mesa, AZ 85201

    • Price: $489,900
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 6196040
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1983
    Built
    Neighborhood:
    La Mesita
    County:
    Maricopa
    Area:
    Mesa
    Elementary School:
    Powell Junior High School
    Middle School:
    Powell Junior High School
    High School:
    Westwood High School
    School District:
    004 - Mesa Unified District
    Property Description
    Welcome to La Mesita Triplex. This fully leased Triplex in Mesa, is situated two blocks north of the Main Street/Apache development corridor. The property is within close proximity to the 101 freeway and Tempe and is also within walking distance to the light rail. This 1983 constructed building has been well maintained and sits on a prime corner lot with great curb appeal. All three units feature 2 beds, 1 bath, full size W/D hookups, updated kitchens/baths, and tile/laminate flooring. The two lower units each have private back yards, while the upper unit has a large private balcony. CapEx includes an A/C unit installed in 2019, and another installed in 2016. [more...]Cap Rate on current rent estimated at 4.93%, with rents of $950, $925, and $925. ProForma Cap Rate estimated at 6.19%, based on market rents of $1100 per unit. Buyer to verify all MLS information, as facts and figures are approximate. Do Not Disturb Tenants. Drive-by only.
    Exterior Features

    Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Cable Tv AvailableDesert LandscapingFencedLandscape Wtr SystemPatio/BalconySecurity Light(S)Separate Storage Lot Size Dimensions 5175 Parking >1 Space Per UnitFreePaved Parking Roads Asphalt Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 650 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeDishwasherDisposalF/S Oven/RangeMicrowaveRefrigeratorW/D HookupWasher/Dryer Cooling Electric RefrigeratdIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileConcreteVinyl/Composition Heating ElectricIndividual Interior Amenities BasementFire/Smoke Alarm(S)Mini BlindsUnfurnished

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1100.00 2 Bedroom Units 3 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 37620.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1400.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 500.00 Annual Legal And Acctg 0.00 Annual Maint Exp 2000.00 Annual Mgmt Exp 2688.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1000.00 Annual Wtr Swr Exp 1200.00 Community Amenities No Pool Cross Street Dobson And Main Street Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas None Gross Annual Sch Inc 39600.00 Hoa YN No Net Operating Income 27865.00 New Financing 1031 ExchangeConventionalFhaVa Operating Exp 9755.00 Other Income 0.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type Tri-Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Mesa Taxes 967.00 Tenant Pays Cable TvElectric Totl Mnth Rntal Inc 2485.00 Vacancy Allowance 0.05 Water City Franchise Zoning Rm-4

    Listing courtesy of Grace Cre.


    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-03-04T13:14:07.26.
     
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    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122