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532 S Mesa Dr $600 Cash Flow

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Property Type: Sold Inventory  

Mesa Dr 3- Plex

Before Renovation

This is an excellent opportunity to own “one” 3-plex or all “three” 3-plexes for a total of nine units.  Each 3-Plex is selling for $120,000 or all three for $360,000.  We’re closing on these properties on 6/5/2009 and will be doing a complete renovation on each property.  The picture doesn’t look great but after we’re doing this place will be exceptional.  The units are all 2 bedroom and 1 bath and are roughly 900 square feet a piece.  There are two units on the bottom floor and 1 unit above.  We believe that these properties are worth $150,000 to $180,000.

Zestimate: Click Here

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Property Details

Esimated Value Range:  $150,000 to $200,000

Sale Price:  $120,000 Per Building

Down Payment:  $24,000

Parcel Number:  139-36-080-D, C, E

Address:  532 S Mesa Dr

City:  Mesa

State:  AZ

Zip Code:  85210

Cash Flow:  Per Building: $600 per Month

Square Feet:  1,680

Bedrooms:  2

Bathrooms:  1

Year Built:  1981

Rental Amount:  $1,785

Property Taxes:  $1,137

Property Insurance:  $1000

Property Includes:  1. "Clean" Property Inspection 2. Qualified Tenant 3. Three Month Rent Guarantee 4. One Year Home Warranty

Additional Features:  We will start the renovation on Monday June 8th and anticipate being done in 3 weeks. If you decide to purchase this property we won't close until the home inspections is complete and addressed.

Additional Photos

532 S Mesa Dr $600 Cash Flow
Cash Flow Properties For Sale