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$900,000

860 E BROWN Road 41
Mesa, AZ 85203

Multi Family|Sold 11/25/2024
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1980
Built
Subdivision:
SUN GARDENS REPLAT
County:
Maricopa
Call Now: 480-405-1265
Is this the home for you? We can help make it yours.
480-405-1265
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Discover an advantageous investment opportunity in Mesa's sought-after rental market with this well-maintained four-unit property. Plus, it is ideal for investors seeking a 1031 exchange or a stable income stream. Located just minutes from downtown Mesa, this desirable multi-family home features recent upgrades, including two newly remodeled units. All units are currently rented, and tenants are responsible for electricity and gas. The apartment mix includes a spacious single-level unit with three bedrooms and two baths, two townhome-style units each with two bedrooms and 1.5 baths, and a private two bedroom, 1.5 bath apartment above the garages. Recent enhancements include new outlets, switches, washer, and dryer hookups, efficient 14 SEER heat pumps, & modern LED exterior lighting. Additional upgrades feature a newer roof, refreshed exterior paint, and two units recently remodeled to attract higher rents. Shared garages have been converted into private single-car garages with openers & remotes, enhancing tenant satisfaction and property value. Residents enjoy a community pool, private patios, garage parking, and professionally maintained landscaping. Detailed Cap Rates and improvement records are available upon request, highlighting strong rental income potential and historical performance. Do not miss this rare opportunity to acquire a turnkey multi-family property in Mesa. Contact the listing Agent if you have any questions or need further assistance!

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Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
N/A
Lot Size 
N/A
Year Built 
1980
MLS® Number 
6728850
Status 
Sold
Property Tax 
$1,754
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
General Features
Attached Garage 
Yes
Cross Street 
Brown and Stapley Dr
Disclosures 
Seller Prop Disc Stm
Garage 
Yes
Parking 
AssignedAttachedGarage Door OpenerPaved
Parking Spaces 
4
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
See RemarksPublic
Zoning 
RM-4
Interior Features
Appliances 
Microwave
Cooling 
ENERGY STAR Qualified EquipmentHeat Pump
Flooring 
CarpetCeramic TileVinyl
Heating 
ENERGY STAR Qualified EquipmentHeat Pump
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Exterior Features
Construction Details 
StuccoFrameWood Siding
Roof 
Composition
Community Features
Community Features 
Pool
Financing Terms Available 
Conventional1031 Exchange
Roads 
Asphalt
School District 
Mesa Unified District
Township 
1N
Schools
School District
Mesa Unified District
Elementary School
Edison Elementary School
Middle School
Kino Junior High School
High School
Westwood High School
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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