960 E UNIVERSITY Drive, Mesa, Maricopa County, AZ 85203

For Sale

Listed by Robert Towne with S.J. Fowler Real Estate, Inc.
$1,350,000 USD
  • MultiFamily
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Property Summary for 960 E UNIVERSITY Drive Español?

Type
MultiFamily
Sub-Type
Other
MLS Number
6131862
Year Built
1961
Parking info
1, Carport
Taxes
4,014 USD (2019)
Neighborhood
Sherwood
Zip
85203
School District
Mesa Unified District
Schools Information

Description for 960 E UNIVERSITY Drive

This is your chance to own 9 large 2 bed 2 bath units in Mesa with great visibility on University.Located on a large corner lot with covered parking and a common court yard. This property was bought in 1996 and the former owner took great pride in his property. Most of the units have been remodeled with new flooring, Cabinets, fixtures, paint, Tubs, appliances, raised panels doors Ect. This property also features a large laundry room with lockable storage areas for the tenants and leased coin operated washers and dryers for tenant convenience as well as added income for the owner. With most of the tenants being log term and month to month you have options and a lot of room to raise the rent to today's market. A second parcel 137-06-044 is included in sale. Click on the MORE INFO TAB! The current rents range from $775.00-$975.00. These large 2 bed 2 bath units could easily rent between $1000.00-$1100.00 in today's market. Owner pays water, sewer, trash. Tenant pays for electric, cable. Buyer to verify all Information as facts and figures are approximate.Drive by only do not disturb tenants.See attachment's below for some unit pictures, floor plans and financial information
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Features for 960 E UNIVERSITY Drive

Roof
  • Composition Shingle
Appliances
  • Microwave, Oven, Refrigerator
Interior Features
  • Flooring: Carpet, Tile - Ceramic, Vinyl
Exterior Finish
  • Brick Veneer
Cooling
  • Central A/C
Listing provided by Arizona Regional Multiple Listing Service, Inc.
Copyright © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Demographics in 85203top

Population

Total population 39,069
Male population 19,688
Female population 19,381
Median age 32.60

Households

Total households 12,567
Average people per household 3.09

Housing

Total housing units 13,719
Owner occupied 6,870
Renter occupied 5,697
Median year built 1979

Income

Median household income 50,953
Average household income 71,233

Browse all multi-family homes for sale in Sherwood, Mesa

Disclaimer


Demographic data shown in this section was gathered from the 2018 American Community Survey and is deemed reliable but is not guaranteed.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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