Properties

Mesa, AZ 85204 1402 E Dana Avenue

1402 E Dana Avenue Mesa, AZ - Image 11402 E Dana Avenue Mesa, AZ - Image 21402 E Dana Avenue Mesa, AZ - Image 3
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1402 E Dana Avenue Mesa, AZ - Image 41402 E Dana Avenue Mesa, AZ - Image 51402 E Dana Avenue Mesa, AZ - Image 6
Presented By: HomeSmart; 480-346-7505
  • MLS# 6742547
  • 08/11/2024
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Home Details

Rare investment opportunity to own 3 duplexes and 2 single-family homes near Downtown Mesa. All single-story slump block construction, individually metered for electricity and gas. All 3 duplexes consist of 2 bedroom, 1 bath units w/ private front/back yards, washer/dryer hookups. Each of the 2 houses have 3 bedrooms, 2 bath layouts w/attached garage, private front and back yards. Sale includes two parcels 138-09-060E and 138-09-059A (one single-family home on its own parcel). Substantial upgrades made in recent years: 5 of the 6 duplex units have new A/Cs, both of the single family homes have new A/Cs all w/transferrable warranties. 5 of the 6 duplexes have new water heaters. Both single-family homes have new water heaters. Both single-family homes have new roofs w/transferable warranty.
Presented By: HomeSmart; 480-346-7505

Interior Features for 1402 E Dana Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes

General for 1402 E Dana Avenue

Additional Parcels Y/NYes
Attached Garage No
Cap Rate4.32
Carport Y/NNo
CityMesa
Community FeaturesNo Pool
Construction MaterialsPainted, Block
CoolingCentral Air, Ceiling Fan(s)
CountyMaricopa
DirectionsHead south on Stapley and East on Dana. Property located on the left.
DisclosuresSeller Prop Disc Stm
ElectricSRP, Individual Meter
Electric Expense0.0
Elementary SchoolMesa Academy For Advanced Studies
Elementary School DistrictMesa Unified District
Fuel Expense0.0
Garage Y/NYes
Gross Income105500.0
HeatingCentral, Ceiling
High SchoolMesa High School
High School DistrictMesa Unified District
Insurance Expense3133.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense0.0
Middle/Junior High SchoolMesa Junior High School
MobileHomeRemainsYNNo
Net Operating Income94506.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total8
Occupancy TypeTenant
Open Parking Spaces6.0
Operating Expense12956.7
OwnerPaysWater, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameLA ZONA ACRES LOTS 1 THRU 14 26 THRU 29 32 THRU 37 TRACTS A & B
Tax Annual Amount3062.7
Tax Lot138-09-060E
Tax Year2023
Trash Expense0.0
Water Sewer Expense6761.0
Year Built1966
ZoningRM-2

Exterior for 1402 E Dana Avenue

Covered Spaces6.0
Crops Included Y/NNo
Exterior AmenitiesSidewalk(s)
Irrigation Water Rights Y/NNo
Lot Dimensions31822
Number of Buildings5
Parking FeaturesFree, <1 Space Per Unit, On Street, Carport
Road Surface TypeAsphalt
SpaNo
Total Parking12.0
Water SourceCity Franchise

Additional Details

Price History

Schools

High School Mesa High School
Middle School Mesa Junior High School
Elementary School Mesa Academy For Advanced Studies Elementary School

Connect Realty

Price $1,999,000
MLS#6742547
List Date 08/11/2024
Property Type Multi-Family
Phone 888.795.6274
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