Properties
Mesa, AZ 85210 202 E 2ND Avenue
$1,600,000
9 more
Presented By: Better Homes & Gardens Real Estate SJ Fowler; 480-649-3536
Home Details
Price Reduced, 5 Duplex's Single Level Near Downtown Mesa with Excess Land. 2025 Updates and Renovations. This Has Great Potential for Investor or Developer. Excess Land is in the Rear and East Side of Property. Close to Lots of Entertainment and Downtown Mesa is currently seeing significant investment due to the Light Rail extension and the 'Mesa Arts District' revitalization. There is Currently Newer Buildings Surrounding and Even Under Construction. Many Updates Include Some Air Conditioners, All Windows, Roofs Repairs or Replacement and Much More. Light Rail and Many Public Buildings Are Walking Distance. Tenant Attraction is No Issue with So Much in the Way of Activities. All Information is Approximate and Buyers to Verify to Their Satisfaction.
Presented By: Better Homes & Gardens Real Estate SJ Fowler; 480-649-3536
Interior Features for 202 E 2ND Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringVinyl
Heating Y/NYes
General for 202 E 2ND Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate7.04
Carport Y/NNo
CityMesa
Community FeaturesNo Pool
Construction MaterialsWood Frame, Painted, Stucco
CoolingCentral Air, Window/Wall Unit, Electric, Individual
CountyMaricopa
DirectionsMain & Center, South to 2nd Ave and East to Property
DisclosuresNone, Seller Prop Disc Stm
ElectricSRP, City Electric
Electric Expense0.0
Elementary SchoolEdison Elementary School
Elementary School DistrictMesa Unified District
Fuel Expense0.0
Garage Y/NNo
Gross Income142008.0
HeatingIndividual, Electric
High SchoolWestwood High School
High School DistrictMesa Unified District
Insurance Expense4500.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense2000.0
Middle/Junior High SchoolKino Junior High School
MobileHomeRemainsYNNo
Net Operating Income112708.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total10
Open Parking Spaces10.0
Operating Expense17864.0
OwnerPaysTrash Collection, Water
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofSee Remarks, Foam
Senior CommunityN
SewerSewer-In & Connected, Public Sewer
Standard StatusActive Under Contract
StatusUCB (Under Contract-Backups)
Subdivision NameMesa Arizona
Tax Annual Amount2064.0
Tax Lot2
Tax Year2025
Trash Expense1000.0
Water Sewer Expense6500.0
Year Built1925
ZoningMULTI
Exterior for 202 E 2ND Avenue
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesSidewalk(s)
Irrigation Water Rights Y/NNo
Lot DimensionsALMOST AN
Number of Buildings5
Parking FeaturesFree, >1 Space Per Unit, On Street
Road Surface TypeAsphalt
SpaNo
Total Parking10.0
Water SourceCity Franchise
Additional Details
Price History
Schools
High School
Westwood High School
Middle School
Kino Junior High School
Elementary School
Edison Elementary School
