120 N BEVERLY Lane Mesa, AZ $ 2,490,000
120 N BEVERLY Lane
$ 2,490,000
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120 N BEVERLY Lane

Mesa, AZ, 85201
$ 2,490,000
Baths0.0

Monthly Estimate*

$ 16,549

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Studio

Multi-Family Home for sale in Mesa, AZ

for $2,490,000. This home was built in 1965.

Rare Investment opportunity to own 12 units with 2 additional land zoned RM-2 per Tax Records. Property consists of 10- 1 bedroom and 2-2 bedroom units on its own lot. Seller is Non-profit and is selling property AS-IS and has no Seller Disclosure for the property. Buyer to verify condition, zoning, city allowances , and any lot boundaries. Property is currently Vacant, and Listing agents must accompany. Property is being sold together. Call the listing Agent for details. 12 Plex appears to encroach on the lot to the immediate south, which is owned by the seller.

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Multi-Family Active

Price

$ 2,490,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Multiple Dwellings

Year Built

1965

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6676567

Features
General
Sewer Public Sewer
Heating Individual Heat Pump Electric
Cooling Individual Electric
Roof Shake
Zoning MULTI
Construction Materials Painted Block
Year Built 1965
Electric SRP
Tenant Pays See Remarks
Township 1N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 720.0
Community Features No Pool
County Maricopa
Net Operating Income 42235.0
Operating Expense 0.0
Property Type Multiple Dwellings
Attached Garage N
Garage Y/N N
Status Active
Directions MAIN TO BEVERLY. NORTH ON BEVERLY TO PROPERTY.
High School McClintock High School
City Mesa
Buyer Agent Compensation 3.00
Disclosures None
View Y/N N
High School District Mesa Unified District
Open Parking Spaces 18.0
NumberOfUnitsTotal 12
Lot Size Square Feet 0.0
Carport Y/N N
Street Name BEVERLY
Elementary School Flora Thew Elementary School
Tax Annual Amount 0.0
Current Financing Non Assumable
Fuel Expense 0.0
Middle/Junior High School Connolly Middle School
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 113
Standard Status Active
Occupancy Type Vacant
Elementary School District Mesa Unified District
Tax Lot MB
Cap Rate 1.7
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
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Interior
Flooring Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Lane
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features >1 Space Per Unit Street Parking
Water Source City Franchise
Total Parking 18.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions IRR
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Realty One Group

Broker

shaun@shahanent.com

Email

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$16,549
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$16,549
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4602590 Elementary School
4602593 Middle School
McClintock High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$2,490,000 Listed Price

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120 N BEVERLY Lane, Mesa, AZ, 85201 is a Multi-Family Home for sale at $2,490,000. 120 N BEVERLY Lane is a studio with 0.0 baths and was built in 1965. The property's zip code is 85201 which is in Mesa, AZ