228 N MACDONALD -- Mesa, AZ ^$ 1,350,000

228 N MACDONALD --

^$ 1,350,000

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228 N MACDONALD --

Mesa, AZ, 85201

^$ 1,350,000

Studio Baths0.0

Monthly Estimate*

^$ 8,973

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Studio

Multi-Family Home for sale in Mesa, AZ

for $1,350,000. This home was built in 1973.

INVESTORS DREAM! This 9-unit multi-family property consists of a large lot with room to build and add more units. Please do not disturb tenants, Drive by only.

Multi-Family Active

Price

^$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,886

Style

Multiple Dwellings

Year Built

1973

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6694492

Features

General

Sewer Public Sewer

Heating See Remarks Window/Wall Unit(s)

Cooling See Remarks Wall/Window Unit(s)

Roof Composition

Zoning R-3

Construction Materials Stucco Block

Year Built 1973

Electric City Electric

Tenant Pays Trash Collection Gas Electricity Water

Township 1N

Tax Year 2023

Percent Ownership Other (See Remarks)

Gross Income 106020.0

Community Features Other

County Maricopa

Net Operating Income 92664.0

Operating Expense 2886.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name MESA ARIZONA

Garage Y/N N

Status Active

High School Westwood High School

City Mesa

Buyer Agent Compensation 2.25

Disclosures Other (See Remarks)

View Y/N N

High School District Mesa Unified District

Open Parking Spaces 18.0

NumberOfUnitsTotal 9

Lot Size Square Feet 0.0

Carport Y/N N

Street Name MACDONALD

Elementary School Eisenhower Center For Innovation

Tax Annual Amount 2886.0

Middle/Junior High School Carson Junior High School

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 41

Standard Status Active

Occupancy Type Tenant

Elementary School District Mesa Unified District

Tax Lot 8

Cap Rate 6.39

Buyer Agent Compensation Type %

New_sp_Financing_co_Conventional5 True

Ownership Other (See Remarks)

Senior Community N

Interior

Flooring Carpet Ceramic Tile

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix --

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features Paved Parking Street Parking

Water Source City Franchise Individual Meter

Total Parking 18.0

Lot Size Area 0.0

Number of Buildings 3

Spa N

Lot Dimensions 331.4x67

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

Internal Only

Street Number 1 228

* Excluded Features

List By

Berkshire Hathaway Homeservices Arizona Properties

Broker

joseph.bostaph@bhhsaz.com

Affordability Calculator

$9,213

Per Month

Monthly Principal & Interest: $8,973
Monthly Property Taxes: $241
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

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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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Mesa, AZ

Average List Price ^$965,650

Percent of Sale Price 28%

About Mesa, AZ

497,111 Population

24% Since 2002

^$51,369 Median Income

36.48 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4328068 Elementary School

4327344 Middle School

Westwood High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/5/2024	$1,350,000	-6.90%	Price Down
4/25/2024	$1,450,000		Listed Price

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228 N MACDONALD --, Mesa, AZ, 85201 is a Multi-Family Home for sale at $1,350,000. 228 N MACDONALD -- is a studio with 0.0 baths and was built in 1973. The property's zip code is 85201 which is in Mesa, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/12/2024.

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228 N MACDONALD --

Multi-Family Home for sale in Mesa, AZ

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