6723 E AVALON Street $1,000,000

    Close

    6723 E AVALON Street Mesa, AZ 85205

    • 0 Beds
    • 0 Baths
    • MultiFamily
    • MLS# 6323917
    Favorite Share
    Views: 6 Days On Site: 8

    Go Tour This Listing

    Schedule A Showing

    Property Details

    DO NOT DISTURB TENANTS! Fantastic opportunity to own 8 units in East Mesa. This is a cashflowing asset with the opportunity to renovate one down unit and raise rents. This property consists of two 1 bedroom units and six studio units. This is a stable apartment with tons of upside.

    • General Features
      • Community Amenities Other
      • County Maricopa
      • Covered Parking Spcs 0.00
      • Cross Street Power and Main
      • Directions South on Power to Avalon, west to the property on the south side of the road
      • Gas None
      • Marketing Name Avalon Apartments
      • New Financing 1031 Exchange,Conventional
      • Parking 1 Space/Unit
      • Project Type 5 - 12 Units
      • Roofing Comp Shingle,Foam
      • Special Listing Conditions Owner/Agent
      • Subdivision DESERT WELLS AMD
      • Tax Municipality Mesa
      • Taxes $1,450
      • Total Units 8.00
      • Year Built 1950
      • Zoning LC
    • Building Features
      • Construction Block
      • Appliances Included F/S Oven/Range,Microwave,Refrigerator
      • Floors Ceramic Tile
      • Cooling Window/Wall Unit
      • Heating Window/Wall Unit(s)
    • Room Features
      • # 1 Bedroom Units 2
      • 1 Bedroom Units: Avg Rent 1032.00
      • 1 Bedroom Units: Avg SqFt 550
      • 1 Bedroom Units: # Baths 1
      • # 2 Bedroom Units 0
      • 2 Bedroom Units: # Baths 0
      • 2 Bedroom Units: Avg Rent 0.00
      • 2 Bedroom Units: Avg SqFt 0
      • # 3 Bedroom Units 0
      • 3 Bedroom Units: Avg SqFt 0
      • 3 Bedrooms Units: # Baths 0
      • 3 Bedrooms Units: Avg Rent 0.00
      • # 4 Bedroom Units 0
      • 4 Bedrooms Units: # Baths 0
      • 4 Bedrooms Units: Avg Rent 0.00
      • 4 Bedroom Units: Avg SqFt 0
    • Property Features
      • Efficiency Units: # Efficiency Units 6
      • Efficiency Units: # Baths 1
      • Efficiency Units: Avg SqFt 375
      • Efficiency Units: Avg Rent 964.00
      • Legal Info: Township 24
      • Tenant Pays Cable TV
      • Owner Pays Electric,Landscaping,Sewer,Trash Collection,Water
      • Income & Expenses: Net Operating Income 53858.00
      • Income & Expenses: Gross Annual Sch Inc 76764.00
      • Income & Expenses: Adjusted Gross Inc 72925.80
      • Legal Info: Range 6E
      • Legal Info: Lot Number 6
      • Total Parking Space 8.00
      • Electric Master Meter,SRP
      • Sewer Sewer - Public
      • Water City Franchise
    • Schools
      • School District 004 - Mesa Unified District

    Contact

    Neighborhood

    85205 (Mesa) Demographics

    49 Median Age
    4,407 Population Density (per sq. mile)
    36% College Educated
    $55,699 Estimated Median Income
    12,005 Estimated Total Home Owners
    5,632 Estimated Total Renters
    68% / 32% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    43,135 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    76 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,000,000
        11/26/2021 1:09:00 AM New in Database Source: Multiple Listing Service New Value: $1,000,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 12/4/2021 6:28:09 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Tangible Wealth A Luxury Real Estate Company.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.