1432 E Knoll Circle, Mesa, AZ 85203

$699,000
8
BD
8
BA

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List Price
$699,000
Status
ACTIVE
Days on Market
0
MLS#
7099050
Subtype
Multiple Dwellings
Year Built
1986
Bedrooms
8
Bathrooms
8
Subdivision
North Gate Gardens Unit 2

Property Description

This 3,400 sq. ft. individually metered fourplex offers investors a perfect blend of stable, immediate cash flow and substantial value-add potential. Consisting entirely of highly rentable 2-bedroom, 1.5-bathroom units (approx. 850 sq. ft. each), this property is designed for efficient management and maximum tenant appeal. Every unit features washer/dryer hookups and spacious outdoor patio area. Individually metered for both water and electric - because tenants pay their own water and electric, owner utility expenses are kept to an absolute minimum. Two units are currently occupied with long term tenants at market rates. One unit has been updated and will be vacated shortly.

Additional Information

Taxes
$1,887
Zoning
RM-3
Appliances
Refrigerator, Dishwasher, W/D Hookup, Built-In Electric Oven
Heating
Electric
Air Conditioning
Electric, Ceiling Fan(s)
Exterior Construction
Wood Frame, Stucco
Parking Features
Free, Paved, >1 Space Per Unit, Off Street
Elementary School
MacArthur Elementary School
Middle School
Stapley Junior High School
High School
Mountain View High School

Courtesy of ML CO Realty. 602-957-0604

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