750 E 1ST Avenue #1 Active Save Request In-Person Tour Request Virtual Tour
Mesa,AZ 85204
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Chula Vista Amd
MLS Listing ID 6775230
Maintenance Fees $4,400
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1978
Annual Tax Amount $2,371
Tax Year 2024
Lot Dimensions IRR
Property Description
This 16-unit complex is centrally located within the thriving core of the city of Mesa near the city's historic residential district. The unit mix consists of eight studio/1 bath units and eight 1 bed/1 bath units. The majority of the interiors have been professionally renovated including: fresh paint; new shaker-styled kitchen cabinets; new Quartz kitchen countertops surrounded by subway-styled back splashes; all new stainless steel kitchen appliances including new in-suite washer/dryer units; new modern interior doors and exterior front door; and most with new trendy plank flooring.
Exterior features include fresh paint and a gated courtyard with synthetic grass which features a grilling area. Outside of the gated area consists of low cost/maintenance desert landscaping. The private parking lot provides an abundance of parking and the roofs on both buildings were replaced in 2019.
Demand is seemingly growing within the area for units that are central, smaller, close to public transportation, however, with remodeled interiors. As such, this property is conveniently located within walking distance from the highly sought-after Valley Metro Light Rail Line. The nearby employment base is vast which consists of large & small employers. The district serves its residents well by providing an abundance of choices related to shopping, dining, entertainment, schools and hospitals.
Furthermore, this complex is located within the City of Mesa "Opportunity Zone" which continues to attract more investors as they continue to substantially improve existing properties within the district. Large new developments have also been completed with others in the pipeline.
Buyer to verify all facts and figures.
Drive by only...please do not disturb residents.
Location
State AZ
County Maricopa
Community Chula Vista Amd
Zoning MF
Direction (NW corner of Horne & 1st Ave)
Interior
Heating Individual,Heat Pump,Electric
Cooling Central A/C,Individual,Electric,Ceiling Fan(s)
Flooring Ceramic Tile,Vinyl
Appliance F/S Oven/Range,Microwave,Washer/Dryer,W/D Hookup
Exterior
Garage Paved Parking,Free,>1 Space Per Unit
Community Features Barbecue,No Pool
Roof Type Composition,Foam
Total Parking Spaces 22
Building
Sewer Public Sewer
Water City Franchise,Master Meter
New Construction No
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 138-28-078
Acceptable Financing No Carry,Conventional,1031 Exchange
Listing Terms No Carry,Conventional,1031 Exchange