860 E Brown Road # 5 Mesa, AZ ^$ 815,000

860 E Brown Road # 5

^$ 815,000

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860 E Brown Road # 5

Mesa, AZ, 85203

^$ 815,000

Studio Baths0.0

Monthly Estimate*

^$ 4,881

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860 E Brown Road # 5, Mesa, AZ 85203 - Image 8

860 E Brown Road # 5, Mesa, AZ 85203 - Image 9

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860 E Brown Road # 5, Mesa, AZ 85203 - Image 11

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Studio

Multi-Family Home for sale in Mesa, AZ

for $815,000. This home was built in 1980.

Multi-Family Pending

Price

^$ 815,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,659

Style

Multiple Dwellings

Year Built

1980

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6747427

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central A/C

Roof Composition

Zoning R-4

Construction Materials Painted Stucco Frame - Wood

Year Built 1980

Electric SRP

Tenant Pays Electricity

Unit Number 5

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 61299.0

Community Features Pool

County Maricopa

Net Operating Income 40590.0

Operating Expense 15893.0

Insurance Expense 4535.0

Property Type Multiple Dwellings

Attached Garage N

Garage Y/N Y

Status Pending

City Mesa

Disclosures None

View Y/N N

High School District Mesa Unified District

Open Parking Spaces 4.0

NumberOfUnitsTotal 4

Lot Size Square Feet 0.0

Carport Y/N N

Tax Annual Amount 1659.0

Water Sewer Expense 2899.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 12

Standard Status Pending

Elementary School District Mesa Unified District

Tax Lot 16

Cap Rate 4.98

New Financing True True

Ownership Fee Simple

Senior Community N

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features Paved Parking >1 Space Per Unit

Water Source City Franchise Submetered System

Total Parking 8.0

Lot Size Area 0.0

Number of Buildings 1

Spa N

Lot Dimensions 3804

Lot Size Acres 0.0

Road Surface Type Asphalt

Covered Spaces 4.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 860

* Excluded Features

List By

Matthews Real Estate Investment Services

Broker

brad.skenderian@matthews.com

Affordability Calculator

$5,019

Per Month

Monthly Principal & Interest: $4,881
Monthly Property Taxes: $138
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 5.99% 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

Trends
Schools

Multi-family listings in Mesa, AZ

Average List Price ^$1,672,292

Percent of Sale Price 105%

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.

4327115 Elementary School

4327715 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/23/2024	$815,000		Listed Price

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860 E Brown Road # 5, Mesa, AZ, 85203 is a Multi-Family Home for sale at $815,000. 860 E Brown Road # 5 is a studio with 0.0 baths and was built in 1980. The property's zip code is 85203 which is in Mesa, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% 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 9/21/2024.

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860 E Brown Road # 5

Multi-Family Home for sale in Mesa, AZ

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