Listing MLS# 6861620 Mesa AZ Real Estate

Please contact Barbara Baker at 928.301.0669 for more information on this property! I specialize in Mesa AZ real estate, Suburban Gardens 2 - Mesa real estate for sale, Mesa, AZ homes for sale and Mesa real estate and Mesa homes.

$745,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$745,000 No Recent Price Change
1138 E 2nd Street
Mesa, AZ 85203
  • N/ABeds
  • 0.00Total Baths
  • N/ASqFt
  • 1973Year Built
  • 0.00Acres
  • 52 yearsEst Age
  • MLS# 6861620
  • Multifamily
  • Multiple Dwellings
  • Active

  • Approx Time on Market5 months,
  • AreaMaricopa
  • CountyMaricopa
  • Subdivision Suburban Gardens 2

Overview

Prime Mesa Investment Opportunity! This 4-plex offers 4 spacious 2-bed, 2-bath, 1000sqft units with strong upside potential. First-floor units boast remodeled kitchens, all-tile floors, and large fenced yards. Upstairs, Unit D features vinyl floors and a remodeled kitchen; Unit C has a remodeled kitchen, laminate in living areas, and carpeted bedrooms. Most windows upgraded to vinyl dual-pane. Separate laundry building with owned coin machines generates ~$1,500/yr, plus tenant storage. Long-term tenants at below-market rents offer significant rent increase potential. New roof with 5yr warranty. Steps from light rail. Owner pays water, sewer, trash, and laundry power. See APOD in docs. Buyer/agent to verify all info. Act now for great cash flow potential!



Agriculture / Farm

Horse:  No

Association Fees / Info

Community Features:  Other, See Remarks

Hoa:  No

Bathroom Info

Building Info

Construction Materials:  Wood Frame, Painted

Roof:  Other, Built-Up, Foam, Shake

Exterior Features

Pool Private:  No

Financial

Owner Pays:  Other,See Remarks,Trash Collection,Water,Sewer

Gross Income:  55740

Garage / Parking

Parking Features:  Carport

Garage:  No

Attached Garage:  No

Interior Features

Flooring:  Carpet, Ceramic Tile, Vinyl

Appliances:  Free-Standing Range, Microwave

Fireplace:  No

Lot Info

Lot Size:  6897

Number of Buildings:  1

Other School Info

Property Info

Road Surface Type:  Asphalt, Dedicated Street, Concrete, Sidewalk(s)

Zoning:  MULTI

Property Attached:  No

Tax Info

Tax Legal Description:  LOT 32 SUBURBAN GARDENS 2 MCR 009143

Tax Amount Annual:  1543

Unit Info

Total Units:  4

Utilities / Hvac

Water Source:  City Franchise

Electric:  City Electric

Cooling:  Yes

Cool System:  Central Air

Heating:  Other, See Remarks

Heating:  Yes

Sewer:  Public Sewer

Waterfront / Water

Water Front:  No

Directions

South on Stapley, West on 2nd St

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On barbarabakerrealty.com since Mon, May 5th 2025
No Property History recorded for this listing.
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