Listing MLS# 6842303 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, Almond Place - Mesa real estate for sale, Mesa, AZ homes for sale and Mesa real estate and Mesa homes.

$580,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$580,000 No Recent Price Change
532 S Mesa Drive
Mesa, AZ 85210
  • N/ABeds
  • 0.00Total Baths
  • N/ASqFt
  • 1981Year Built
  • 0.00Acres
  • 44 yearsEst Age
  • MLS# 6842303
  • Multifamily
  • Multiple Dwellings
  • Active

  • Approx Time on Market6 months, 12 days
  • AreaMaricopa
  • CountyMaricopa
  • Subdivision Almond Place

Overview

Exceptional investment opportunity in a prime Mesa location near Mesa Community College and major freeways. This property features 3 units: one on the lower level, one on the ground level, and one on the upper level, each with its own washer and dryer. All units are tenant-occupied on month-to-month leases at $1,000 per month, with potential to increase rents to $1,300-$1,400 per month per unit. The property offers stable occupancy, no HOA fees, and low maintenance, making it ideal for investors seeking strong cash flow and long-term value. Close to education, transportation, shopping, and dining, this 3-unit property combines immediate income with significant rental growth potential in one of Mesa's most desirable markets.



Agriculture / Farm

Horse:  No

Association Fees / Info

Community Features:  No Pool

Hoa:  No

Bathroom Info

Building Info

Construction Materials:  Wood Frame, Stucco

Roof:  Composition

Exterior Features

Pool Private:  No

Financial

Owner Pays:  Trash Collection,Water,Landscaping

Gross Income:  41040

Garage / Parking

Parking Features:  Assigned

Garage:  No

Attached Garage:  No

Interior Features

Flooring:  Ceramic Tile, Vinyl

Appliances:  Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer

Fireplace:  No

Lot Info

Number of Buildings:  1

Other School Info

Property Info

Road Surface Type:  Asphalt

Zoning:  Multi Family

Property Attached:  No

Tax Info

Tax Amount Annual:  985

Unit Info

Total Units:  3

Utilities / Hvac

Water Source:  City Franchise

Electric:  SRP

Cooling:  Yes

Cool System:  Electric, Heat Pump

Heating:  Electric

Heating:  Yes

Sewer:  Public Sewer

Waterfront / Water

Water Front:  No

Schools

Elem:  Holmes Elementary School

High:  Mesa High School

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On barbarabakerrealty.com since Tue, Mar 25th 2025
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