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    408 N Williams

    Mesa, AZ 85203
    • $610,000
    • STATUS: Closed
    • ON SITE: 104 days
    • MLS #: 6204855
    Sold - 05/14/2021
    $610,000
    SOLD - 05/14/2021
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    School District:

    Description

    WI L L I A M S 4 is a 4-unit apartment communitylocated just North University Drive immediately West of Gilbert Road offering convenient access to both Downtown Mesa and Gilbert. Williams 4 is centrally positioned among Mesa's densely saturated economic corridors which include Falcon Field Airport, Downtown Mesa, Fiesta District, Superstition Freeway Corridor and NW Gilbert Corridor.Developed in 1963, the property features two-bedroom, one bath floor plans averaging 800-square-feet. All units include in suite laundry and two of the units have been lightly renovated.Future ownership will have the opportunity to further renovate unit interiors to realize an interior renovation premium as well as implement operational efficiencies such as monthly utility recapture (or RUBS).

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    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Everest Team at eXp Realty. Data last updated 2021-06-22T19:11:36.717.
    www.theeverestteam.com/homes/114919456
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    408 N Williams Mesa, AZ 85203

    • Price: $610,000
    • Status: Closed
    • Updated: 50 min ago
    • MLS #: 6204855
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1963
    Built
    Neighborhood:
    Ko Ko Palms
    County:
    Maricopa
    Area:
    Mesa
    Elementary School:
    Hawthorne Elementary School
    Middle School:
    Poston Butte High School
    High School:
    Mountain View - Waddell
    School District:
    004 - Mesa Unified District
    Property Description
    WI L L I A M S 4 is a 4-unit apartment communitylocated just North University Drive immediately West of Gilbert Road offering convenient access to both Downtown Mesa and Gilbert. Williams 4 is centrally positioned among Mesa's densely saturated economic corridors which include Falcon Field Airport, Downtown Mesa, Fiesta District, Superstition Freeway Corridor and NW Gilbert Corridor.Developed in 1963, the property features two-bedroom, one bath floor plans averaging 800-square-feet. All units include in suite laundry and two of the units have been lightly renovated.Future ownership will have the opportunity to further renovate unit interiors to realize an interior renovation premium as well as implement operational efficiencies such as monthly utility recapture (or RUBS).
    Exterior Features

    Construction Block Construction Finish StoneStucco Covered Parking Spaces 4.00 Exterior Amenities Cable Tv AvailableDesert LandscapingGreen Landscaping Lot Size Dimensions 13509 Parking 1 Space/UnitAdd'l Parking AvailFreePaved Parking Roads AsphaltCurb(S) & Gutter(S) Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 800 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigeratorW/D Hookup Cooling Electric RefrigeratdIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Individual Interior Amenities Fire/Smoke Alarm(S)Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1150.00 2 Bedroom Units 4 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 51253.50 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1117.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1200.00 Annual Legal And Acctg 932.00 Annual Maint Exp 1800.00 Annual Mgmt Exp 3241.00 Annual Other Expense 1160.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 1000.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 5144.00 Community Amenities No Pool Cross Street Gilbert Rd And University Dr Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual Meter Gas None Gross Annual Sch Inc 52440.00 Hoa YN No Net Operating Income 33787.50 New Financing Conventional Operating Exp 17466.00 Other Income 2085.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Maricopa - County Taxes 1872.00 Tenant Pays Cable TvElectric Vacancy Allowance 0.06 Water City Franchise Zoning C-O/Commercial

    Listing courtesy of Corcoran Platinum Living.


    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Everest Team at eXp Realty. Data last updated 2021-06-22T19:11:36.717.
     
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    The Everest Team at eXp Realty
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    Chandler AZ, 85248