Address
711 E MARILYN Avenue, Mesa, AZ
Price
$ 625,000
Property Attributes
  • MLS#6709630
  • TypeMulti-Family
  • CountyMARICOPA
  • CityMesa
  • Zip85204
  • StyleMultiple Dwellings
  • Year Built1971
  • Taxes$ 1261
  • Price$ 625,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

This captivating Triplex presents a unique investment opportunity in the great Mesa, Az. Starting with carport parking and a low-maintenance front yard. Each unit features a living & dining room, kitchen, two bedrooms, and a bathroom. Each unit also has its own laundry room w/Washer and dryer. Every unit benefits from a private back patio, fully fenced for added security and privacy, allowing tenants to enjoy their own outdoor space. This triplex is ideally situated to take advantage of Mesa's vibrant local amenities, including shopping centers, parks, and excellent schools, making it not only a wise investment but also a delightful place for residents to call home. With its strong rental history, this property is a standout choice for anyone looking to expand their real estate portfolio.

Elementary School Middle School High School
Holmes Elementary School Kino Junior High School Mesa High School
Price History
5/24/2024 Listed $625,000

General Features

Sewer Public Sewer
Heating Electric
Cooling Electric,Ceiling Fan(s)
Roof Composition
Zoning M-H
Construction Materials Siding,Painted,Slump Block
Year Built 1971
Electric SRP
Tenant Pays Electricity,Cable TV
Township 1N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 51480.0
OwnerPays Water,Sewer
Community Features No Pool
County Maricopa
Net Operating Income 41450.0
Operating Expense 10030.0
Insurance Expense 3169.0
Property Type Multiple Dwellings
Attached Garage No
Subdivision Name N/A
Garage Y/N No
Status Active
Directions Head East on E Broadway Rd. Turn right onto S Horne. Turn right onto E Marilyn Ave.
High School Mesa High School
City Mesa
Buyer Agent Compensation 2.00
Disclosures Seller Prop Disc Stm
View Y/N No
High School District Mesa Unified District
Open Parking Spaces 3.0
NumberOfUnitsTotal 3
Lot Size Square Feet 0.0
Carport Y/N No
Street Name MARILYN
Elementary School Holmes Elementary School
Tax Annual Amount 1261.0
Middle/Junior High School Kino Junior High School
Trash Expense 800.0
Water Sewer Expense 4200.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://dashboard.rocketlister.com/anon/website/virtual_tour/608471?view=mls
Days on Market 13
Standard Status Active
Occupancy Type Owner
Elementary School District Mesa Unified District
Tax Lot 139-26-044B
Cap Rate 6.63
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community No
New Financing True

Interior Features

Flooring Ceramic Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Parking Features Free,1 Space/Unit,Common
Water Source City Franchise
Total Parking 6.0
Lot Size Area 0.0
Number of Buildings 1
Spa No
Lot Dimensions 10675
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 3.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85204

Price
AVG $1.11M
$630K
Taxes
AVG $1,865
$1,261
Visits
AVG 252
277
Data Provided by Inside Real Estate®
Year Built
AVG 1965
1971

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