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158 N WILBUR -- Mesa, AZ $ 419,900
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158 N WILBUR --
$ 419,900
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New Construction
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158 N WILBUR --

Mesa, AZ, 85201
$ 419,900
Baths0.0

Monthly Estimate*

$ 2,933

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Studio

Multi-Family Home for sale in Mesa, AZ

for $419,900. This home was built in 1955.

FULLY OCCUPIED.... Duplex with long term tenants in place, lease(s) through May 31, 2025. Perfect opportunity to invest in this well maintained property in the historical Wilbur District in downtown Mesa. Plus, future appreciation due to Mesa's APPROVED planned ''Transform 17'' (aka: Nexus) to be built just North of this property. These 1 bed, 1 bath units have carpet, tile, gas stove, private laundry and covered parking. Large fenced in back yard with manicured grass and pergola. Property has newer roof and 2 AC units. Owner pays water, sewer, trash. Conveniently located near local amenities, Mesa Amphitheatre, cultural attractions, and light rail. Don't miss this gem of a property! Please do not disturb tenants! Tax records show ''158'' Wilbur, the second unit is ''160''.

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Multi-Family Active

Price

$ 419,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 791

Style

Multiple Dwellings

Year Built

1955

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6677500
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Heat Pump Electric Ceiling Fan(s)
Roof Composition
Zoning R-TC
Construction Materials Painted Block
Year Built 1955
Electric City Electric
Tenant Pays Gas Electricity Cable TV
Township 1N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 19200.0
Community Features Play Area No Pool
County Maricopa
Net Operating Income 13985.0
Operating Expense 6006.0
Insurance Expense 640.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name WILBUR SUB
Garage Y/N N
Status Active
Directions North on Mesa Dr West (left) on 1st Street North (right) on Wilbur to property on left. Tax records reflect only ''158'' but the 2nd unit is ''160'' N Wilbur
City Mesa
Buyer Agent Compensation 3.00
Disclosures Seller Prop Disc Stm
View Y/N N
High School District Mesa Unified District
Open Parking Spaces 0.0
Total Units 2
Lot Size Square Feet 0.0
Carport Y/N N
Street Name WILBUR
Tax Annual Amount 791.0
Water Sewer Expense 2275.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 43
Standard Status Active
Occupancy Description Tenant
Elementary School District Mesa Unified District
Tax Lot 15
Cap Rate 2.61
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
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Interior
Flooring Carpet Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix --
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Common
Water Source City Franchise
Total Parking 2.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions 7492
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 2.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 158
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* Excluded Features
List By
Keller Williams Integrity First

Broker

Travis@sellingmadesimple.com

Email

Affordability Calculator

$2,999
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,933
Monthly Property Taxes
$66
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
4327115 Elementary School
4327715 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/23/2024$419,900 -17.67% Price Down
4/7/2024$510,000 -4.67% Price Down
3/15/2024$535,000 Listed Price

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158 N WILBUR --, Mesa, AZ, 85201 is a Multi-Family Home for sale at $419,900. 158 N WILBUR -- is a studio with 0.0 baths and was built in 1955. The property's zip code is 85201 which is in Mesa, AZ

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