711 E MARILYN Avenue Mesa, AZ $ 624,999
711 E MARILYN Avenue
$ 624,999
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711 E MARILYN Avenue

Mesa, AZ, 85204
$ 624,999
Baths0.0

Monthly Estimate*

$ 4,154

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Studio

Multi-Family Home for sale in Mesa, AZ

for $624,999. This home was built in 1971.

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.

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Multi-Family Active

Price

$ 624,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,261

Style

Multiple Dwellings

Year Built

1971

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6709630

Features
General
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
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 N
Subdivision Name N/A
Garage Y/N N
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 N
High School District Mesa Unified District
Open Parking Spaces 3.0
NumberOfUnitsTotal 3
Lot Size Square Feet 0.0
Carport Y/N N
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 N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://dashboard.rocketlister.com/anon/website/virtual_tour/608471?view=mls
Days on Market 29
Standard Status Active
Occupancy Type Owner
Elementary School District Mesa Unified District
Tax Lot 139-26-044B
Cap Rate 6.63
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
New Financing True
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Electric On Property Y/N N
Total Baths 0
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Exterior
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 N
Lot Dimensions 10675
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 3.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 711
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* Excluded Features
List By
Delex Realty

Broker

cejarealty@gmail.com

Email

Affordability Calculator

$4,259
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,154
Monthly Property Taxes
$105
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
4327620 Elementary School
4327595 Middle School
Mesa High School High School
Pricing History
DatePricePrice ChangeDescription
6/21/2024$624,999 0.00% Price Down
5/24/2024$625,000 Listed Price

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711 E MARILYN Avenue, Mesa, AZ, 85204 is a Multi-Family Home for sale at $624,999. 711 E MARILYN Avenue is a studio with 0.0 baths and was built in 1971. The property's zip code is 85204 which is in Mesa, AZ