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62 S BARKLEY -- Mesa, AZ 85204
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Key Details
Sold Price $985,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision La Zona Acres Lots 15 Thru 19 38 Thru 43
MLS Listing ID 6208487
Sold Date 05/17/21
Maintenance Fees $5,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1962
Annual Tax Amount $1,606
Tax Year 2020
Lot Dimensions 21168
Property Description
These seven units on Barkley are a tenants dream! Well maintained, patio style building with seven spacious 2 bedroom/1 bath units. This property has so much value add opportunity with private yards, light remodels, and bringing rents to full market value. Property includes covered parking and storage units for the tenants. Irrigated lawn stays beautiful and green, even in the desert! Conveniently located within walking distance from light rail and nearby entertainment, employment, and schools. Proforma cap rate at 6.07%. *All figures are approximate, buyer to verify all MLS information. Do Not Disturb Tenants. Drive-by only!
Location
State AZ
County Maricopa
Community La Zona Acres Lots 15 Thru 19 38 Thru 43
Zoning buyer to verify
Direction From US 60, go north on Stapley to E Dana Ave, turn east, then north on Barkley. Property is on left
Interior
Heating Heat Pump, Electric
Cooling Heat Pump
Flooring Carpet, Ceramic Tile, Vinyl
Appliance Built-In Range, W/D Hookup
Exterior
Parking Features Paved, Free, >1 Space Per Unit, On Street, Carport
Community Features No Pool
Roof Type Composition
Total Parking Spaces 14
Building
Sewer Public Sewer
Water Irrigation, City Franchise
New Construction No
Schools
Elementary Schools Longfellow Elementary School
Middle Schools Poston Junior High School
High Schools Mesa High School
School District Mesa Unified District
Others
Senior Community No
Tax ID 138-11-052-B
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Cash
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