507 S Hall Street, Mesa, AZ 85204

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Sold Price
$800,000
List Price
$820,000
Closing Date
Sep 16, 2024
Days on Market
181
Status
CLOSED
MLS#
6681066
City
Mesa
Bedrooms
8
Bathrooms
4
Year Built
1962

Property Description

Owner would prefer to sell with 517 S Hall St. Owner self managed. Owner has recently installed fencing giving each unit significant private space. This will make the units much more marketable in the future, and will shift the exterior maintenance for the private spaces from the obligation of the landlord to the obligation of the tenant. An ADA sidewalk from the front to the back was also installed. Rent was also increased to at least $1400 for all tenants except unit D. All tenants are month to month Except unit D, and all would like to stay. Opportunity to improve numbers and get economies of scale with upgrades and buying both units. both units.

Additional Information

Community Features
No Pool
Construction
Block, Painted, Brick Veneer
Cooling
Heat Pump, Electric, Varies by Unit
Electric
SRP
Heating
Electric, Heat Pump
New Financing
FHA, Wraparound, Conventional
Parking Features
1 Space/Unit
Roofing
Composition
Sewer
Public Sewer
Taxes
$1,530
Tax Year
2023
Tenant Pays
Electricity, Cable TV
Units
4
Water
City Franchise
Zoning
MULTI

Courtesy of AZ Brokerage Holdings, LLC. 480-948-9450 Selling Office: My Home Group Real Estate.

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