1402 E Dana Avenue Mesa, AZ $ 2,190,000
1402 E Dana Avenue
$ 2,190,000
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1402 E Dana Avenue

Mesa, AZ, 85204
$ 2,190,000
Baths0.0

Monthly Estimate*

$ 14,555

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Studio

Multi-Family Home for sale in Mesa, AZ

for $2,190,000. This home was built in 1966.

Rare investment opportunity to own 3 duplexes and 2 single-family homes near Downtown Mesa. All single-story slump block construction, individually metered for electricity and gas. All 3 duplexes consist of 2 bedroom, 1 bath units w/ private front/back yards, washer/dryer hookups. Each of the 2 houses have 3 bedrooms, 2 bath layouts w/attached garage, private front and back yards. Sale includes two parcels 138-09-060E and 138-09-059A (one single-family home on its own parcel). Substantial upgrades made in recent years: 5 of the 6 duplex units have new A/Cs, both of the single family homes have new A/Cs all w/transferrable warranties. 5 of the 6 duplexes have new water heaters. Both single-family homes have new water heaters. Both single-family homes have new roofs w/transferable warranty.

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Multi-Family Active

Price

$ 2,190,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,139

Style

Multiple Dwellings

Year Built

1966

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6693173

Features
General
Sewer Public Sewer
Heating Individual Central
Cooling Central A/C Individual Ceiling Fan(s)
Roof Composition
Zoning RM-2
Construction Materials Painted Block
Year Built 1966
Electric SRP
Tenant Pays Trash Collection Gas Electricity Sewer Cable TV Landscaping
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 89100.0
Community Features No Pool
County Maricopa
Net Operating Income 83014.46
Operating Expense 12358.5
Insurance Expense 3133.0
Property Type Multiple Dwellings
Attached Garage Y
Subdivision Name LA ZONA ACRES LOTS 1 THRU 14 26 THRU 29 32 THRU 37 TRACTS A & B
Garage Y/N Y
Status Active
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 0.0
Total Units 8
Lot Size Square Feet 0.0
Carport Y/N N
Street Name Dana
Tax Annual Amount 3139.96
Water Sewer Expense 6085.54
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 349
Standard Status Active
Occupancy Type Tenant
Elementary School District Mesa Unified District
Tax Lot 138-09-060E
Cap Rate 3.79
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
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Attached 1 Space/Unit Street Parking Common
Water Source City Franchise
Total Parking 6.0
Lot Size Area 0.0
Number of Buildings 5
Spa N
Lot Dimensions 31822
Lot Size Acres 0.0
Road Surface Type Asphalt Sidewalk(s)
Covered Spaces 6.0
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 1402
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* Excluded Features
List By
Homesmart

Broker

gcontreras.contreras@gmail.com

Email

Affordability Calculator

$14,817
Per Month
98%
2%
0%
Monthly Principal & Interest
$14,555
Monthly Property Taxes
$262
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
4327115 Elementary School
4327715 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2024$2,190,000 Listed Price

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1402 E Dana Avenue, Mesa, AZ, 85204 is a Multi-Family Home for sale at $2,190,000. 1402 E Dana Avenue is a studio with 0.0 baths and was built in 1966. The property's zip code is 85204 which is in Mesa, AZ