2 well maintained units that have been used as office space for the last 17 years. One 2 bed/1 bath unit and one 1 bed/1 bath unit. Value-add of potentially building another unit in the large backyard, please verify with City of Mesa. All new underground plumbing as of 9-2023.
An extraordinary investment opportunity in this desirable North Mesa community! All 4 turnkey units are 2 bedroom, 1 bathroom that boast 867 sq ft with private washer & dryer hookup. The savvy investor can convert the large 139 sq ft (11.6ft x 12ft) patio and large 76 sq ft (11.6 ft x 6.6ft) laundry room into a 3rd bedroom and 2 bathroom. City of Mesa Section 8 Housing Choice Voucher Program provides housing assistance with the following payment standards as followed $1,783 for 2 bedroom units, and $2,414 for 3 bedroom units. This lucrative Fourplex opportunity has the potential of producing $85,584 to $115,872 yearly gross income.
The median home value in Mesa, AZ is $425,900. This is lower than the county median home value of $456,600. The national median home value is $338,100. The average price of homes sold in Mesa, AZ is $425,900. Approximately 54.77% of Mesa homes are owned, compared to 32.79% rented, while 12.44% are vacant. Mesa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mesa real estate agent to arrange a tour today!
Mesa, Arizona 85203 has a population of 497,752. Mesa 85203 is less family-centric than the surrounding county with 28.21% of the households containing married families with children. The county average for households married with children is 31.17%.
The median household income in Mesa, Arizona 85203 is $65,725. The median household income for the surrounding county is $72,944 compared to the national median of $69,021. The median age of people living in Mesa 85203 is 36.6 years.
The average high temperature in July is 104.6 degrees, with an average low temperature in January of 40.9 degrees. The average rainfall is approximately 10.1 inches per year, with 0 inches of snow per year.