240 S Doran Circle new Save Request In-Person Tour Request Virtual Tour
Mesa,AZ 85204
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Hibbert-Allen Acres Lots 1-4
MLS Listing ID 6901811
Year Built 1981
Annual Tax Amount $1,439
Tax Year 2024
Lot Dimensions 125'x80'
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Investor's dream**DO NOT DISTURB OCCUPANTS**
Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained. Fully occupied. Built in 1981. 10,000 sqft lot
The current rents are $1,500/month/unit. Total of $6,000/month. Tenants never pay late. Tile floors throughout in unit 1, 2, 3. LVP in unit 4. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. Individual laundry inside each unit, with drain. Four individual storage units. 6 covered parking spots. Two additional uncovered. New roof in 2024. New AC unit in Unit 2 in 2024. ACs regularly maintained
Location
State AZ
County Maricopa
Community Hibbert-Allen Acres Lots 1-4
Zoning RM-4
Direction Head north on Stapley. Turn right on E. Dana Ave. Next turn right on S. Doran. Property will be ahead on your right.
Interior
Heating Electric
Cooling Electric
Flooring Ceramic Tile,Vinyl
Appliance Free-Standing Range,Refrigerator,Washer/Dryer,W/D Hookup
Exterior
Parking Features Add'l Parking Avail,>1 Space Per Unit
Community Features No Pool
Roof Type Composition,Built-Up
Building
Sewer Public Sewer
Water 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 138-14-012-D
Acceptable Financing No Carry,Conventional,1031 Exchange,FHA
Listing Terms No Carry,Conventional,1031 Exchange,FHA