505 N Williams Street, Mesa, AZ 85203

$1,300,000
List Price
$1,300,000
Days on Market
11
Status
UCB (UNDER CONTRACT-BACKUPS)
MLS#
6218282
City
Mesa
Lot Size
8
Subdivision
Ko Ko Palms 2
Year Built
1963

Property Description

We are pleased to announce Eight on Williams in Mesa. This property is excellent unit mix all two bedroom one bath units. Property has had some recent capital expenders. New roof on back building, new paint and landscaping. Some units have granite counter tops updated kitchens flooring and bathrooms. Garden building in back have private yards. All units have covered parking. Some units have washer hooks as well. Great opportunity for value you add. Current rents are below market 875-975. Market rents are 1,100-1,200. Projected proforma on property. All facts and figures are approximate buyer verify MLS information. Seller holds an active AZ real estate license. Drive by only tenants are unware of the sale. No showings without accepted contract.

Additional Information

School District
004 - Mesa Unified District
Construction
Block, Frame - Wood
Cooling
Electric Refrigeratd
Electric
SRP
Exterior Amenities
Green Landscaping
Finish
Painted
Floors
Carpet
Gas
Other (See Remarks)
Guest House SqFt
8
Heating
Other (See Remarks)
Interior Amenities
Unfurnished
Lot Size
8
New Financing
Seller May Carry
Parking
Carport
Project Type
5 - 12 Units
Roofing
Comp Shingle
Sewer
Sewer - Public
Pool
Yes
Subdivision
Ko Ko Palms 2
Taxes
$1,570
Tenant Pays
Electric
Units
8
Water
City Franchise
Zoning
R

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Grace CRE.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.