Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Falcon Estates Fourplex Subdivision
MLS Listing ID 6881996
Maintenance Fees $1,600
Year Built 2005
Annual Tax Amount $3,854
Tax Year 2024
Lot Dimensions 3085
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Minutes from Boeing, MD Helicopters, Falcon Field, and major industrial employers, this fully occupied fourplex features 3 bed, 2 bath units with over 1,200 SQFT each. Long-term tenants love the unique basement-style layout and pay all utilities, keeping operating costs low.
Strong rental history, low turnover, and room to increase ROI. HOA maintains the pool and common areas. Located near shopping, schools, and with easy access to the 202 freeway, this area is poised for growth.
High-demand rental - don't miss this opportunity!
Location
State AZ
County Maricopa
Community Falcon Estates Fourplex Subdivision
Zoning M-H
Direction Head south on N. Greenfield Rd to McLellan Rd. Turn east on McLellan Rd and take the first right into the complex.
Interior
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Carpet, Vinyl
Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Parking Features Carport
Community Features Play Area, Pool
Roof Type Tile
Building
Sewer Public Sewer
Water Individual Meter
New Construction No
Schools
Elementary Schools Shepherd Junior High School
Middle Schools Shepherd Junior High School
High Schools Red Mountain High School
School District Mesa Unified District
Others
Senior Community No
Tax ID 141-72-075
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
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