6206 E GLENCOVE Street, Mesa, AZ 85205 (MLS# 6390504)


$820,000
6206 E GLENCOVE Street
Mesa, AZ 85205
MLS# 6390504
Status: Closed



6206 E GLENCOVE Street, Mesa, AZ 85205
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Property Description
Great Multi-Family Tri-Plex Investment Property located in East Mesa. 100% occupied. Three 3 bedroom, 2 bath units, each with individual laundry room, private fenced backyard, attached storage room, stainless appliances, water & electric are individually metered, 2 covered parking spaces per unit, assigned. Within walking distance to public transportation, close to shopping, dining, easy access to freeways. Don't let this terrific investment opportunity slip away.

Details
Maps
Contract Info
Current Price: $835,000
List Price: $820,000
Status: Closed
List Date: 2022-04-28
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: Q41
House Number: 6206
Compass: E
Street Name: GLENCOVE
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
Zip4: 4934
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 6 MANOR VIEW MCR 027228
Subdivision: MANOR VIEW
Assessor's Map #: 84
Assessor's Parcel #: 317
Add'l Parcels: No
Assessor Number: 141-84-317
Legal: LOT 6 MANOR VIEW MCR 027228
Census Tract: 420210
Tax Municipality: Mesa
Tax District: 41000
Taxes: 1623
Tax Year: 2021
Marketing Name: Manor View
General Property Description
Lot Size Dimensions: 89x110
Year Built: 1986
Total # of Units: 3
# of Buildings: 1
Zoning: Multi-Family
Elementary School: Mendoza Elementary School
Jr. High School: Shepherd Junior High School
High School: Red Mountain High School
Elem School Dist #: 004 - Mesa Unified District
High School Dist #: 004 - Mesa Unified District
Remarks & Misc
Cross Street: Brown Rd and Recker Rd
Directions: East on Brown Road to 61st Pl; North to Glencove St; East to property on north side of street.
Geo Lat: 33.439067
Geo Lon: -111.697363
Status Change Info
Status Change Date: 2022-06-07
Off Market Date: 2022-06-07
Under Contract Date: 2022-05-03
Close of Escrow Date: 2022-06-06
Sold Price: 835000
Legal Info
Township: 1N
Range: 6E
Section: 12
Lot Number: 6
Income & Expenses
Annual Ins Exp: 1200
Annual Landscape Exp: 750
Annual Maint Exp: 3256
Annual Mgmt Exp: 1355
Owner Association: No
Operating Exp: 8184
Gross Annual Sch Inc: 35400
Vacancy Allowance: 0.02
Adjusted Gross Inc: 34692
Totl Mnth Rntal Inc: 2950
Net Operating Income: 30616
Pmt & Rate Info
Cap Rate: 3.73
1st Payment Freq: None
2nd Payment Freq: None
3rd Payment Freq: None
Equity: 820000
3 Bedrooms Units
# 3 Bedroom Units: 3
Avg Rent: 983.33
Avg SqFt: 1066
# Baths: 2
Sold Info
Loan Type: VA
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Project Type: Tri-Plex
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Tile
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Fenced; Patio/Balcony; Separate Storage
Interior Amenities: Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup
Cooling: Electric
Water: Individual Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP; Individual Meter
Gas: None
Parking: Street Parking; >1 Space Per Unit; Assigned; Paved Parking
Roads/Streets: Asphalt
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electric; Trash; Cable TV
Source of Fincl Data: Provided by Owner; Books Shwn Accpt Ofr
Special: Accept Backups (CLO)
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Ln Type: Not Applicable
Existing 3rd Ln Type: Not Applicable
New Financing: VA; Conventional; 1031 Exchange
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None

Listing Office: HomeSmart

Last Updated: June - 07 - 2022

6206 E GLENCOVE Street, Mesa, AZ 85205 - MLS# 6390504

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Thursday 7th of July 2022 02:01 PM