Listing Courtesy of: Ken Tasopulos - Better Homes & Gardens Real Estate SJ Fowler
480-649-3536
$3,099,000
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750 E 1ST Avenue Unit 1 Mesa, AZ 85204
Multi-Family
Residence
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This 16-unit complex is centrally located within the thriving core of the city of Mesa near the city's historic residential district. The unit mix consists of eight studio/1 bath units and eight 1 bed/1 bath units. The majority of the interiors have been professionally renovated including: fresh pai...nt; new shaker-styled kitchen cabinets; new Quartz kitchen countertops surrounded by subway-styled back splashes; all new stainless steel kitchen appliances including new in-suite washer/dryer units; new modern interior doors and exterior front door; and most with new trendy plank flooring. Exterior features include fresh paint and a gated courtyard with synthetic grass which features a grilling area. Outside of the gated area consists of low cost/maintenance desert landscaping. The private parking lot provides an abundance of parking and the roofs on both buildings were replaced in 2019.
Demand is seemingly growing within the area for units that are central, smaller, close to public transportation, however, with remodeled interiors. As such, this property is conveniently located within walking distance from the highly sought-after Valley Metro Light Rail Line. The nearby employment base is vast which consists of large & small employers. The district serves its residents well by providing an abundance of choices related to shopping, dining, entertainment, schools and hospitals.
Furthermore, this complex is located within the City of Mesa "Opportunity Zone" which continues to attract more investors as they continue to substantially improve existing properties within the district. Large new developments have also been completed with others in the pipeline.
Buyer to verify all facts and figures.
Drive by only...please do not disturb residents.
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MLS#
6775230
Property Type
Multi-Family
Year Built
1978
Sewer
Public Sewer
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