1532 E Broadway Road

Mesa, AZ
$ 519,000 Beds 6 Baths 3 Sq 2,400
Monthly Estimate* How much can I afford?

Sought after 4 unit in Downtown Mesa. Priced low to reflect a light/medium value-add that is required. Unit mix consists of three large 2 bedroom/1 bath units (800 SF-$800 Rent +/-), along with a big Studio/1 bath unit (400 SF-$400 Rent +/-). Tenant paid electric with separate HVAC units in good condition (all 2 bedroom units). Studio unit has wall heating/cooling. All tenant leases either month-to-month or coming up for renewal by the fall. Rents are well-below market. Tile everywhere, w/d hookups. Carport. Close to Main St/LRT. Showings in escrow only. Buyer to complete and rely on own due diligence. OM & RR available upon request.

Multi-Family

  • Price
  • $ 519,000
  • Lot Size
  • Bedrooms
  • 6
  • Sqr Footage
  • 2,400
  • Full Bathrooms
  • 3
  • Year Built
  • 1962
  • Half Bathrooms
  • 0
  • City, Zip
  • Mesa
  • Taxes
  • $ 1222
  • County
  • MARICOPA
  • Style
  • Area
  • MLS#
  • 6240730
  • Zip
  • 85204
Listing Provided by: S. J. Fowler Real Estate Inc.
Data Source: Arizona Regional MLS (ARMLSN) - 22 - AZ

Features

General

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 800.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Cooling Central A/C, Electric, Window/Wall Unit
Electric SRP
Elementary School Longview Elementary School
Exterior Features Desert Landscaping, Partially Fenced
Features No Pool
Gas Y/N None
Heating Central, Electric, Other, See Remarks
High School Mesa High School
Interior Features Unfurnished
Map Code/Grid R39
Middle School Mesa Junior High School
Net Income 0.00
New Financing Conventional, Other (See Remarks)
Owner Pays Landscaping, Sewer, Trash Collection, Water
Parking >1 Space Per Unit, Carport, Paved Parking
Property Type F
Roof Comp Shingle
School District 004 - Mesa Unified District
Sewer Sewer - Public, Sewer-In & Connected
Status Active
Subdivision MESA HOMES 2 REPLATTED
Tenant Pays Cable TV, Electric
Water City Franchise, Master Meter
Year Built 1962
Zoning C-3

Interior Features

2 Bedroom Units: # 2 Bedroom Units 3
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 800
Appliances Included F/S Oven/Range, Refrigerator, W/D Hookup
Floors Ceramic Tile
Total Number of Units 4.00

Exterior Features

Public Remarks Sought after 4 unit in Downtown Mesa. Priced low to reflect a light/medium value-add that is required. Unit mix consists of three large 2 bedroom/1 bath units (800 SF-$800 Rent +/-)
Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 3.00
Lot Size Dimensions 10, 880 SQ. FT.
Total Parking Spcs 5.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Tempe, AZ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Longview Elementary School
Middle School Mesa Junior High School
High School Mesa High School

Price History

5/25/2021 Listed $560,000
7/1/2021 3% - $548,000
8/9/2021 6% - $519,000

Property vs Zip Code Average in 85204

Price
AVG $550K
$520K
Taxes
AVG $1,394
$1,222
Visits
AVG 74
106
Year Built
AVG 1967
1962

Map

1532 E Broadway Road Mesa, AZ is a Single Family Home for sale at $519000 with 2400 sqft and a lot size of Acre(s). 1532 E Broadway Road Mesa has 6 bedrooms, 3 baths and was built in 1962. The property's zip code is 85204 which is in Mesa, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.