BEDS0
BATHS
MLS#7058538
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMESA
Property Description
This rare to market stable, seven unit apartment building is walking distance to the light rail Near Downtown Mesa and consists of seven 1 bedroom and 1 bathroom units. Most of the tenants have been in their units for many years, and some have even lived there for decades. The photos we have are from 2024 when the last unit turned over. All units currently rented at $850 or more per month except one, so there is a little room to increase rents as the units turn over. Listed at a 6.1 CAP Rate generating just under $24,380 NOI in the last twelve months with very stable tenant mix, increased income opportunity, and long term value investment near Downtown Mesa.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric,2 or More Units
Heating: Natural Gas
Roof Type: Composition
Taxes: $1,406
Year Built: 1960
Feature Descriptions
Community Features: No Pool
Days on Site: 4
Exterior: Block, Painted
Parking: 1 Space/Unit, Paved, On Street, Off Street
Water: Master Meter, City Franchise
Listed By / Shown By
Listed By
Agency Name: eXp Realty
Agency Phone: 888-897-7821
Shown By
Agent Name: Vicki Kaplan
Agent Phone: (480) 677-1330
Agency Title: Arizona Best Real Estate
Estimate Your Payment
Estimated Payment
$ 1,123.81 per month $890.00 Principal & Interest $117.17 Property Tax $116.64 Homeowner's InsuranceChange Payment Information
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102 S Pomeroy Street | MLS# 7058538
This multi-family property located at 102 S Pomeroy Street, Mesa, AZ 85210 is currently listed for sale with an asking price of $399,900. Search Mesa real estate on www.vickikaplan.com today.