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Sold on 03/07/2014

1908 N Spring St, Mesa, AZ 85203

  • $170,000

    Last sold 03/07/2014 after 120 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
24 homes bought nearby with Movoto recently

About 1908 N Spring St

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Property description
100% OCCUPIED 4-plex in desirable Mesa rental community. All current tenants leases are at least through the end of June 2014. Timely paying tenants provide generous cash flow. Plenty of upgrades made to the building in the past 2 years. Capital improvements include new roof in 2011, new tile in select units, and new plumbing fixtures in select units.
Listed by
Listing Agent - Evan Boxwell
Listing Office - Call Realty, Inc.
Source: ARMLS mls logo
MLS#5028647 • last updated 6 years ago
Movoto checked ARMLS for data 8 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Individual, Electric
MLS # 5028647
Type Multiple Dwellings
Status Closed
Property Tax 924.44
Year Built 1984
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Paved, >1 Space Per Unit, On Street
# of Open Parking Spaces 6
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features Play Area, No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 136-24-114
Zoning Multi
Directions S To Julep, E To Spring, S To Property On W Side Of Street
Multifamily Details
Total # of Units 4
Expense: Operating 8564.44
Financial Data Source Projected Proforma
Expense: Maintenance 2000
Vacancy Allowance 0.1
Expense: Insurance 1500
Net Operating Income 14460
Gross Income 22410
Expense: Water/Sewer 2400
Gross Scheduled Income 24900
We are not permitted to show value estimates for this property.
  • Oct 2014
    mls logo MLS # 5173138
  • Oct 7, 2014 Sold
    $176,000 (-7.4%)
  • Sep 17, 2014 Listed
    $190,000 (+11.8%)
  • Mar 2014
    mls logo MLS # 5028647
  • Mar 7, 2014 Sold
    $170,000 (-5.6%)
  • Nov 7, 2013 Listed
    $180,000 (+111.8%)
  • Apr 2011
    mls logo MLS # 4520995
  • Apr 9, 2011 Sold
    $85,000 (-4.5%)
  • Jan 13, 2011 Listed
    $89,000
  • 1908 N Spring St
    $170K
  • NCRA
    $411K +6% y/y
  • 85203
    $539K +16% y/y
  • Mesa
    $489K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Lehi Elementary School
public Grades PK, K-6
Mesa Unified School District
6/10
Franklin West Elementary School
public Grades PK, K-6
Mesa Unified School District
8/10
Franklin Elementary School
public Grades PK, K-6
Mesa Unified School District
2/10
Kino Junior High School
public Grades 7-8
Mesa Unified School District
3/10
Westwood High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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