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Sold on 05/09/2016

2228 E Broadway Rd, Mesa, AZ 85204

  • $235,000

    Last sold 05/09/2016 after 98 Days

  • 8

    bed

  • 4

    bath

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

About 2228 E Broadway Rd

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Property description
Solid cash flow property with a great mix of all 2 bedroom units. Rents are $620/unit, M-T-M per owner. About 850 sq ft/unit. Separate central air units. On-site caretaker. Built in 1980. 1 story, block. Parking in back off alley. Expenses are estimated. Buyer to complete and rely on own due diligence. No showings until accepted offer. Drive by only.
Listed by
Listing Agent - James C Stephens
Listing Office - RE/MAX Platinum Living
Source: ARMLS mls logo
MLS#5392658 • last updated 8 years ago
Movoto checked ARMLS for data 2 minutes ago
Overview
Cooling/AC Central Air, Electric, Individual, 2 Or More Units
Heating Individual, Electric
MLS # 5392658
Type Multiple Dwellings
Status Closed
Property Tax 1036
Year Built 1980
Interior
Flooring Other, Carpet
Appliances Built-In Range, Disposal, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking Free, 1 Space/Unit, Carport
# of Covered Spaces 4
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Oak Park Mesa 2
Community Features No Pool
Elementary School Robson Elementary School
Elementary School District Gilbert Unified District
Middle School Taylor Junior High School
High School District Gilbert Unified District
High School Mesa High School
APN 140-25-494
Zoning RM-3
Directions East Of Gilbert, Near 24th/Acacia.
Multifamily Details
Total # of Units 4
Expense: Operating 10931
Financial Data Source Owner, Projected Proforma
Vacancy Allowance 0.05
Net Operating Income 18377
Gross Income 28272
Expense: Other 9895
Gross Scheduled Income 29760
We are not permitted to show value estimates for this property.
  • May 2016
    Public Records
  • May 11, 2016 Sold
    $235,000
  • May 2016
    mls logo MLS # 5392658
  • May 9, 2016 Sold
    $235,000 (-2.1%)
  • Feb 1, 2016 Listed
    $240,000 (+17.1%)
  • Nov 2003
    Public Records
  • Nov 26, 2003 Sold
    $205,000 (-16.3%)
  • Dec 2002
    Public Records
  • Dec 20, 2002 Sold
    $245,000
  • 2228 E Broadway Rd
    $235K
  • Casa de Sol
    $390K 0% y/y
  • 85204
    $420K +2% y/y
  • Mesa
    $489K -1% y/y
No chart available
Statistics calculated by Movoto

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3/10
Robson 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
6/10
Franklin West Elementary School
public Grades PK, K-6
Mesa Unified School District
4/10
Taylor Junior High School
public Grades 7-8
Mesa Unified School District
3/10
Mesa High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Mesa
  • 85204
  • Casa de Sol
  • 2228 E Broadway Rd
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