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Sold on 12/30/2017

2260 E Broadway Rd, Mesa, AZ 85204

$265,000

Last sold 12/30/2017 after 42 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 2260 E Broadway Rd

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Property description
Here’s a great investment! Great rental neighborhood! New exterior paint in progress! Property features all 2 bedroom/1 bath units of 736 SF each and the layout wastes no space! Open kitchen, dining and living room, ample closets and lots of tile! One unit has new kitchen cabinets and will be tenanted as soon as the remodel is done! On site laundry for tenant convenience and added income. Located right on Broadway, it’s an easy renter, close to all public transportation and US 60 making for easy commutes to all employment entertainment venues. Seller would like to close escrow in January for tax purposes. But don’t wait! This one won’t last!
Listed by
Listing Agent - Lois J Kaipainen
Listing Office - GPCI AZ
Source: ARMLS mls logo
MLS#5689757 • last updated 7 years ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Individual, Heat Pump
MLS # 5689757
Type Multiple Dwellings
Status Closed
Property Tax 975
Year Built 1972
Interior
Flooring Carpet, Ceramic Tile
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Tile, Foam
Construction Painted, Block
Parking Add'l Parking Avail, 1 Space/Unit, Carport
# of Open Parking Spaces 2
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision OAK PARK MESA 2
Community Features No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 140-25-500
Zoning Multi
Directions East On Broadway. Property Is On The North Side Of The Street. Must Park In The Alley Just North Of Broadway (one Way Alley).
Multifamily Details
Total # of Units 4
Expense: Operating 11135
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 5000
Vacancy Allowance 0.05
Expense: Insurance 1200
Net Operating Income 16730
Gross Income 28215
Expense: Electric 360
Expense: Water/Sewer 3600
Gross Scheduled Income 26700
We are not permitted to show value estimates for this property.
  • Dec 2017
    mls logo MLS # 5689757
  • Dec 30, 2017 Sold
    $265,000 (+2.3%)
  • Nov 18, 2017 Listed
    $259,000 (+85.0%)
  • Jul 2014
    mls logo MLS # 5102357
  • Jul 1, 2014 Sold
    $140,000 (-20.0%)
  • Apr 17, 2014 Listed
    $174,900
  • Year Property taxes Tax assessment
  • 2024
    $1,158 -0.8%
    $56,070
  • 2023
    $1,167 +2.1%
    $56,070 +21.89%
  • 2022
    $1,143 -1.2%
    $46,000 +40.8%
  • 2021
    $1,157 +1.3%
    $32,670 +15.32%
  • 2020
    $1,142 +7.0%
    $28,330 +12.64%
  • 2019
    $1,067 +4.2%
    $25,150 +35.22%
  • 2018
    $1,024 +3.1%
    $18,600 +13.35%
  • 2017
    $994 +1.9%
    $16,410 +16.3%
  • 2016
    $975 +6.4%
    $14,110
  • 2015
    $917
    —
  • 2260 E Broadway Rd
    $265K
  • Casa de Sol
    $415K +4% y/y
  • 85204
    $415K +1% y/y
  • Mesa
    $470K -3% 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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