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Sold on 09/06/2016
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6227 E Glencove St, Mesa, AZ 85205

  • $415,000

    Last sold 09/06/2016 after 73 Days

  • 12

    bed

  • 8

    bath

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

About 6227 E Glencove St

Property type Multi-family
Neighborhood
Year built 1986
HOA fee $0/month
Property description
Great investment opportunity-all 3 bedroom, 2 bath units, individually metered for electric and water/sewer/trash. Building is 2 story, tile roof, private patios and storage rooms, each unit has assigned 2 covered parking spaces. Units 101 and 102 had new ac condensing units installed in 2013, new water heater installed in unit 102 in jan 2016. Rents lower due to long term tenants, could probably be pushed up approx. $50/unit/mo. , getting estimate on new, lower building insurance cost, which will help on overall rate of return. If self-managed would be big improvement of return.
Listed by
Listing Agent - Gary L Weller
Listing Office - Weller Realty & Management
Source: ARMLS mls logo
MLS#5462676 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric, Individual
Heating Electric
MLS # 5462676
Type Multiple Dwellings
Status Closed
Property Tax 1743
Year Built 1986
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, W/D Hookup
Exterior
Roof Tile
Construction Wood Frame, Painted, Stucco
Parking Paved, Free, Assigned, >1 Space Per Unit, Carport
# of Covered Spaces 8
Amenities / Utilities
Water Source Individual Meter
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision MANOR VIEW LOT 1-38
Community Features No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 141-84-323
Zoning RM-3
Directions EAST ON BROWN, LEFT ON 62 PL, THEN LEFT ON GLENCOVE---NO SIGN
Multifamily Details
Total # of Units 4
Expense: Operating 10350
Financial Data Source Owner
Expense: Maintenance 1950
Expense: Insurance 1896
Net Operating Income 28371
Gross Income 36978
Expense: Other 622
Expense: Professional Management 3694
Gross Scheduled Income 36349
Expense: Gardener 445
We are not permitted to show value estimates for this property.
  • Sep 2016
    Public Records
  • Sep 14, 2016 Sold
    $412,500 (-0.6%)
  • Sep 2016
    mls logo MLS # 5462676
  • Sep 5, 2016 Sold
    $415,000 (-19.9%)
  • Sep 2006
    Public Records
  • Sep 25, 2006 Sold
    $518,000 (+9.1%)
  • Jun 2005
    Public Records
  • Jun 8, 2005 Sold
    $475,000
  • 6227 E Glencove St
    $415K
  • Freedom Run
    $302K -41% y/y
  • 85205
    $405K -1% y/y
  • Mesa
    $495K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
Mendoza Elementary School
public Grades PK, K-6
Mesa Unified School District
10/10
Franklin at Brimhall 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
4/10
Shepherd Junior High School
public Grades 4-8
Mesa Unified School District
7/10
Red Mountain High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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