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Sold on 04/25/2019

8-16 E 6th Ave, Mesa, AZ 85210

  • $431,000

    Last sold 04/25/2019 after 91 Days

  • 10

    bed

  • 7

    bath

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

About 8-16 E 6th Ave

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Property description
Packaged offering of two triplex buildings near Downtown Mesa/LRT. Must sell together. 8 E. 6th Ave consists of two large 2 bedroom units & one 3 bedroom. This building has a new roof, new HVAC unit, some new electrical, plumbing, & more. It was also substantially renovated about 14 years ago. 16 E. 6th Ave consists of two large 1 bedroom units & rear smaller 1 bedroom. Value-add opportunity. Solid rents in place w/ flexible leases. Rents could go up w/ aggressive new owner. Please note interior showings only in escrow and buyer is to complete/rely on own due diligence regarding all matters w/ the complex. Rents are actual, expenses partially projected. Offering Memorandum available upon request. Buyer may consider commercial or residential financing.
Listed by
Listing Agent - James C Stephens
Listing Office - Platinum Living Realty
Source: ARMLS mls logo
MLS#5873453 • last updated 5 years ago
Movoto checked ARMLS for data 17 minutes ago
Overview
Cooling/AC Central Air, Electric, Individual, 2 Or More Units
Heating Electric
MLS # 5873453
Type Multiple Dwellings
Status Closed
Property Tax 1855
Year Built 1960
Interior
Flooring Other, Ceramic Tile
Appliances Free-Standing Range, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Painted, Block
Parking >1 Space Per Unit, Carport
# of Open Parking Spaces 6
# of Covered Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision MESA STADIUM PLACE
Community Features No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 139-37-053
Zoning M-H
Directions AZ-101 Loop To Price. Merge On Price To E. Broadway. Broadway East To Center. Center South To 6th Ave. 8 E. 6th Ave Is On The Corner With 16 E. 6th Ave Next Door To The East.
Multifamily Details
Total # of Units 6
Expense: Operating 12855
Financial Data Source Owner, Other (See Remarks), Projected Proforma
Vacancy Allowance 0.05
Net Operating Income 33008
Gross Income 45828
Expense: Other 11000
Gross Scheduled Income 47520
We are not permitted to show value estimates for this property.
  • Oct 2020
    mls logo MLS # 5873453
  • Oct 15, 2020 Sold
    $431,000
  • 8-16 E 6th Ave
    $431K
  • Poinsettia
    $354K -6% y/y
  • 85210
    $345K -1% y/y
  • Mesa
    $489K -1% y/y
No chart available
Statistics calculated by Movoto

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1/10
Holmes 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
Mesa High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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