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Sold on 10/06/2016

8006 E 1st Ave, Mesa, AZ 85208

$265,000

Last sold 10/06/2016 after 226 Days

  • 10

    bed

  • 6

    bath

Multi-family not for sale
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About 8006 E 1st Ave

Property type Multi-family
Neighborhood
Year built 1967
HOA fee $0/month
Property description
Back on the market. This is one parcel of land containing 2 duplexes. 1 duplex has 3 bedroom units and the other has 2 bedroom units. 4 new AC units were added in 2014 along with new roofing, windows, stucco, and tile on the inside. 3 of the 4 units were remodeled in 2014 or sooner. Over $120,000 has been spent on capital improvements in the last 2 years. See the documents for the financials. One unit is vacant but has been bringing in $2,740 a month when occupied and a new tenant should be in place next mont. Great cash flow, especially if financed well.
Listed by
Listing Agent - Eric Kimble
Listing Office - ETK Investments, LLC
Source: ARMLS mls logo
MLS#5403130 • last updated 1 year ago
Movoto checked ARMLS for data 8 minutes ago
Overview
Cooling/AC Central Air
Heating Central, Electric, Natural Gas
MLS # 5403130
Type Multiple Dwellings
Status Closed
Property Tax 789
Year Built 1967
Interior
Flooring Ceramic Tile
Appliances Free-Standing Range
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking >1 Space Per Unit
# of Open Parking Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Septic Tank
Location
Subdivision DESERT SAGE TR BLKS 1, 2, 3, 4
Community Features No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 218-32-004
Zoning R 3
Directions South On 80th Street, To Property On The Corner Of 1st Ave
Multifamily Details
Total # of Units 4
Expense: Operating 3213
Financial Data Source Owner
Expense: Insurance 900
Net Operating Income 29667
Gross Income 32880
Expense: Trash 624
Expense: Water/Sewer 900
Gross Scheduled Income 32880
We are not permitted to show value estimates for this property.
  • Oct 2016
    mls logo MLS # 5403130
  • Oct 6, 2016 Sold
    $265,000
  • Feb 23, 2016 Listed
    $259,000
  • Oct 2016
    Public Records
  • Oct 6, 2016 Sold
    $265,000 (+2.3%)
  • Year Property taxes Tax assessment
  • 2024
    $1,011 -1.3%
    $33,960 -15.56%
  • 2023
    $1,024 +2.5%
    $40,220 +13.87%
  • 2022
    $1,000 +0.2%
    $35,320 +36.32%
  • 2021
    $997 +0.8%
    $25,910 +2.57%
  • 2020
    $989 +7.9%
    $25,260 +5.65%
  • 2019
    $917 +2.5%
    $23,910 +25.64%
  • 2018
    $894
    $19,030
  • 8006 E 1st Ave
    $265K
  • East Mesa
    $499K
  • 85208
    $379K -5% y/y
  • Mesa
    $485K -2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Jefferson 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
5/10
Fremont Junior High School
public Grades 7-8
Mesa Unified School District
4/10
Skyline High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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