6049 E ALBANY Street, Mesa, AZ 85205
$470,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$470,000
Last Modified:
2/25/2026
Description
Excellent investment opportunity in a popular senior retirement community. Phoenix is a top choice for baby boomers, the nation's largest demographic, driving long-term demand in 55+ communities. This well-maintained duplex offers a solid 7.2% CAP rate with future rent growth and value-add potential. Each spacious unit features 2 beds, 2 baths, 954 sq ft, carport parking, and private front & back patios. Major upgrades include a new roof (2022), new AC and water heaters (2024), and new flooring (2024 & 2026). Residents may opt in to enjoy the community's amenities and activities. No HOA for owner. Don't miss this turnkey asset with upside in a high-demand rental market and upside in a desirable Mesa location!
More Information MLS# 6989333
Contract Info
Ownership: Fee Simple
Current Price: $470,000
List Price: $470,000
Status: Active
List Date: 2026-02-25
Location, Tax & Legal
Assessor's Map #: 49
Legal Description (Abbrev): LOT 18 DREAMLAND VILLA 14 MCR 013230
Assessor's Parcel #: 59
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 420214
Taxes: 961.04
Legal: LOT 18 DREAMLAND VILLA 14 MCR 013230
Marketing Name: Albany
House Number: 6049
Compass: E
Street Name: ALBANY
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
Zip4: 8907
County Code: Maricopa
Subdivision: DREAMLAND VILLA 14
Assessor Number: 141-49-059
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 90' * 94'
Flood Zone: No
Total # of Units: 2
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Year Built: 1971
Zoning: R-4
Legal Info
Range: 6E
Section: 24
Township: 1N
Lot Number: 18
Project Type
Duplex: 1
Construction
Block: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Carpet: 1
Sale Includes
Land & Building: 1
Personal Property: 1
Income & Expenses
Annual Elec Exp: 0
Annual Ins Exp: 1162
Annual Landscape Exp: 0
Annual Maint Exp: 2665
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 1620
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 6408.04
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 38304
Pmt & Rate Info
Cap Rate: 7.24
Equity: 470000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Lockbox Type
See Private Remarks: 1
Community Features
Other: 1
See Remarks: 1
Heating
Heat Pump: 1
Electric: 1
ENERGY STAR Qualified Equipment: 1
Cooling
Ceiling Fan(s): 1
ENERGY STAR Qualified Equipment: 1
Central Air: 1
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Curb(s) & Gutter(s): 1
Sidewalk(s): 1
Patio/Balcony: 1
Separate Storage: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Vertical Blinds: 1
Mini Blinds: 1
Tenant Pays
Electricity: 1
Appliances Included
Free-Standing Electric Oven: 1
Refrigerator: 1
W/D Hookup: 1
Road Surface Type
Concrete: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
On Street: 1
Paved: 1
Add'l Parking Avail: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
No Carry: 1
1031 Exchange: 1
Special
Owner/Agent: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1600
Avg SqFt: 954
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 33.418284
Geo Lon: -111.700368
Income Expenses
Gross Annual Sch Inc: 38304
Net Operating Income: 34018
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Stucco
Roofing: Composition
Floors: Vinyl; Carpet
Sale Includes: Land & Building; Personal Property
Community Features: Other; See Remarks
Exterior Amenities: Desert Landscaping; Curb(s) & Gutter(s); Sidewalk(s); Patio/Balcony; Separate Storage
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds
Appliances Included: Free-Standing Electric Oven; Refrigerator; W/D Hookup
Heating: Heat Pump; ENERGY STAR Qualified Equipment
Cooling: Ceiling Fan(s); Electric; Central Air; ENERGY STAR Qualified Equipment
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Carport; On Street; Add'l Parking Avail; Paved
Road Surface Type: Concrete
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner; Projected Proforma
Special: Owner/Agent
Showing Notification Methods: Text
Lockbox Type: See Private Remarks
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange
Environmental: None
Rent Roll ›
Listing Office:
Fathom Realty
Last Updated: February - 25 - 2026
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