6147 E GREENWAY Street, Mesa, AZ 85205 (MLS# 6263340)

6147 E GREENWAY Street, Mesa, AZ 85205

$895,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $895,000 Last Modified: 3/22/2025

Overview

Description

4-plex with all three-bedroom, two-bath units available. Only one other sale in the neighborhood in the the last two years! Three New Heat Pump Units June 2019, April 2021 and May 2021 - the fourth is a 2013 unit. Tenants pay all utilities - All units individually metered. All Units have Courtyards and two have additional Private Yards. DO NOT ENTER THE PROPERTY OR DISTURB TENANTS. Contact your real estate agent or if not represented, Listing Broker for access and offer instructions.

Listing Details MLS# 6263340

Location, Tax & Legal

Map Code/Grid: Q41
House Number: 6147
Compass: E
Street Name: GREENWAY
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
Zip4: 4854
Country: US
County Code: Maricopa
Subdivision: MANOR VIEW
Assessor Number: 141-84-347
Tax Year: 2020
Assessor's Map #: 84
Legal Description (Abbrev): LOT 36 MANOR VIEW MCR 027228
Assessor's Parcel #: 347
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420210
Taxes: 2426
Legal: LOT 36 MANOR VIEW MCR 027228
Marketing Name: ALL 3-BEDROOM UNITS

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 10118
Year Built: 1986
Total # of Units: 4
# of Buildings: Yes
Zoning: RM-3
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Mendoza Elementary School
Jr. High School: Shepherd Junior High School
High School: Red Mountain High School
Uncvrd Parking Spcs: 0

Remarks Misc

Cross Street: Power and Brown
Directions: West on Power to North on 61st Street, Right on Greenway to building on right. DO NOT ENTER THE PROPERTY OR DISTURB TENANTS. Drive-by only.

Status Change Info

Off Market Date: 2021-09-29
Under Contract Date: 2021-09-23
Close of Escrow Date: 2021-10-08

Legal Info

Township: 1N
Range: 6E
Section: 12
Lot Number: 36

More Information

Income Expenses

Gross Annual Sch Inc: 61800
Net Operating Income: 57339

3 Bedrooms Units

# 3 Bedroom Units: 4
Avg Rent: 1300
Avg SqFt: 1078
# Baths: 2

Contact Info

List Agent Home Phn: 602-740-3820

Sold Info

Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

Four Plex: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Tile: Yes

Floors

Vinyl: Yes
Ceramic Tile: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 100
Annual Gas Exp: 0
Annual Ins Exp: 1500
Annual Land Lse Exp: 0
Annual Landscape Exp: 1100
Annual Legal & Acctg: 250
Annual Maint Exp: 350
Annual Mgmt Exp: 5000
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 100
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Operating Exp: 10826
Other Income: 4500
Vacancy Allowance: 0
Adjusted Gross Inc: 66300
Total Monthly Rental Income: 5250

Pmt & Rate Info

Cap Rate: 6.38
Down Payment: 0
Equity: 899000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Heat Pump: Yes
Electric: Yes

Cooling

Heat Pump: Yes

Exterior Amenities

Desert Landscaping: Yes
Fenced: Yes
Cable TV Available: Yes
Sidewalk(s): Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Vertical Blinds: Yes
Mini Blinds: Yes

Tenant Pays

Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes
Cable TV: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Free-Standing Range: Yes
W/D Hookup: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Projected Proforma: Yes
Other (See Remarks): Yes

Water Source

Individual Meter: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Carport: Yes
Free: Yes
>1 Space Per Unit: Yes
Paved: Yes
Assigned: Yes

Electric

SRP: Yes
Individual Meter: Yes

Gas

None: Yes

Owner Pays

Landscaping: Yes

New Financing

Conventional: Yes
1031 Exchange: Yes
Other (See Remarks): Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Sidewalk(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup Heating: Heat Pump Cooling: Heat Pump Water Source: Individual Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: SRP; Individual Meter Gas: None Parking Features: Carport; >1 Space Per Unit; Assigned; Free; Paved Road Surface Type: Asphalt Owner Pays: Landscaping Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV Source of Fincl Data: Projected Proforma; Other (See Remarks) Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Conventional; 1031 Exchange; Other (See Remarks) Environmental: None

Listing Office: Watermark Arizona Properties

Last Updated: March - 22 - 2025