6147 E GREENWAY Street, Mesa, AZ 85205
$895,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$895,000
Last Modified:
3/22/2025
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.
More Information MLS# 6263340
Contract Info
Ownership: Fee Simple
Current Price: $895,000
Sold Price: $895,000
Status: Closed
List Date: 2021-07-12
Location, Tax & Legal
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
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
County Code: Maricopa
Subdivision: MANOR VIEW
Assessor Number: 141-84-347
Tax Year: 2020
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 10118
Total # of Units: 4
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
Year Built: 1986
Zoning: RM-3
Legal Info
Range: 6E
Section: 12
Township: 1N
Lot Number: 36
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Tile: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
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: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Electric: 1
Cooling
Heat Pump: 1
Exterior Amenities
Desert Landscaping: 1
Fenced: 1
Cable TV Available: 1
Sidewalk(s): 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Vertical Blinds: 1
Mini Blinds: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Other (See Remarks): 1
Water Source
Individual Meter: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Carport: 1
Free: 1
>1 Space Per Unit: 1
Paved: 1
Assigned: 1
Electric
SRP: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Landscaping: 1
New Financing
Conventional: 1
1031 Exchange: 1
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-740-3820
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 4
Avg Rent: 1300
Avg SqFt: 1078
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
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.
Geo Lat: 33.437696
Geo Lon: -111.698028
Status Change Info
Off Market Date: 2021-09-29
Under Contract Date: 2021-09-23
Close of Escrow Date: 2021-10-08
Sold Price: $895,000
Income Expenses
Gross Annual Sch Inc: 61800
Net Operating Income: 57339
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
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