6165 E GLENCOVE Street, Mesa, AZ 85205

$788,800
Property Type: Multiple Dwellings Status: Closed
Current Price: $788,800 Last Modified: 5/16/2025

Overview

Description

CALLING ALL INVESTORS! Don't miss out on this amazing triplex. All 3 units are 1073 sqft and have 3 bedrooms with 2 baths and each unit has its own fenced block wall yard and laundry area with washer & dryer hookups. Downstairs has 1 bedroom and 1 bath with all tile floors, open kitchen and great room with vaulted ceilings. Upstairs are two bedrooms and 1 bath and new carpet. Exterior updates include new windows and sliders for all units. Roof and exterior paint done in 2019. Tenant pays all their own utilities and there's covered parking for each unit. Northeast Mesa location is close to everything and only minutes from the 202! Maintenance work including A/C and safety repairs are up to date! All Units are rented. Low vacancy, easy to rent and easy to manage. NO HOA! Great cap rate

Listing Details MLS# 6657849

Location, Tax & Legal

House Number
6165
Compass
E
Street Name
GLENCOVE
St Suffix
Street
City/Town Code
Mesa
State/Province
AZ
Zip Code
85205
Zip4
4950
Country
US
County Code
Maricopa
Subdivision
MANOR VIEW
Assessor Number
141-84-327
Tax Year
2023
Assessor's Map #
84
Legal Description (Abbrev)
LOT 16 MANOR VIEW MCR 027228
Assessor's Parcel #
327
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
420210
Taxes
1937
Legal
LOT 16 MANOR VIEW MCR 027228
Marketing Name
Manor View

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
8780 sq. ft.
Year Built
1986
Total # of Units
3
# of Buildings
Yes
Zoning
R3-Res Mult
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
Recker & Brown

Status Change Info

Off Market Date
2024-02-05
Under Contract Date
2024-02-02
Close of Escrow Date
2024-02-28

Legal Info

Township
1N
Range
6E
Section
12
Lot Number
16

More Information

Income Expenses

Gross Annual Sch Inc
56400
Net Operating Income
47465

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

3 Bedrooms Units

# 3 Bedroom Units
3
Avg Rent
1261
Avg SqFt
1073
# Baths
2

Sold Info

Loan Type
Other
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession to Buyer
3000
Seller Concession $/%
$
Buyer Concession to Seller
0

Project Type

Tri-Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Tile
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Building(s) Only
Yes
Personal Property
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
1827
Annual Land Lse Exp
0
Annual Landscape Exp
400
Annual Legal & Acctg
0
Annual Maint Exp
1000
Annual Mgmt Exp
1200
Annual Trash Exp
0
Annual Wtr/Swr Exp
0
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
4508
Operating Exp
10872
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
56400
Total Monthly Rental Income
4700

Pmt & Rate Info

Cap Rate
6.02
Down Payment
0
Equity
788888
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Electric
Yes

Exterior Amenities

Fenced
Yes
Cable TV Available
Yes
Sidewalk(s)
Yes

Interior Features

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

Tenant Pays

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

Appliances Included

Dishwasher
Yes
Disposal
Yes
Free-Standing Range
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Water Source

City Franchise
Yes
Individual Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
>1 Space Per Unit
Yes
Assigned
Yes

Electric

SRP
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

Landscaping
Yes

New Financing

Conventional
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
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: Tri-Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Floors: Ceramic Tile; Carpet Sale Includes: Building(s) Only; Personal Property Community Features: No Pool Exterior Amenities: Fenced; Cable TV Available; Sidewalk(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Free-Standing Range; Dishwasher; Disposal; W/D Hookup Cooling: Electric Water Source: City Franchise; Individual Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: Carport; >1 Space Per Unit; Assigned Road Surface Type: Asphalt Owner Pays: Landscaping Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV Source of Fincl Data: Owner; Projected Proforma Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None
IDX
Listing Office: NORTH&CO.
Last Updated: May - 16 - 2025
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