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6206 E GLENCOVE Street, Mesa, AZ 85205
$835,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$835,000
Last Modified:
4/11/2025
Description
Great Multi-Family Tri-Plex Investment Property located in East Mesa. 100% occupied. Three 3 bedroom, 2 bath units, each with individual laundry room, private fenced backyard, attached storage room, stainless appliances, water & electric are individually metered, 2 covered parking spaces per unit, assigned. Within walking distance to public transportation, close to shopping, dining, easy access to freeways. Don't let this terrific investment opportunity slip away.
More Information MLS# 6390504
Contract Info
Ownership: Fee Simple
Current Price: $835,000
Sold Price: $835,000
Status: Closed
List Date: 2022-04-28
Location, Tax & Legal
Assessor's Map #: 84
Legal Description (Abbrev): LOT 6 MANOR VIEW MCR 027228
Assessor's Parcel #: 317
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420210
Taxes: 1623
Tax District: 41000
Legal: LOT 6 MANOR VIEW MCR 027228
Marketing Name: Manor View
Map Code/Grid: Q41
House Number: 6206
Compass: E
Street Name: GLENCOVE
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
Zip4: 4934
County Code: Maricopa
Subdivision: MANOR VIEW
Assessor Number: 141-84-317
Tax Year: 2021
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 89x110
Total # of Units: 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
Year Built: 1986
Zoning: Multi-Family
Legal Info
Range: 6E
Section: 12
Township: 1N
Lot Number: 6
Project Type
Tri-Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Tile: 1
Floors
Vinyl: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 1200
Annual Land Lse Exp: 0
Annual Landscape Exp: 750
Annual Legal & Acctg: 0
Annual Maint Exp: 3256
Annual Mgmt Exp: 1355
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: 0
Operating Exp: 8184
Other Income: 0
Vacancy Allowance: 0.02
Adjusted Gross Inc: 34692
Total Monthly Rental Income: 2950
Pmt & Rate Info
Cap Rate: 3.73
Down Payment: 0
Equity: 820000
1st Encumbrance: 0
Down Payment %: 0
Monthly Payments: 0
1st Interest Rate: 0
1st Payment: 0
1st Payment Freq: None
2nd Encumbrance: 0
2nd Payment: 0
2nd Payment Freq: None
3rd Encumbrance: 0
3rd Payment: 0
3rd Payment Freq: None
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Electric: 1
Exterior Amenities
Fenced: 1
Patio/Balcony: 1
Separate Storage: 1
Interior Features
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
Owner: 1
Books Shwn Accpt Ofr: 1
Water Source
Individual Meter: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
On Street: 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
VA: 1
Conventional: 1
1031 Exchange: 1
Special
Accept Backups (CLO): 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 3
Avg Rent: 983.33
Avg SqFt: 1066
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: VA
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
Remarks Misc
Cross Street: Brown Rd and Recker Rd
Directions: East on Brown Road to 61st Pl; North to Glencove St; East to property on north side of street.
Geo Lat: 33.439067
Geo Lon: -111.697363
Status Change Info
Off Market Date: 2022-06-07
Under Contract Date: 2022-05-03
Close of Escrow Date: 2022-06-06
Sold Price: $835,000
Income Expenses
Gross Annual Sch Inc: 35400
Net Operating Income: 30616
Property Features
Project Type: Tri-Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Tile
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; Patio/Balcony; Separate Storage
Interior Features: Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup
Cooling: Electric
Water Source: Individual Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP; Individual Meter
Gas: None
Parking Features: On Street; >1 Space Per Unit; Assigned; Paved
Road Surface Type: Asphalt
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner; Books Shwn Accpt Ofr
Special: Accept Backups (CLO)
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 Type: Not Applicable
Existing 3rd Loan Type: Not Applicable
New Financing: VA; Conventional; 1031 Exchange
Environmental: None
Listing Office:
HomeSmart
Last Updated: April - 11 - 2025
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