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
IDX
Last Updated: April - 11 - 2025
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