864 N REVERE Street, Mesa, AZ 85201

$820,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $820,000 Last Modified: 5/06/2025

Description

Great opportunity to own a high demand large 4 plex with covered parking. All apartments are identical in layout 2 bedroom and 1 bathroom. Split A/C systems with furnaces installed a few years ago. No HOA. Owner is not using a Property Management Company. Close to Cubs Training Stadium, ASU, Highway.

More Information MLS# 6574347

Contract Info

Ownership: Fee Simple Current Price: $820,000 Sold Price: $820,000 Status: Closed List Date: 2023-06-28

Location, Tax & Legal

Assessor's Map #: 17 Legal Description (Abbrev): LOT 11 HERITAGE ESTATES MCR 024706 Assessor's Parcel #: 307 Add'l Parcels: No Tax Municipality: Mesa Census Tract: 421102 Taxes: 2217 Legal: LOT 11 HERITAGE ESTATES MCR 024706 Marketing Name: Heritage Estates Map Code/Grid: Q38 House Number: 864 Compass: N Street Name: REVERE St Suffix: Street City/Town Code: Mesa State/Province: AZ Zip Code: 85201 Zip4: 3988 County Code: Maricopa Subdivision: HERITAGE ESTATES Assessor Number: 135-17-307 Tax Year: 2022

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 1 Lot Size Dimensions: irregular Flood Zone: TBD Total # of Units: 4 Elementary School District: Mesa Unified District High School District: Mesa Unified District Elementary School: Emerson Elementary School Jr. High School: Carson Junior High School High School: Westwood High School Year Built: 1984 Zoning: multi

Legal Info

Range: 5E Section: 16 Township: 1N Lot Number: 11

Project Type

Four Plex: 1

Construction

Wood Frame: 1

Const - Finish

Stucco: 1

Roofing

Composition: 1 Built-Up: 1 Foam: 1 Rolled: 1

Floors

Ceramic Tile: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 2217 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Pmt & Rate Info

Down Payment: 0 Equity: 839000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0 Assessment Balance: 0

Lockbox Type

None: 1

Community Features

Other: 1 See Remarks: 1

Heating

Individual: 1

Cooling

Individual: 1

Tenant Pays

Electricity: 1 Cable TV: 1

Appliances Included

Dishwasher: 1 Disposal: 1 Free-Standing Range: 1 W/D Hookup: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Carport: 1

Electric

SRP: 1

Gas

None: 1

Owner Pays

Water: 1 Sewer: 1 Trash Collection: 1

New Financing

Conventional: 1 1031 Exchange: 1

Existing 1st Loan

Treat as Free&Clear: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Contact Info

List Agent Home Phn: 480-706-4526

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 4 Avg Rent: 0 Avg SqFt: 890 # Baths: 2

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Conventional Loan Years: 30 Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 9500 Seller Concession $/%: $

Remarks Misc

Cross Street: alma school & university Directions: 8th St E to Revere N to property Geo Lat: 33.431243 Geo Lon: -111.847792

Status Change Info

Off Market Date: 2023-09-12 Under Contract Date: 2023-08-11 Close of Escrow Date: 2023-09-11 Sold Price: $820,000

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Stucco Roofing: Composition; Built-Up; Foam; Rolled Floors: Ceramic Tile Sale Includes: Land & Building Community Features: Other; See Remarks Appliances Included: Free-Standing Range; Dishwasher; Disposal; W/D Hookup Heating: Individual Cooling: Individual Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; 1031 Exchange Environmental: None
Listing Office: HomeSmart
IDX
Last Updated: May - 06 - 2025
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