264 South Allen

Mesa, AZ 85204

$575,000
Price
6
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Mesa triplex is now available. Located in the heart of Mesa, each unit features two large bedrooms and one bath. Open kitchen, spacious living room, private storage closet and covered parking space. Walking distance to light rail, close to freeways and shopping, No HOA. A great cashflow opportunity with a heathy cap rate! No vacancies with strong leases in places This one is a must for your portfolio. You won't find a better deal in Mesa!

Property Details for 264 South Allen

Subdivision
HIBBERT-ALLEN ACRES LOTS 8-20

Location

Listing Courtesy of HomeSmart

Property Details for 264 South Allen

StatusActive
MLS #6251400
Days on Market45
Taxes$928 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1963
Lot Size-
CountyMaricopa County

Listing Agent

Eleazar Medrano

Eleazar Medrano

HomeSmart

info@themedranogroup.com

P: 602.793.4812

M: 602.793.4812

Contact Agent(s)

Location

Listing Courtesy of HomeSmart

Building Information for 264 South Allen

Stories-Residences-Year Built1963Building Size-Lot Size-

Payment Calculator

$2,004 per month

30 year fixed, 2.95% Interest

Principal and Interest

$1,927

Property Taxes

$77

HOA Dues

$0

Property Information for 264 South Allen

Summary
    Location and General Information
  • Cross Street: Stapley and Broadway
  • Census Tract: 421602
  • Directions: One block north of Broadway on Stapley. East on Jarvis, south to Allen. Property is the second one on west side of road.
  • Map Code/Grid: R39
  • Roads/Streets: Dedicated Street
    School Information
  • Elementary School Dist #: 004 - Mesa Unified District
  • High School Dist #: 004 - Mesa Unified District
    Owner
  • Owner Pays: Sewer, Water, Trash Collection
  • Ownership: Fee Simple
    Parking
  • Covered Parking Spcs: 3
  • Parking: 1 Space/Unit
  • Total Parking Spaces: 3
  • Uncovered Parking Spaces: 0
    Taxes and HOA Information
  • Tax Municipality: Mesa
  • Tax Year: 2020
Property
    Lot Information
  • Lot Size Dimensions: 72 x 95
  • Environmental: None
  • Zoning: R-4
    Property and Assessments
  • Assessor Number: 138-14-014-E
  • Assessor's Book #: 138
  • Assessor's Map #: 14
  • Assessor's Parcel #: 14
  • Assessor Parcel Ltr: E
  • Additional Parcels: No
  • Legal: HIBBERT ALLEN ACRES LOT 11 S 63.825' OF E 105.5' OF W 305.5'
  • Legal Description (Abbrev): HIBBERT ALLEN ACRES LOT 11 S 63.825' OF E 105.5' OF W 305.5'
  • Legal Info: Lot Number: 11
  • Legal Info: Range: 5E
  • Legal Info: Section: 24
  • Legal Info: Township: 1N
  • Project Type: Tri-Plex
  • Property Group ID: 19990816212116581394000000
    Utilities
  • Electric: SRP
  • Gas: City Gas
  • Sewer: Sewer - Public
  • Water: City Franchise
Interior and Exterior Features
    Room Information
  • Efficiency Units: # of Efficiency Units: 0
  • Efficiency Units: Average SqFt: 0.0
  • Efficiency Units: # Baths: 0
  • Efficiency Units: Avg Rent: $.00
    Exterior Features
  • # of Buildings: 1
  • Const - Finish: Painted
  • Construction: Block
  • Roofing: Rolled
    Interior Features
  • Floors: Ceramic Tile, Vinyl
  • Cooling: Electric
  • Heating: Electric, Natural Gas
  • Appliances Included: F/S Oven/Range, Refrigerator
Multi Family
    1 Bedroom Unit Information
  • # of Units: 0
  • # of Bathrooms: 0
  • Average Rent: $.00
  • Average Sq. Ft: 0
    2 Bedroom Unit Information
  • # of Units: 3
  • # of Bathrooms: 1
  • Average Rent: $958.00
  • Average Sq. Ft: 600
    3 Bedroom Unit Information
  • # of Units: 0
  • # of Bathrooms: 0
  • Average Rent: $.00
  • Average Sq. Ft: 0
    4 Bedroom Unit Information
  • # of Units: 0
  • # of Bathrooms: 0
  • Average Rent: $.00
  • Average Sq. Ft: 0
    Income & Expenses Information
  • Adjusted Gross Income: $33,113.63
  • Annual Electric Expense: $600.00
  • Annual Owner Association Fee: $.00
  • Annual Water/Sewer Expense: $300.00
  • Gross Annual Sch Income: $34,137.76
  • Net Operating Income: $31,737.00
  • Operating Expense: $1,828.00
  • Other Income: $.00
  • Owner Association: No
  • Vacancy Allowance: $.03
    Multi-Family Information
  • Community Amenities: No Pool
  • Source of Financial Data: Unknown
  • Total # of Units: 3
Agent
    Payment and Rate Information
  • Cap Rate: 5.29%
  • Monthly Payments: $.00
  • Down Payment %: .00%
  • Equity: $599,900.00
  • Total Owed: $.00
Rental
    Rental Information
  • Tenant Pays: Electric, Gas

Property History for 264 South Allen

DateEvent & SourcePriceAppreciation
Jun 16, 2021

Listed (Active)

ARMLS #6251400

$599,900
Mar 25, 2020

Sold

ARMLS #6016785

$307,000
Feb 27, 2020

Pending

ARMLS #6016785

DateEvent & SourcePrice
06/16/2021

Listed (Active)

ARMLS #6251400

$599,900
03/25/2020

Sold

ARMLS #6016785

$307,000
02/27/2020

Pending

ARMLS #6016785

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 264 South Allen


SchoolTypeGradesDistanceRating
Christ the King SchoolPrivatePK-80.4 mi
NR
Evit - Mesa Junior High SchoolPublicPK-K0.6 mi
NR
EAGLE College Prep MesaCharterK-80.6 mi
5
Longfellow Elementary SchoolPublicPK-60.7 mi
3

Christ the King School

PK-8, 0.4 mi, Private

NR

Evit - Mesa Junior High School

PK-K, 0.6 mi, Public

NR

EAGLE College Prep Mesa

K-8, 0.6 mi, Charter

5

Longfellow Elementary School

PK-6, 0.7 mi, Public

3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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264 South Allen is a multi-family home for sale in Mesa, AZ 85204. This property was listed for sale on June 16, 2021 by HomeSmart at $575,000. It has been on the market for a total of 45 days and was last sold on March 25, 2020. This listing's school district is Mesa Unified School District. Nearby schools include Christ the King School, Evit - Mesa Junior High School and EAGLE College Prep Mesa. 264 South Allen is a 6-bed, 3-bath, multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MLSSAZ IDX Logo and ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2021 MLS of Southern Arizona and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.