Active

750 E 1ST Avenue # 1

Mesa AZ, 85204

$2,999,000


Active

Other

Built in 1978

This 16-unit complex is centrally located within the thriving core of the city of Mesa near the city's historic residential district. The unit mix consists of eight studio/1 bath units and eight 1 bed/1 bath units. The majority of the interiors have been professionally renovated including: fresh paint; new shaker-styled kitchen cabinets; new Quartz kitchen countertops surrounded by subway-styled back splashes; all new stainless steel kitchen appliances including new in-suite washer/dryer units; new modern interior doors and exterior front door; and most with new trendy plank flooring.
Exterior features include fresh paint and a gated courtyard with synthetic grass which features a grilling area. Outside of the gated area consists of low cost/maintenance desert landscaping. The private parking lot provides an abundance of parking and the roofs on both buildings were replaced in 2019.
Demand is seemingly growing within the area for units that are central, smaller, close to public transportation, however, with remodeled interiors. As such, this property is conveniently located within walking distance from the highly sought-after Valley Metro Light Rail Line. The nearby employment base is vast which consists of large & small employers. The district serves its residents well by providing an abundance of choices related to shopping, dining, entertainment, schools and hospitals.
Furthermore, this complex is located within the City of Mesa "Opportunity Zone" which continues to attract more investors as they continue to substantially improve existing properties within the district. Large new developments have also been completed with others in the pipeline.

Buyer to verify all facts and figures.

Drive by only...please do not disturb residents.

6775230

MLS ID

October 24, 2024

Listed

December 3, 2024

Updated

Map

750 E 1ST Avenue # 1
Mesa AZ, 85204

Interior Features

Floor Description

Ceramic Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central A/C, Individual, Electric, Ceiling Fan(s)


Heating

Yes


Heating Description

Individual, Heat Pump, Electric

Exterior/Building Features

Roof

Composition, Foam


Sewer

Public Sewer

Other Property Details

Taxes

$2,371


Tax Frequency

Annually


Days on Market

40


Garage

No


Parking

Paved Parking, Free, 1 Space Per Unit


Parking Total

22


View

No


County

Maricopa


Water Source

City Franchise, Master Meter


Pool

No


Zoning

MF

Listing History

Date

Event

Price

11/27/2024

Price change

$2,999,000

-4%

Courtesy of Better Homes & Gardens Real Estate SJ Fowler

Listing Contact: 480-332-4497 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Huffman Davis Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 8:49 PM UTC, 12/3/2024.

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