UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Ko Ko Palms 2 Lots 34-76
MLS Listing ID 7050097
Year Built 1971
Annual Tax Amount $1,301
Tax Year 2025
Lot Dimensions Unk
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Unit B has been home to a 10-year tenant at $1,100/mo, with one covered parking spot in the rear and two storage units, one with washer/dryer hookups.
Unit C is now vacant and move-in ready. Covered parking in the rear ,two storage units, one with washer/dryer hookups, positioned for a new owner to bring in a tenant at today's market rent and boost the property's overall return right out of the gate.
Ownership responsibilities are refreshingly simple: landlord covers water only (approx. $150/mo) and a monthly landscaper ($100/mo). Everything else is on the tenants.
With two proven, long-term income streams already in place and one unit primed for upside, this is a rare combination of stability and immediate value-add potential in a proven Mesa location. Don't miss it!
Location
State AZ
County Maricopa
Community Ko Ko Palms 2 Lots 34-76
Area Maricopa
Zoning M-H
Direction W to Hall St , then N to property
Interior
Heating Central
Cooling Central Air
Flooring Tile
Appliance Free-Standing Range
Exterior
Parking Features 1 Space/Unit, On Street
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 137-37-067-B
Acceptable Financing Conventional
Disclosures Seller Prop Disc Stm
Listing Terms Conventional
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