Homes for sale - 416 N ROCA Circle, Mesa, AZ 85213

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John Herkenrath

johnherkenrath@epiquerealty.com +1(310) 221-2910

$1,399,999

Est. payment - /mo

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision University Villa East

MLS Listing ID 6855667

Maintenance Fees $6,153

Year Built 1986

Annual Tax Amount $3,753

Tax Year 2024

Lot Dimensions Irregular

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

*SELLER MAY CARRY w/40% Down* Discover a remarkable multiplex with immediate returns on a huge 16,771 sf lot. This well-maintained property features seven units: six 2-bed, 1-bath (900 sq. ft.) and one 2-bed, 1.5-bath (950 sq. ft.), all generating reliable rental income. Each unit is individually metered for electricity, simplifying utility management. With 14 parking spaces, residents enjoy ample parking. Each unit has washer/dryer hookups for added tenant comfort. Located in vibrant Mesa, the property provides easy access to shopping, dining, entertainment, and top-rated schools and parks. Mesa's thriving economy ensures high rental demand and low vacancy rates, with convenient access to highways and public transport for easy commuting to Phoenix. Ask for Offering Memorandum.

Location

State AZ

County Maricopa

Community University Villa East

Zoning Rental Resident

Direction East on University to North Roca Street, North to Property.

Interior

Heating Electric

Cooling Electric

Flooring Carpet, Ceramic Tile, Vinyl

Appliance Dishwasher, Refrigerator, Built-In Electric Oven, W/D Hookup

Exterior

Parking Features Add'l Parking Avail, >1 Space Per Unit

Community Features No Pool

Roof Type Tile

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Highland Arts Elementary

Middle Schools Poston Junior High School

High Schools Mountain View High School

School District Mesa Unified District

Others

Senior Community No

Tax ID 140-11-372

Acceptable Financing Owner May Carry, Conventional, 1031 Exchange

Listing Terms Owner May Carry, Conventional, 1031 Exchange

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Listed by Better Homes & Gardens Real Estate SJ Fowler

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

416 N ROCA Circle Mesa, AZ 85213