Homes for sale - 6049 E ALBANY Street, Mesa, AZ 85205

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John Herkenrath

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

$470,000

Est. payment - /mo

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Dreamland Villa 14

MLS Listing ID 6908870

Maintenance Fees $2,665

Year Built 1971

Annual Tax Amount $962

Tax Year 2024

Lot Dimensions 90' * 94'

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Excellent investment opportunity in a popular senior retirement community. Phoenix is a top choice for baby boomers, the nation's largest demographic, driving long-term demand in 55+ communities. This well-maintained duplex offers a solid 7.24% CAP rate with future rent growth and value-add potential. Each spacious unit features 2 beds, 2 baths, 954 sq ft, carport parking, and private front & back patios. Major upgrades include a new roof (2022), new AC and water heaters (2024), and one fully renovated unit (2024). Residents may opt in to enjoy the community's amenities and activities. No HOA for owner. Don't miss this turnkey asset with upside in a high-demand rental market and upside in a desirable Mesa location!

Location

State AZ

County Maricopa

Community Dreamland Villa 14

Area Maricopa

Zoning R-4

Interior

Heating ENERGY STAR Qualified Equipment, Heat Pump, Electric

Cooling Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Electric

Flooring Carpet

Appliance Refrigerator, Free-Standing Electric Oven, W/D Hookup

Exterior

Parking Features Paved, Add'l Parking Avail, On Street, Carport

Community Features Other, See Remarks

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 141-49-059

Acceptable Financing No Carry, Conventional, 1031 Exchange, FHA, VA Loan

Disclosures None

Listing Terms No Carry, Conventional, 1031 Exchange, FHA, VA Loan

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Listed by Fathom Realty

"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

6049 E ALBANY Street Mesa, AZ 85205