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This rare to market stable, seven unit apartment building is walking distance to the light rail Near Downtown Mesa and consists of seven 1 bedroom and 1 bathroom units. Most of the tenants have been in their units for many years, and some have even lived there for decades. The photos we have are from 2024 when the last unit turned over. All units currently rented at $850 or more per month except one, so there is a little room to increase rents as the units turn over. Listed at a 6.1 CAP Rate generating just under $24,380 NOI in the last twelve months with very stable tenant mix, increased income opportunity, and long term value investment near Downtown Mesa.

7058538 MLS ⋅ 85210 Zip Code

This rare to market stable, seven unit apartment building is walking distance to the light rail Near Downtown Mesa and consists of seven 1 bedroom and 1 bathroom units. Most of the tenants have been in their units for many years, and some have even lived there for decades. The photos we have are from 2024 when the last unit turned over. All units currently rented at $850 or more per month except one, so there is a little room to increase rents as the units turn over. Listed at a 6.1 CAP Rate generating just under $24,380 NOI in the last twelve months with very stable tenant mix, increased income opportunity, and long term value investment near Downtown Mesa.

102 S Pomeroy Street, Mesa

Rare opportunity to own nearly ¾ of an acre in the heart of Mesa with no HOA that currently holds a group home certificate of occupancy for up to 10 beds! Step right into your own business with this one as the homes design is set up perfectly with over 2,500+ square feet, 5 bedrooms, 2 bathrooms, and a versatile floor plan designed for multi-generational living if you are not searching for a home-based business use. Situated on an expansive lot, the property features a large, fenced diving pool, mature landscaping, irrigation, abundant parking, and endless possibilities for future expansion. The detached storage/workshop area and substantial underground basement/cellar space provide exceptional storage and flexibility. This solid block home was built to last! Conveniently located near shopping, dining, schools, parks, Hohokam Stadium and freeway access, this unique property combines the space and privacy of a rural setting with the convenience of city living. This property has unlimited potential in a highly desirable Mesa location!

5 Beds ⋅ 2 Baths ⋅ 7048043 MLS ⋅ 2,511 SqFt. ⋅ 85201 Zip Code

Rare opportunity to own nearly ¾ of an acre in the heart of Mesa with no HOA that currently holds a group home certificate of occupancy for up to 10 beds! Step right into your own business with this one as the homes design is set up perfectly with over 2,500+ square feet, 5 bedrooms, 2 bathrooms, and a versatile floor plan designed for multi-generational living if you are not searching for a home-based business use. Situated on an expansive lot, the property features a large, fenced diving pool, mature landscaping, irrigation, abundant parking, and endless possibilities for future expansion. The detached storage/workshop area and substantial underground basement/cellar space provide exceptional storage and flexibility. This solid block home was built to last! Conveniently located near shopping, dining, schools, parks, Hohokam Stadium and freeway access, this unique property combines the space and privacy of a rural setting with the convenience of city living. This property has unlimited potential in a highly desirable Mesa location!

1051 N Grand --, Mesa

MULTI-FAMILY LOT with confirmed potential to add an additional unit! This rare Mesa investment opportunity features a fully renovated 1950 block construction property that was completely gutted and rebuilt from the ground up. Major upgrades include new tile flooring and subfloors, all-new electrical with recessed lighting throughout, PEX plumbing, updated kitchens and bathrooms, an updated sewer line, dual-pane windows, and a new roof with 100% new underlayment. Located within walking distance to the Light Rail, shopping, dining, and bus stops, and just minutes from Downtown Mesa, ASU, and US-60. Whether you're looking to expand your rental portfolio or maximize future cash flow, this property offers immediate value with additional development potential. FHA APPROVED

3 Beds ⋅ 2 Baths ⋅ 7040064 MLS ⋅ 1,128 SqFt. ⋅ 85201 Zip Code

MULTI-FAMILY LOT with confirmed potential to add an additional unit! This rare Mesa investment opportunity features a fully renovated 1950 block construction property that was completely gutted and rebuilt from the ground up. Major upgrades include new tile flooring and subfloors, all-new electrical with recessed lighting throughout, PEX plumbing, updated kitchens and bathrooms, an updated sewer line, dual-pane windows, and a new roof with 100% new underlayment. Located within walking distance to the Light Rail, shopping, dining, and bus stops, and just minutes from Downtown Mesa, ASU, and US-60. Whether you're looking to expand your rental portfolio or maximize future cash flow, this property offers immediate value with additional development potential. FHA APPROVED

750 W 1st Place, Mesa

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