158 N WILBUR, Mesa, AZ 85201
$340,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$340,000
Last Modified:
5/19/2025
Description
Property Appraised at $365K!! FULLY OCCUPIED.... Duplex with long term tenants in place, lease(s) through May 31, 2025. Perfect opportunity to invest in this well-maintained property in the historical Wilbur District in downtown Mesa. Plus, future appreciation due to Mesa's APPROVED planned ''Transform 17'' (aka: Nexus) to be built just North of this property. These 1 bed, 1 bath units have carpet, tile, gas stove, private laundry and covered parking. Large fenced in back yard with manicured grass and pergola. Property has newer roof and 2 AC units. Owner pays water, sewer, trash. Conveniently located near local amenities, Mesa Amphitheatre, cultural attractions, and light rail. Don't miss this gem of a property!
Supplements: Please do not disturb tenants! Tax records show ''158'' Wilbur, the second unit is ''160''.
More Information MLS# 6677500
Contract Info
Current Price: $340,000
Sold Price: $340,000
Status: Closed
List Date: 2024-03-15
Ownership: Fee Simple
Location Tax Legal
House Number: 158
Compass: N
Street Name: WILBUR
St Suffix: --
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 6736
Country: US
County Code: Maricopa
Subdivision: WILBUR SUB
Assessor Number: 138-63-016
Tax Year: 2023
General Property Description
Lot Size Dimensions: 7492
Year Built: 1955
Total # of Units: 2
# of Buildings: 1
Zoning: R-TC
Flood Zone: No
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Remarks Misc
Cross Street: Main St & Mesa Drive
Directions: North on Mesa Dr, West (left) on 1st Street, North (right) on Wilbur to property on left. Tax records reflect only ''158'', but the 2nd unit is ''160'' N Wilbur
Geo Lat: 33.419016
Geo Lon: -111.825279
Status Change Info
Status Change Date: 2024-07-23
Off Market Date: 2024-07-23
Under Contract Date: 2024-07-09
Close of Escrow Date: 2024-07-22
Sold Price: $340,000
Legal Info
Township: 1N
Range: 5E
Section: 22
Lot Number: 15
Income Expenses
Net Operating Income: 13985
Showing Notification Methods
Showing Service: Non-MLS Showing Service - See Private Remarks
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 800
Avg SqFt: 686
# Baths: 2
Sold Info
Loan Type: Cash
Payment Type: Balloon
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool; Play Area
Exterior Amenities: Green Landscaping; Desert Landscaping; Fenced; Cable TV Available
Interior Amenities: Unfurnished; Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Washer/Dryer
Heating: Central
Cooling: Ceiling Fan(s); Electric; Heat Pump
Water Source: City Franchise
Sewer: Sewer - Public
Electric: City Electric
Gas: City Gas
Parking Features: Carport
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional
Environmental: None
Listing Office: Keller Williams Integrity First
Last Updated: May - 19 - 2025
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.