221 S HOBSON, Mesa, AZ 85204

$446,500
Property Type: Multiple Dwellings Status: Closed
Current Price: $446,500 Last Modified: 5/16/2025

Description

Overall the units are in good shape, just in need of some cosmetic fixes, paint, small repairs and carpet in one unit. 2 of the units have nice large tile flooring and updated range/ovens. 1 unit has an enclosed covered patio with a/c duct for additional square footage and extra room. Triplex with 1 vacant unit and 2 units rented with long term tenants on a month to month lease. Rents can be increased to market value. Tenants would like to stay with reasonable new lease agreements. Tenants pay on time and have been self maintaining the units according to owner. Tenants currently pay all utility expenses for the units. New owner can get new leases signed and raise rents to market value.

More Information MLS# 6244816

Contract Info

Current Price: $446,500 Sold Price: $446,500 Status: Closed List Date: 2021-06-02 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: R39 House Number: 221 Compass: S Street Name: HOBSON St Suffix: -- City/Town Code: Mesa State/Province: AZ Zip Code: 85204 Zip4: 2034 Country: US County Code: Maricopa Subdivision: TEMPLE VILLA Assessor Number: 138-29-005 Tax Year: 2020

General Property Description

Lot Size Dimensions: 8340 Year Built: 1983 Uncvrd Parking Spcs: 8 Total # of Units: 3 # of Buildings: 1 Zoning: Multi-Family Flood Zone: No Elementary School District: Mesa Unified District High School District: Mesa Unified District

Remarks Misc

Cross Street: Mesa Dr & Broadway Directions: E to Hobson, N to property Geo Lat: 33.410624 Geo Lon: -111.81823

Status Change Info

Status Change Date: 2021-07-08 Off Market Date: 2021-06-06 Under Contract Date: 2021-06-06 Close of Escrow Date: 2021-07-08 Sold Price: $446,500

Legal Info

Township: 1N Range: 5E Section: 23 Block: 1 Lot Number: 5

Income Expenses

Net Operating Income: 1275

2 Bedroom Units

# 2 Bedroom Units: 3 Avg Rent: 425 Avg SqFt: 894 # Baths: 1

Sold Info

Loan Type: FHA Loan Years: 30 Payment Type: Fixed Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Project Type: Tri-Plex Construction: Wood Frame Const - Finish: Painted; Stucco; Siding Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Payment Includes: Principal; Interest; Taxes; Insurance Community Features: No Pool Exterior Amenities: Green Landscaping; Fenced; Cable TV Available Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Built-In Range; Refrigerator; Disposal; W/D Hookup Heating: Natural Gas; Central Cooling: Electric; Heat Pump; Central Air Water Source: City Franchise; Irrigation Sewer: Sewer - Public; Sewer-In & Connected Electric: City Electric Gas: City Gas Parking Features: On Street; >1 Space Per Unit; Free; Paved Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Landscaping Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: Conventional Existing 1st Ln Type: Fixed New Financing: VA; FHA; Conventional Environmental: None
Listing Office: Connect Realty.com Inc.
Last Updated: May - 16 - 2025
221 S HOBSON, Mesa, AZ 85204- MLS# 6244816
Broker Attribution: connectcooper@gmail.com

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