306 E VINE Circle, Mesa, AZ 85210
$670,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$670,000
Last Modified:
5/14/2025
Description
Well maintained 4-plex in the heart of Mesa. All units are 2 bed, 1 bath with washer / dryer hookups. The property has solid return metrics and should be a nice addition to any investor's portfolio. Two of the units have been renovated in the last few years by the current owner. Serious buyers only. No wholesalers.
Do NOT go on the property.
More Information MLS# 6637988
Contract Info
Current Price: $670,000
Sold Price: $670,000
Status: Closed
List Date: 2023-12-07
Ownership: Fee Simple
Location Tax Legal
House Number: 306
Compass: E
Street Name: VINE
St Suffix: Circle
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85210
Zip4: 2718
Country: US
County Code: Maricopa
Subdivision: EAST ALMOND PLACE
Assessor Number: 139-36-097
Tax Year: 2023
General Property Description
Lot Size Dimensions: 8154
Year Built: 1985
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: MF
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Remarks Misc
Directions: Broadway and Mesa Dr Directions: N on Mesa Dr, W on 6th Ave, N on Wilbur, E into vine circle
Geo Lat: 33.405372
Geo Lon: -111.824829
Status Change Info
Status Change Date: 2024-01-16
Off Market Date: 2024-01-16
Under Contract Date: 2023-12-26
Close of Escrow Date: 2024-01-15
Sold Price: $670,000
Legal Info
Township: 1N
Range: 5E
Section: 27
Lot Number: 1
Income Expenses
Gross Annual Sch Inc: 57600
Net Operating Income: 54720
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1200
Avg SqFt: 729
# Baths: 4
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator; W/D Hookup
Cooling: Heat Pump
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: 1 Space/Unit
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
New Financing: VA; Conventional; 1031 Exchange
Environmental: None
Listing Office: ATLAS AZ, LLC
Last Updated: May - 14 - 2025
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