864 S Lewis -- Mesa, AZ 85210
Listing Courtesy of: Arizona Regional MLS / Realty One Group

  864 S Lewis -- Mesa, AZ 85210

Active (37 Days)

Description

Now offering $2500 in buyer credits plus a $7500 grant from Chase bank! Both units are currently rented BUT the tenants are month-to-month so a buyer can live in one unit and rent the other unit! Rents are currently at $1750 and $1500 and both units are totally remodeled, newer flooring, appliances, cabinets, new paint and ready to go! The property comes with 2 parking spaces and the income potential is unlimited. Each unit features a spacious layout with modern finishes, making them highly desirable for tenants or an owner-occupant. The updated kitchens and bathrooms add to the home's appeal, and the low-maintenance yard enhances convenience. With no long-term lease commitments, this is a perfect opportunity for house hacking or maximizing rental income. Cap rate is 6.8%!!

MLS #:
6826959
Taxes
$842
Type
Multifamily
Year Built
1963
County
Maricopa County

Listed By

Erin M Woodruff, Realty One Group
Source
Arizona Regional MLS
Last checked Apr 4 2025 at 5:55 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Electric
  • Individual
  • Central Air
Flooring
  • Concrete
  • Vinyl
Exterior Features
  • Block
  • Painted
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Lincoln Elementary School
  • High School: Mesa High School
Parking
  • On Street
  • 1 Space/Unit
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Disclaimer: Listing Data Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 4/4/25 10:55.