1520 W University Drive Mesa, AZ
$ 400,000
Property Attributes
  • MLS#6236371
  • TypePending
  • CountyMARICOPA
  • CityMesa
  • NeighborhoodGarden Grove
  • Zip85201
  • Style
  • Year Built1955
  • Taxes$ 531
  • Price$ 400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Vina Realty
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Home Owner or Investor? or BOTH. There are 3 units total. Main unit (1130sf) has 3 beds, 2 bath rents for $1350/mo. 1 Units has 320 sf (permitted) with 2 beds, 1 bath rents for $900/mo and Studio 150 sf with 1 bed + 1 bath rents for 450/mo (permit is not required since it's under 200sf). You can buy this home, fully use the main house and still have $1350/mo rental income OR become an investor with $2700/mo rental income. New AC central unit, New Water heater. Each Room as its own personal AC unit as well. 6 parking spots total. Nearby: Grocery stores, Mekong supermarket, Cafes, Restaurants, Parks, Mesa Convention Center and Museums and New ASU campus that is coming soon. TENANTS OCCUPIED! MUST CONTACT LISTER FOR VIEWING APPOINTMENT.

Price History
5/15/2021 Listed $400,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Cooling Central A/C, Electric Refrigeratd, Window/Wall Unit
Electric SRP
Features No Pool
Gas Y/N City Gas
Heating Ceiling Fan(s), Electric, Window/Wall Unit(s)
Map Code/Grid Q38
Net Income 30670.00
New Financing 1031 Exchange, Conventional, FHA, VA
Owner Pays Electric, Gas, Landscaping, Sewer, Trash Collection, Water
Parking >1 Space Per Unit, Carport, Paved Parking, Street Parking
Property Type F
Roof Comp Shingle
School District 004 - Mesa Unified District
Sewer Sewer - Public
Status Pending
Subdivision GARDEN GROVE
Tenant Pays None
Water City Franchise
Year Built 1955

Interior Features

Appliances Included BI Oven/Range, Compactor, Dishwasher, Disposal, F/S Oven/Range, Microwave, Refrigerator, Washer/Dryer
Floors Ceramic Tile
Total Number of Units 3.00

Exterior Features

Public Remarks Home Owner or Investor? or BOTH. There are 3 units total. Main unit (1130sf) has 3 beds, 2 bath rents for $1350/mo. 1 Units has 320 sf (permitted) with 2 beds
Sale Includes Land & Building, Laundry Equipment, Personal Property
Const - Finish Painted
Covered Parking Spcs 1.00
Lot Size Dimensions 7810
Total Parking Spcs 4.00


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 85201

AVG $280K
AVG $793
AVG 62
Year Built
AVG 1985

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