$635,000
Mesa, AZ 85203
MLS# 6292781
Status: Closed
1 / 22
Property Description
True turn-key fully occupied individually metered triplex. Single story block construction. All three A/C units replaced in 2021, new roof in 2019. All three units fully remodeled with easy to maintain wood-look ceramic tile, new dual pane windows, new doors throughout. Kitchens fully remodeled with shaker cabinets & all electric, stainless steel appliances. Spacious bedrooms w/ ample closets. Large 48'' bathroom vanities, water efficient dual-flush toilets, tub to ceiling tile surround, rain-style shower heads. Easy to maintain desert landscaping. Two carports with a storage room & washer/dryer hookup for each tenant. Each apartment has a private enclosed front yard. Located near Downtown Mesa, across from walking/bike paths along canal. Home Warranty plan through 01/31/22 *Owner/Agent*
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $635,000
Sold Price: $635,000
Status: Closed
List Date: 2021-09-13
Location, Tax & Legal
Assessor's Map #: 37
Legal Description (Abbrev): KO KO PALMS 2 LOT 66 SELY 56' & NWLY 17' LOT 65
Assessor's Parcel #: 66
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420800
Taxes: 1277
Legal: KO KO PALMS 2 LOT 66 SELY 56' & NWLY 17' LOT 65
Marketing Name: 530 N. Hall
Map Code/Grid: Q39
House Number: 530
Compass: N
Street Name: HALL
St Suffix: --
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85203
Zip4: 7410
County Code: Maricopa
Subdivision: KO KO PALMS 2 LOTS 117-121
Assessor Number: 137-37-066-C
Tax Year: 2020
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 80x100
Flood Zone: No
Total # of Units: 3
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Field Elementary School
Jr. High School: Poston Junior High School
High School: Mountain View High School
Year Built: 1971
Zoning: RM-3
Legal Info
Range: 5E
Section: 13
Township: 1N
Lot Number: 66
Project Type
Tri-Plex: 1
Construction
Block: 1
Brick: 1
Const - Finish
Painted: 1
Brick Veneer: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Wtr/Swr Exp: 2443
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 3720
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 44400
Total Monthly Rental Income: 3700
Pmt & Rate Info
Cap Rate: 6.14
Equity: 650000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Central: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Patio/Balcony: 1
Separate Storage: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Electricity: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Access Type
Alley: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
On Street: 1
<1 Space Per Unit: 1
Attached: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
No Carry: 1
Special
Owner/Agent: 1
Existing 1st Loan
FHA: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1200
Avg SqFt: 800
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Adjustable
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 5000
Seller Concession $/%: $
Remarks Misc
Cross Street: University & Gilbert
Directions: West on University and North on Hall
Geo Lat: 33.424985
Geo Lon: -111.79455
Status Change Info
Off Market Date: 2021-12-11
Under Contract Date: 2021-11-04
Close of Escrow Date: 2021-12-13
Sold Price: $635,000
Income Expenses
Gross Annual Sch Inc: 44400
Net Operating Income: 39931
Property Features
Project Type: Tri-Plex
Construction: Block; Brick
Const - Finish: Painted; Brick Veneer
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Patio/Balcony; Separate Storage
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup
Heating: Central
Cooling: Ceiling Fan(s); Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Carport; On Street; <1 Space Per Unit; Attached
Road Access Type: Alley
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: FHA
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
New Financing: No Carry
Environmental: None
Listing Office: HomeSmart
Last Updated: April - 07 - 2026
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