5825 E University Drive

Mesa, AZ
$ 2,400,000 Beds 24 Baths 16 Sq 12,560
Monthly Estimate* How much can I afford?

Demand is so High for These Red Brick Beautiful Buildings Feature 8-2 Bedroom Units and 8-1 Bedroom Units, 100% Rented and Rarely a Vacancy. Many Long Term Occupants of 5 Years or More Up to 12 Years. Each Unit has a Private Patio, Full Size Washer/Dryer Hook-up.Interiors Well Kept and Separately Metered for Electric. Each Building Has it's Own Parcel Number 141-49-006-P,Q,R & S. This Property has Been Owner Operated for Approximately the Last 17 Years. Owner has Serviced Air Conditioners Annuallyand All Appear to be in Working Condition. Property is in the County, Although Water & Sewer is Serviced by City of Mesa. All Facts and Figures are Approximate, Buyer to Verify to Their Satisfaction.

Pending

  • Price
  • $ 2,400,000
  • Lot Size
  • Bedrooms
  • 24
  • Sqr Footage
  • 12,560
  • Full Bathrooms
  • 16
  • Year Built
  • 1984
  • Half Bathrooms
  • 0
  • City, Zip
  • Mesa
  • Taxes
  • 7169
  • County
  • MARICOPA
  • Style
  • Area
  • MLS#
  • 6185528
  • Zip
  • 85205
Listing Provided by: S.J. Fowler Real Estate, Inc.
Data Source: Arizona Regional MLS (ARMLSN)

Features

General

1 Bedroom Units: Avg Rent 762.00
2 Bedroom Units: Avg Rent 925.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Brick
Cooling Electric Refrigeratd, Individual
Electric SRP
Exterior Features Cable TV Available, Desert Landscaping, Fenced, Patio/Balcony
Features Golf/Putting Green, No Pool
Gas Y/N SW Gas
Heating Electric, Individual
Interior Features Unfurnished
Map Code/Grid R41
Net Income 129645.00
New Financing Conventional
Owner Pays Sewer, Trash Collection, Water
Parking >1 Space Per Unit, Carport
Property Type F
Roof Comp Shingle
School District 004 - Mesa Unified District
Sewer Sewer - Public
Special Unincorporated Area
Status Pending
Tenant Pays Electric, Gas
Water City Franchise
Year Built 1984
Zoning R3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 8
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 645
2 Bedroom Units: # 2 Bedroom Units 8
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 925
Appliances Included BI Oven/Range, Disposal, Refrigerator
Floors Carpet, Concrete, Vinyl/Composition
Total Number of Units 16.00

Exterior Features

Public Remarks Demand is so High for These Red Brick Beautiful Buildings Feature 8-2 Bedroom Units and 8-1 Bedroom Units
Sale Includes Land & Building
Const - Finish Brick Trim/Veneer, Painted
Covered Parking Spcs 16.00
Lot Size Dimensions IRR
Total Parking Spcs 22.00

Amenities

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

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Gilbert, AZ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/25/2021 Listed $2,400,000

Property vs Zip Code Average in 85205

Price
AVG $390K
$2.4M
Taxes
AVG $1,970
$7,169
Visits
AVG 95
30
Year Built
AVG 1988
1984
Walkscore
AVG 37
33
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

5825 E University Drive Mesa, AZ is a Single Family Home for sale at $2400000 with 12560 sqft and a lot size of Acre(s). 5825 E University Drive Mesa has 24 bedrooms, 16 baths and was built in 1984. The property's zip code is 85205 which is in Mesa, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.