124 W 1st Street, Mesa, AZ 85201

$1,000,000
Sold Price
$1,000,000
List Price
$1,400,000
Closing Date
Nov 19, 2021
Days on Market
53
Status
CLOSED
MLS#
6298344
City
Mesa
Lot Size
38,134
Subdivision
Mesa City Arizona
Year Built
1912

Property Description

This property is a great opportunity for Investors. Has many potential opportunities in the downtown Mesa area. Features 3 detached units - 2 Bedroom / 1 Bath 575 SQFT, 2 Bedroom / 1 Bath 927 SQFT, 1 Bedroom / 1 Bath / Loft 1303 SQFT. The .875 Acre Lot allows for potential buildout of more. The Zoning is [DB-1] Downtown Business District 1 75% [DR-2] Downtown Residence District 2 25%. Water well that has 2 - 3000 Gallon Tanks. Has ability to apply for Form Based Zoning. Near the new ASU Campus, Light Rail, Downtown Businesses and Restaurants. Located in Opportunity Zone. Great area for Multi-Family Buildout.

Additional Information

Acres
0.88
Construction
Stucco, Block
Cooling
Central A/C
Electric
Underground, City Electric
Fencing
Other
Flooring
Wood
Heating
Natural Gas
Lot Size
38,134
Parking Features
Other (See Remarks), Private Parking
Roofing
Composition
Sewer
Public Sewer
Subdivision
Mesa City Arizona
Taxes
$3,834
Tax Year
2021
Water
See Remarks, City Franchise
Zoning
C-TC, R-TC

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of JPAR Vantage. Selling Office: Keller Williams Integrity First.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.