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408 N Williams -- Mesa, AZ 85203
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Key Details
Sold Price $620,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Ko Ko Palms
MLS Listing ID 6204855
Sold Date 05/14/21
Maintenance Fees $1,800
Year Built 1963
Annual Tax Amount $1,872
Tax Year 2020
Lot Dimensions 13,509
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
WI L L I A M S 4 is a 4-unit apartment community
located just North University Drive immediately West of Gilbert Road offering convenient access to both Downtown Mesa and Gilbert. Williams 4 is centrally positioned among Mesa's densely saturated economic corridors which include Falcon Field Airport, Downtown Mesa, Fiesta District, Superstition Freeway Corridor and NW Gilbert Corridor.
Developed in 1963, the property features two-bedroom, one bath floor plans averaging 800-square-feet. All units include in suite laundry and two of the units have been lightly renovated.
Future ownership will have the opportunity to further renovate unit interiors to realize an interior renovation premium as well as implement operational efficiencies such as monthly utility recapture (or RUBS).
Location
State AZ
County Maricopa
Community Ko Ko Palms
Area Maricopa
Zoning C-O/Commercial
Direction West on University to Williams Street, then North to property
Interior
Heating Individual
Cooling Individual, Electric
Flooring Ceramic Tile
Appliance FS OvenRange, Refrigerator, WD Hookup
Exterior
Parking Features Assigned
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Hawthorne Elementary School
Middle Schools Poston Butte High School
High Schools Mountain View - Waddell
School District Mesa Unified District
Others
Senior Community No
Tax ID 137-37-113
Acceptable Financing Conventional
Disclosures None
Listing Terms Conventional
Financing Conventional
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