660 E 1st Avenue, Mesa, AZ 85204
- $625,000
- 6
- BD
- 4
- BA
- 2,455
- SqFt
- List Price
- $625,000
- Price Change
- ▼ $25,000 1744406393
- Days on Market
- 62
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 6831323
- City
- Mesa
- Bedrooms
- 6
- Bathrooms
- 4
- Living SQFT
- 2,455
- Lot Size
- 7,498
- Subdivision
- Allen Park Addn.
- Year Built
- 1948
- Type
- Single Family Residence
Property Description
$25,000 Price Reduction- Now offered at $625,000! This unique Multi Unit Property offers an incredible opportunity to offset your mortgage - live in the Main House consisting of 3 bedrooms/2 bathrooms/2 carport spaces while collecting $2500/mo in Airbnb Rental Income from the attached 1 bedroom/1 bathroom Guest House AND Long-Term Rental Income from the 2 bedroom/1 bathroom secondary home, slashing your out of pocket mortgage expenses to around $1530 monthly. Estimated monthly principal & interest payment of $1,530 based on a 30-year fixed loan at 6.75% interest rate with 3% down on a $625,000 purchase price. APR 7.01%. Payment shown does not include taxes or insurance. Terms are for example purposes only and subject to change. Buyer must qualify with a lender. Seller willing to buyers closing costs for an offer accepted by 4/11. That is homeownership even cheaper than renting!! Both homes have their own private front and backyards, laundry inside, and separately metered for electric, gas, water, trash, and sewer. The roof is about 8 years old while the AC's are 7 years old in the main house and 1 year old in the smaller secondary homeBoth hot water heaters are from 2023. In addition there is a finished basement with extra storage not included in the sq ft. Come take a look!
Additional Information
- Elementary School
- Lowell Elementary School
- High School
- Mesa High School
- Middle School
- Kino Junior High School
- School District
- Mesa Unified District
- Acres
- 0.17
- Assoc Fee Includes
- No Fees
- Basement Description
- Finished, Full
- Builder Name
- Unknown
- Community Features
- Biking/Walking Path
- Construction
- Painted, Block
- Cooling
- Central Air, Ceiling Fan(s)
- Fencing
- Chain Link, Wood
- Fireplace
- None
- Flooring
- Carpet, Laminate, Tile
- Guest House Sq Ft
- 750
- Heating
- Electric
- Living Area
- 2,455
- Lot Size
- 7,498
- New Financing
- Cash, Conventional, FHA, VA Loan
- Other Rooms
- Guest Qtrs-Sep Entrn
- Parking Features
- Side Vehicle Entry
- Property Description
- Corner Lot, North/South Exposure
- Roofing
- Composition
- Sewer
- Public Sewer
- Spa
- None
- Stories
- 1
- Style
- Detached
- Subdivision
- Allen Park Addn.
- Taxes
- $762
- Tax Year
- 2024
- Water
- City Water
- Guest House
- Yes
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Listing courtesy of My Home Group Real Estate.
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