816 N Revere, Mesa, AZ 85201

$850,000
  • 816 N Revere, Mesa, AZ 85201 Main Photo

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Active
BEDS0 BATHS MLS#7002414
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHERITAGE ESTATES UNIT 2 SCHOOLMesa Unified District

Property Description

Fully lease, stabilized and profesionally manged fourplex at 816 N Revere delivering immediate cash flow with strong, in place income. Current gross rents of $5,500 are supported by long term tenants and sustainable market rents, making this a turnkey investment with both stability and upside potential. The property offers a highly desirable unit mix featuring one 3 bedroom 2 bathroom unit with a 1 car garage and three 2 bedroom 2 bathroom units. All units include in unit washer and dryer and offer spacious, functional floor plans that enhance tenant retention and overall rental appeal. Recent upgrades have already been completed, including new LVP flooring, updated kitchens with quartz countertops, along with exterior improvements such as fresh paint and enhanced landscaping. This provide a clean, modern asset with minimal immediate capital expenditures. Centrally located in the heart of Mesa with quick access to Loop 202 and Loop 101, and just minutes from Tempe and Mesa Riverview, the property benefits from strong rental demand and excellent accessibility. Turnkey, fully leased, and built for performance, this is a rare opportunity to acquire a well maintained fourplex with proven income, quality tenants, and long term investment strength.

816 N Revere | MLS# 7002414

This multi-family property located at 816 N Revere, Mesa, AZ 85201 is currently listed for sale with an asking price of $850,000. N Revere is located within the Mesa Unified District school district. Search Mesa real estate on www.arizonabest.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Varies by Unit
Heating: Heat Pump, Varies by Unit
Roof Type: Tile, Other
Taxes: $2,463
Year Built: 1984

Feature Descriptions

Community Features: Other
Days on Site: 31
Exterior: Other, Stucco
Parking: 1 Space/Unit, On Street, Attached Garage, Attached Carport
Water: Master Meter, City Franchise

Local Schools

High School: Westwood High School
Middle School: Carson Junior High School
Elementary School: Emerson Elementary School
School District: Mesa Unified District

Listed By / Shown By

Listed By

Agency Name: Lotus Real Estate
Agency Phone: 602-773-1259

Shown By

Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711

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Estimated Payment

$ 2,344.90 per month $1,891.73 Principal & Interest $205.25 Property Tax $247.92 Homeowner's Insurance

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