546 N DREW Street
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    Courtesy of ARMLSNWMLS

    OverviewEstate Overview - $425,000

    Listing View7
    Like Count-
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    546 N DREW Street,

    Mesa, AZ 85201

    New roof installed in Feb'25 with lifetime shingles and 5 year warranty.New AC & water heaters, all tile flooring.Fully occupied with long term tenants, cash flow positive, current CAP rate at 6.9%, future pro forma to be 7.5%.This duplex features 2 units, one is 1 bedroom, 1 bath.the other is 3 bedrooms, 2 baths.3 bedrooms unit has a huge 1,200 sqft back yard with 2 sheds.This duplex is poised for continuous appreciation in a growing Mesa area, centrally located near 202, 101 and many nearby attractions.Long term tenants in place with potential to further raise rents to market rents.See P&L details in documents section...See More

    • 0 Beds
    • 0 Baths
    • 0 Sqft
    • MultiFamily

    OverviewListing Details

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    Status:Closed
    Original Listing Price: $ 480,000
    Listing Date: 03/18/2025
    Days on dealty:Was on Dealty for 72 days
    County:Maricopa
    MLS Type:ARMLS
    Built In:1957
    Has HOA:Yes
    Status Change Date:May 29, 2025
    Pool:No
    *Please Contact Lister for more information.

    FeaturesProperty Features

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    Design
    • Property subtype: ********
    • Construction materials: Wood Frame, Painted, Stucco
    • Roof: Other, See Remarks
    Flooring
    • Ceramic Tile
    • Vinyl
    Interior Spaces
      --
    Bedrooms & Bathrooms
    • 0 - Bedrooms
    • 0 - Bathrooms
    Exteriors
    • Exterior features: ,
    Lot Details
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    AmenitiesAmenities

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    Utilities
    • Cooling - Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Electric
    • Heating - ENERGY STAR Qualified Equipment, Central, Electric
    • Water Source : City Franchise
    • Sewer Information : Public Sewer
    Laundry
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    Parking
    • Parking Features: Paved, Free, Add'l Parking Avail, >1 Space Per Unit
    • Garage Spaces: 0
    • Covered Spaces: 0
    • Parking Spaces: 8

    HOAHOA & Financial

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    Primary HOA
    • Association Name: ********
    • Association Fee: $********
    • Association Fee Frequency: ********
    • Association Phone: ********
    Second HOA
    • Association Name: ********
    • Association Fee: $********
    • Association Fee Frequency: ********
    • Association Phone: ********
    Third HOA
      No

    OverviewOpen House

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    * There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

    Schools & Neighborhood

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    Schools
    • Mesa Unified District
    Neighborhood
    • BOWEN TRACT

    NeighborhoodExplore The Area

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    AgentListing Agent

    Agent
    Han Wu

    (Fathom Realty)

    MLS # 6837131

    546 N DREW Street

    Mesa, AZ 85201

    $425,000
    Flyer cover
    FOR MORE PHOTOS VISIT
    https://www.dealty.ai/buy/home/546-n-drew-street-mesa-az-85201-84746ce1-06e1-47ad-9207-ad50660aa44f
    Year Built
    1957
    Garage
    8

    New roof installed in Feb'25 with lifetime shingles and 5 year warranty. New AC & water heaters, all tile flooring. Fully occupied with long term tenants, cash flow positive, current CAP rate at 6.9%, future pro forma to be 7.5%. This duplex features 2 units, one is 1 bedroom, 1 bath. the other is 3 bedrooms, 2 baths. 3 bedrooms unit has a huge 1,200 sqft back yard with 2 sheds. This duplex is poised for continuous appreciation in a growing Mesa area, centrally located near 202, 101 and many nea...(Visit the link to Get more info)

    AGENT CONTACT
    Han Wu
    Fathom Realty

    Multiple Listing Service of ARMLS

    All information should be independently verified by the recipient, and no representation is made by ARMLS as to its accuracy.