124 W 1st Street, Mesa, AZ 85201

$1,400,000
2,805
SqFt
List Price
$1,400,000
Days on Market
22
Status
ACTIVE
MLS#
6298344
City
Mesa
Living SQFT
2,805
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

Construction
Block, Stucco
Cooling
Central A/C
Electric
City Electric, Underground
Fencing
Other
Floors
Wood
Gas
City Gas, Underground
Guest House SqFt
3
Heating
Natural Gas
Living Area
2,805
Parking
Other (See Remarks), Private Parking
Roofing
Comp Shingle
Sewer
Sewer - Public
Pool
Yes
Stories
1 Story
Subdivision
Mesa City Arizona
Taxes
$3,834
Water
City Franchise, See Remarks
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 JP & Associates Realtors Vantage.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.