1645 N DATE Street, Mesa, AZ 85201 (MLS# 6363622)

1645 N DATE Street, Mesa, AZ 85201

$5,000,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $5,000,000 Last Modified: 4/07/2025

Overview

Description

Featuring 5 out of the 6 buildings of the multifamily complex located at 1645 N Date near Downtown Mesa. Each building is 2 stories and consist of (4) 2-Bedroom/1-Bath units. These newly renovated (20) 2-Bedroom/1-Bath units feature upgraded flooring throughout, in-unit laundry, beautifully remodeled galley kitchens complete with new appliances and new white cabinetry. This property is located in the deirable neighborhood of west Mesa and close to everything imaginable. Residents enjoy the accessibility to downtown Mesa's museums, theaters, and nightlife: ASU, Mesa Riverview, Tempe Marketplace, Tempe Town Lake, Downtown Mesa, and the new Chicago Cubs Stadium. Accessible freeways: 202, 101, and the 60.] Management continues to increase rents. Offering In Documents tab.

Listing Details MLS# 6363622

Location, Tax & Legal

Map Code/Grid: Q38
House Number: 1645
Compass: N
Street Name: DATE
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 2160
Country: US
County Code: Maricopa
Subdivision: MCLELLAN ACRES BLK 2
Assessor Number: 135-11-008-M
Tax Year: 2021

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 7013
Year Built: 1984
Uncvrd Parking Spcs: 40
Total # of Units: 20
# of Buildings: 5
Zoning: M-H
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Whitman Elementary School
Jr. High School: Carson Junior High School
High School: Westwood High School

Remarks Misc

Cross Street: Country Club Dr & McKellips Rd
Directions: Head south on Country Club Dr, West on Ivyglen St, South on Date. Complex is on the corner lot at the left side.

Status Change Info

Off Market Date: 2022-03-22
Under Contract Date: 2022-03-17
Close of Escrow Date: 2022-06-06

Legal Info

Township: 1N
Range: 5E
Section: 9
Block: Yes
Lot Number: Yes

More Information

2 Bedroom Units

# 2 Bedroom Units: 20
Avg Rent: 1322.87
Avg SqFt: 820
# Baths: 10

Income Expenses

Net Operating Income: 242316.37

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $

Property Features

Project Type: Four Plex; 13 - 24 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl Sale Includes: Building(s) Only Community Features: No Pool Exterior Amenities: Desert Landscaping; Cable TV Available; Patio/Balcony; Separate Storage Appliances Included: Free-Standing Range; Dishwasher; Disposal; Microwave; Washer/Dryer Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: <1 Space Per Unit; Assigned Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: VA; FHA; Conventional Environmental: Other (See Remarks)

Listing Office: Urbanity Properties

Last Updated: April - 07 - 2025