Investment Property: 907 E Harmony Avenue
Tired of looking at distressed properties! Here is a newly updated property priced at $114,900.
Status: Available
Newly updated Mesa, Arizona investment property
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Description:
This turnkey investment property has many upgrades. New carpet, wood flooring and interior paint throughout. Kitchen features a breakfast bar, new black appliances, dark stained cabinets. There is a real wood burning fireplace in the great room and living room. Large backyard with plenty of room for a pool.
907 E Harmony Avenue backs up to a greenbelt which offers privacy. Located close proximity to parks, shopping, restaurants, and major freeways.
Investor Information:
Dwelling Type: Single Family – Detached
Home Square Footage: 1,700
Lot Square Footage: 8,202
Level: Single Level
Year Built: 1978
Parking: 2 Car Garage
Beds: 4
Baths: 2
Fireplace: Yes
Pool: No
Hoa: No
Rents: 950-1,000*
Projected Cap Rate: 7.25 – 7.75%*
*The range given for the rental income and capitalization rate is calculated based on rental data from a licensed property management professional and is assuming a 2 month vacancy. Expenses used in this calculation are a 10% property management fee, $75/mo homeowners ins., and 2010 property tax bill. This is strictly a projection and may vary depending on when property is acquired. For more information on this property, please contact Clear Vision Investment Group.
