Pending Multi-Family MLS# 7058538

102 S POMEROY Street

Mesa, AZ 85210

$399,900

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Listing Office

Officearizona-regional-mls-rsd logoeXp Realty
AgentShane M. Cook
Phone888-897-7821

About 102 S POMEROY Street

This rare to market stable, seven unit apartment building is walking distance to the light rail Near Downtown Mesa and consists of seven 1 bedroom and 1 bathroom units. Most of the tenants have been in their units for many years, and some have even lived there for decades. The photos we have are from 2024 when the last unit turned over. All units currently rented at $850 or more per month except one, so there is a little room to increase rents as the units turn over. Listed at a 6.1 CAP Rate generating just under $24,380 NOI in the last twelve months with very stable tenant mix, increased income opportunity, and long term value investment near Downtown Mesa.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Pending
Year built
1960
Original price
$399,900
MLS #
7058538

Interior

Features
Electric, 2 or More Units, Natural Gas, Carpet, Vinyl
Flooring
Carpet, Vinyl
Heating
Natural Gas
Cooling
Electric, 2 or More Units

Exterior & lot

Features
Off Street, Paved, 1 Space/Unit, On Street, Parking spaces: 7
Construction
Painted, Block, Composition
Roof
Composition
Lot
R-TC, DR-3, 13866021
Parking
Off Street, Paved, 1 Space/Unit, On Street

Schools

District
Mesa Unified District

Utilities

Utilities
Public Sewer, Master Meter, City Franchise
Water
Master Meter, City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,406
Tax year
2025
Parcel
13866021

Location

Subdivision
MESA
County
Maricopa
Neighborhood
Downtown Mesa
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2
Directions
From Mesa & Main, head South to 1st Ave and turn Right/West onto 1st Ave. Pomeroy is your first street on the left, and the property is the building on the SW Corner of 1st Ave and Pomeroy.

Location

Neighborhood
Downtown Mesa
Subdivision
MESA
School district
Mesa Unified District

Interested in this home?

Questions on 102 S POMEROY Street, Mesa, AZ 85210, or want to see it in person?

The Anderson Team · (480) 900-9140

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