660 East 1ST Avenue Mesa, AZ 85204

$625,000
6
Beds
4
Baths
0.17
Acres
2,455
SQFT
255
$/SQFT
$625,000
6
Beds
4
Baths
2,455   sf
$255 / sf
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$25,000 Price Reduction- Now offered at $625,000! This unique Multi Unit Property offers an incredible opportunity to offset your mortgage - live in the Main House consisting of 3 bedrooms/2 bathrooms/2 carport spaces while collecting $2500/mo in Airbnb Rental Income from the attached 1 bedroom/1 bathroom Guest House AND Long-Term Rental Income from the 2 bedroom/1 bathroom secondary home, slashing your out of pocket mortgage expenses to around $1530 monthly. Estimated monthly principal & interest payment of $1,530 based on a 30-year fixed loan at 6.75% interest rate with 3% down on a $625,000 purchase price. APR 7.01%. Payment shown does not include taxes or insurance. Terms are for example purposes only and subject to change. Buyer must qualify with a lender. Seller willing to buyers closing costs for an offer accepted by 4/11. That is homeownership even cheaper than renting!! Both homes have their own private front and backyards, laundry inside, and separately metered for electric, gas, water, trash, and sewer. The roof is about 8 years old while the AC's are 7 years old in the main house and 1 year old in the smaller secondary homeBoth hot water heaters are from 2023. In addition there is a finished basement with extra storage not included in the sq ft. Come take a look!

$25,000 Price Reduction- Now offered at $625,000! This unique Multi Unit Property offers an incredible opportunity to offset your mortgage - live in the Main House consisting of 3 bedrooms/2 bathrooms/2 carport spaces while collecting $2500/mo in Airbnb Rental Income from the attached 1 bedroom/1 bathroom Guest House AND Long-Term Rental Income from the 2 bedroom/1 bathroom secondary home, slashing your out of pocket mortgage expenses to around $1530 monthly. Estimated monthly principal & interest payment of $1,530 based on a 30-year fixed loan at 6.75% interest rate with 3% down on a $625,000 purchase price. APR 7.01%. Payment shown does not include taxes or insurance. Terms are for example purposes only and subject to change. Buyer must qualify with a lender. Seller willing to buyers closing costs for an offer accepted by 4/11. That is homeownership even cheaper than renting!! Both homes have their own private front and backyards, laundry inside, and separately metered for electric, gas, water, trash, and sewer. The roof is about 8 years old while the AC's are 7 years old in the main house and 1 year old in the smaller secondary homeBoth hot water heaters are from 2023. In addition there is a finished basement with extra storage not included in the sq ft. Come take a look!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Maricopa
  • Area
    Mesa
  • Tax Amount
    $762
  • Status
    Active
  • Listing #
    6831323
  • Built
    1948
  • Lot Size
    0.17
  • Listed on site
    49 days
  • Builder Name
    Unknown

Listed by:
My Home Group Real Estate

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Community Features

  • No HOA
  • Not Age Restricted

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Apr 11, 202513 days agoPrice decreased25,000 (4%)$625,000
Mar 6, 20252 mos agoNew on market$650,000
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