The Story

6312 East Preston Street

Mesa, AZ 85215 · Home

Investor's dream -- estimated 7.4% cap rate, both units rented! Rare find with guest house and pool. Well-maintained 3BR/2BA home (1,244 sf, central A/C) in a quiet neighborhood, with the option to rent the private 279 sf guest house (1,544 sf total) -- rent both or let it help pay your mortgage: potential $2,300 + $1,300/mo if rented separately. Split floor plan, remodeled kitchen w/ Shaker cabinets & quartz counters, Saltillo tile, upgraded LVP in bedrooms. Covered, shaded patio & Pebble Tec pool. Guest house has its own mini-split, kitchenette, bath. Optional fence can separate units. Plus: water softener, whole-house filter, plumbing loop, RV gate. Currently tenant-occupied at $2,300/mo total. Seller is owner/agent.


Facts & Features

Property Info

Price
$460,000
Completion Year
1,992
Living Space
1,244 sq ft
Floors
1
Bedrooms
3
Bathrooms
2
Garage
2 spaces

Features & Amenities

Pool

Yes

Garage / Parking

2 spaces

Fireplace

1 fireplace

Cooling

Central Air, Ceiling Fan(s), Programmable Thmstat

Heating

Electric

Appliances

Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven, Electric Cooktop, Water Purifier

Flooring

Vinyl, Tile

Roof

Tile

Lot Information

North/South Exposure, Desert Back, Desert Front, Synthetic Grass Back

Water Source

Public

Sewer

Public Sewer

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Listing Broker

Coldwell Banker Realty

Broker Name

Coldwell Banker Realty

Agent

Jeffrey Wang