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(602) 618-5242
Real Estate Company
140 W University Drive, Mesa, AZ 85201
- $735,000
- 9
- BD
- 2
- BA
- List Price
- $735,000
- Days on Market
- 0
- Status
- ACTIVE
- MLS#
- 7089963
- City
- Mesa
- Bedrooms
- 9
- Bathrooms
- 2
- Lot Size
- 12,780
- Subdivision
- Mesa Arizona
- Year Built
- 1950
- Type
- Single Family Residence
Property Description
Investment opportunity! An established, licensed 10-bed residential care facility with a long-term lease and approximately 4.5 years remaining. The single-level property offers approximately 3,400 square feet on a .25-acre lot, with 9 bedrooms and 2 bathrooms configured for its current elderly care operation. Each of the nine bedrooms has a private sink, and ceiling fans are installed throughout the bedrooms. The two bathrooms feature built-out shower areas designed for easier resident access. A dedicated dining room provides a central gathering space, and the kitchen has two refrigerators to support the facility's daily operations. The property also offers a private outdoor sitting area for residents and low-maintenance rock landscaping. The roof was completely redone approximately 4 to 5 years ago following hail damage. No HOA and no pool. Positioned along a high-visibility roadway, the property offers prominent frontage for business signage while maintaining a quieter residential setting around the home. Downtown shopping, entertainment, and other services are nearby. With an established care-facility configuration and an existing long-term lease, this property presents a distinctive opportunity for an investor seeking an income-producing residential care property.
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Additional Information
- Elementary School
- Webster Elementary School
- High School
- Westwood High School
- Middle School
- Carson Junior High School
- Acres
- 0.29
- Architecture
- Ranch
- Assoc Fee Includes
- No Fees
- Builder Name
- unknown
- Community Features
- Near Bus Stop
- Construction
- Block, Painted
- Cooling
- Ceiling Fan(s), Central Air
- Fencing
- Block
- Flooring
- Tile
- Heating
- Electric
- Laundry
- Washer Hookup
- Lot Size
- 12,780
- New Financing
- Cash, Conventional
- Other Rooms
- Family Room
- Parking Features
- Side Vehicle Entry
- Lot Features
- Corner Lot, North/South Exposure, Desert Front, Desert Back
- Roofing
- Composition
- Sewer
- Public Sewer
- Spa
- None
- Stories
- 1
- Style
- Ranch
- Subdivision
- Mesa Arizona
- Taxes
- $1,754
- Tax Year
- 2025
- Water
- Public
Courtesy of Keller Williams Arizona Realty. 480-999-6250
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