$790,000
$750,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
2964 E CICERO Street Mesa, AZ 85213
Key Details
Sold Price $790,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision University Villa East
MLS Listing ID 6343744
Sold Date 02/28/22
Maintenance Fees $1,200
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $2,303
Tax Year 2021
Lot Dimensions 7993 Sq Ft
Property Description
This 4 Plex is a Great Investment! These Units Are All 2 Bed / 2 Baths with Inside Laundry and Largest Floor Plans! Rents are Close to Market Rents at $925; $1,000; $1,000 & $1100 for Each Unit with Room to Increase. All Rental Agreements are Currently Month to Month! Newer Water Heater in the Last 2 Years; (3) New AC Units Installed in 2020 & 2021! All Units Have a Mixture of Tile & Wood Laminate or Tile and Carpet. The Roof is All Tile. The Building Also Has Covered Parking! Washers and Dryers are Inside the Units and Included with the Building. Great Paying Longer Term Tenants in This Building. Please Do NOT Disturb Tenants! Exterior of the Building is Scheduled to Be Painted in the Next Two Weeks! Turn Key Investment with Continued Upside in Rents! No Better Value in the East Valle
Location
State AZ
County Maricopa
Community University Villa East
Zoning RM3
Direction West to Los Alamos; North to Cicero; West to 2964 Cicero on the North Side of the Street
Interior
Heating Heat Pump, Electric
Cooling Heat Pump, Electric, Ceiling Fan(s)
Flooring Wood
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, WD Hookup, Microwave, WasherDryer
Exterior
Garage Common
Community Features No Pool
Waterfront No
Roof Type Tile
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 140-11-364
Acceptable Financing CTL, Conventional
Listing Terms CTL, Conventional
Financing Conventional
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Bought with Duckett Management & Real Estate