2956 E Cicero Street, Mesa, AZ 85213

$850,000
Sold Price
$850,000
List Price
$825,000
Closing Date
May 25, 2022
Days on Market
45
Status
CLOSED
MLS#
6383283
City
Mesa
Subdivision
University Villa East
Year Built
1985

Property Description

Great Investment! These units are All 2 Bed & 2 Baths with inside laundry and the Largest Floor Plans On Cicero! Rents are close to current Market Rents At: #101: $1300; #102: $1300; #201: $975; #202: $1025. Unit #201 & #202 are longer term tenants with Potential for an Extra $600 in Cash Flow per Month. Unit #101 & #102 are New Leases & #201 & #202 are Currently Month to Month! Newer water heaters in the last few years; (1) New AC unit installed in 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 each Unit and are included with the building. The Exterior of the Building was Recently Painted. Great Curb Appeal! Several pictures of all (4) units! Please Do NOT Disturb Tenants

Additional Information

School District
Mesa Unified District
Community Features
No Pool
Construction
Painted, Stucco, Frame - Wood
Cooling
Heat Pump, Electric, Ceiling Fan(s)
Electric
SRP, Individual Meter
Flooring
Carpet, Ceramic Tile, Vinyl, Wood
Heating
Heat Pump, Electric
New Financing
No Carry, Conventional, 1031 Exchange
Parking Features
Paved Parking, <1 Space Per Unit, Street Parking, Common
Roofing
Tile
Sewer
Public Sewer
Subdivision
University Villa East
Taxes
$2,303
Tax Year
2021
Tenant Pays
Electricity, Cable TV
Units
4
Water
City Franchise, Master Meter
Zoning
RM-3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Duckett Management & Real Estate. Selling Office: Mark Brower Properties, LLC.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.