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2956 E Cicero Street

Mesa, AZ 85213
  • $825,000
  • STATUS: Active Under Contract
  • ON SITE: 34 Days
  • MLS #: 6383283
Under Contract
UPDATED: 40 min ago
$825,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
University Villa East
Type:
Multi-Family
Built:
1985
County:
Maricopa
Area:
Mesa

School Ratings & Info

School District:
004 - Mesa Unified District
Visit GreatSchools.org

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

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© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty West Valley. Data last updated 2022-05-18T21:13:21.803.
www.myhomesaz.com/homes/127680888
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2956 E Cicero Street Mesa, AZ 85213

  • Price: $825,000
  • Status: Active Under Contract
  • On Site: 34 Days
  • Updated: 40 min ago
  • MLS #: 6383283
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1985
Built
Neighborhood:
University Villa East
County:
Maricopa
Area:
Mesa
School District:
004 - Mesa Unified District
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
Exterior Features

Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 4.00 Exterior Amenities Cable Tv AvailableDesert LandscapingSecurity Light(S)Separate Storage Lot Size Dimensions 7999 Parking <1 Space Per UnitCarportPaved ParkingStreet Parking Roads AsphaltCurb(S) & Gutter(S)Dedicated StreetSidewalk(S) Roofing Tile

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 957 2 Bedroom Units Baths 8 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included DishwasherDisposalF/S Oven/RangeMicrowaveRefrigeratorW/D HookupWasher/Dryer Cooling Ceiling Fan(S)ElectricHeat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic TileVinylWood Heating ElectricHeat Pump Interior Amenities Fire/Smoke Alarm(S)Mini BlindsUnfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1150.00 2 Bedroom Units 4 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 55200.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1700.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1345.00 Annual Legal And Acctg 0.00 Annual Maint Exp 2403.00 Annual Mgmt Exp 3560.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 3600.00 Community Amenities No Pool Cross Street University & Val Vista Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual MeterSrp Gas None Gross Annual Sch Inc 55200.00 Hoa YN No Net Operating Income 40289.00 New Financing 1031 ExchangeConventionalNo Carry Operating Exp 14911.00 Other Income 0.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type 5 - 12 UnitsDuplexFour PlexTri-Plex Sale Includes Land & BuildingLaundry EquipmentPersonal Property Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Accept Backups (Clo) Status Update Multiple Offers Recd Tax Municipality Mesa Taxes 2303.00 Tenant Pays Cable TvElectric Totl Mnth Rntal Inc 4600.00 UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water City FranchiseMaster Meter Zoning Rm-3

Listing provided by Duckett Management & Real Estate: (602) 578-7199.


© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty West Valley. Data last updated 2022-05-18T21:13:21.803.
 
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