$850,000
$825,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/25/2022
Key Details
Sold Price $850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision University Villa East
MLS Listing ID 6383283
Sold Date 05/25/22
Maintenance Fees $2,403
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $2,303
Tax Year 2021
Lot Dimensions 7999
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
Location
State AZ
County Maricopa
Community University Villa East
Zoning RM-3
Direction West to Los Alamos; North to Cicero; West to 2956 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
Parking Type Common
Total Parking Spaces 7
Building
Sewer Public Sewer
Water City Franchise, Master Meter
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 140-11-365
Acceptable Financing No Carry, Conventional, 1031 Exchange
Listing Terms No Carry, Conventional, 1031 Exchange
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with Mark Brower Properties, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "