Great Investment Property with positive cash flow in a desirable rental area. These units stay rented with long term tenants. New Roof 2016, exterior paint and gravel 2016. The landscape is xeriscape for easy maintenance and low expense. This is a turn key investment, can't miss this opportunity. One unit remodeled this month with new carpet, paint and appliances. Great large units, with washer and dryer in units. Rent $631 month to month tenant since 2011, $795 3 year lease ends 9/2020, $795 lease ends 3/2018 and anticipate vacant unit to be filled this week $825 2 year lease. You can not ask for a better long term income stream. The owner self manages and keeps the property top notch condition.
Off market
Zestimate®
$752,700
2933 E Cicero St, Mesa, AZ 85213
--beds
0baths
3,500sqft
MultiFamily
Built in 1984
-- sqft lot
$752,700 Zestimate®
$215/sqft
$1,876 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Flooring: Tile, Linoleum / Vinyl
Interior area
- Total interior livable area: 3,500 sqft
Property
Features
- Exterior features: Stucco
Lot
- Size: 8,035 sqft
Details
- Parcel number: 14011377
Construction
Type & style
- Home type: MultiFamily
Materials
- steel
- Roof: Other
Condition
- Year built: 1984
Utilities & green energy
- Electric: SRP
- Sewer: Sewer-In & Connected
Community & neighborhood
Location
- Region: Mesa
Other
Other facts
- Ownership: Fee Simple
- Community Amenities: No Pool
- Cooling: Electric Refrigeratd
- Electric: SRP
- Exterior Amenities: Desert Landscaping
- Heating: Electric
- Interior Amenities: Unfurnished
- Parking: >1 Space Per Unit, Paved Parking, Free
- Project Type: Four Plex
- Sewer: Sewer-In & Connected
- Water: City Franchise
- Sale Includes: Land & Building
- Construction: Frame - Wood
- Const - Finish: Painted
- Appliances Included: W/D Hookup, Disposal
- Owner Pays: Water, Trash, Sewer
- Tenant Pays: Electric
- Source of Fincl Data: Provided by Owner
- New Financing: Conventional, FHA, VA
- Tax Municipality: Mesa
- Roads/Streets: Asphalt/Blacktop
- Ownership: Fee Simple
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Estimated market value
$752,700