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    3034 E Cicero Street

    Mesa, AZ 85213
    • $595,000
    • STATUS: Pending
    • ON SITE: 5 days
    • MLS #: 6214464
    Pending
    UPDATED: 154 min ago
    $595,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1984
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    School District:

    Description

    Opportunity knocks. Rare 4 plex with all 2 bed 2 bath units. NO HOA to worry about either. These large units have in unit full size washer dryer hook ups, spacious kitchens, large living and dining areas and lots of storage. Recent updates include Freshly painted interiors, flooring replaced where needed and some tubs recoated. This property has been owned by a non-profit and will be sold vacant allowing you to rent the property at current market rental rates. Owner currently pays water, sewer and trash, but new owner can take the opportunity to bill tenants monthly for water on top of rent. Final touches are being finished on these units and the property will be active shortly. Great chance to add this to your portfolio.

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    © 2021 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-04-13T00:13:14.857.
    www.yosthomes.com/homes/115823981
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    3034 E Cicero Street Mesa, AZ 85213

    • Price: $595,000
    • Status: Pending
    • Updated: 154 min ago
    • MLS #: 6214464
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1984
    Built
    Neighborhood:
    University Villa East
    County:
    Maricopa
    Area:
    Mesa
    Elementary School:
    Highland Elementary School
    Middle School:
    Poston Junior High School
    High School:
    Mountain View High School
    School District:
    004 - Mesa Unified District
    Property Description
    Opportunity knocks. Rare 4 plex with all 2 bed 2 bath units. NO HOA to worry about either. These large units have in unit full size washer dryer hook ups, spacious kitchens, large living and dining areas and lots of storage. Recent updates include Freshly painted interiors, flooring replaced where needed and some tubs recoated. This property has been owned by a non-profit and will be sold vacant allowing you to rent the property at current market rental rates. Owner currently pays water, sewer and trash, but new owner can take the opportunity to bill tenants monthly for water on top of rent. Final touches are being finished on these units and the property will be active shortly. Great chance to add this to your portfolio.
    Exterior Features

    Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Lot Size Dimensions 70X113 Parking Paved Parking Roads Asphalt Roofing Tile

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 874 2 Bedroom Units Baths 2 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 F/S Oven/Range Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetOther (See Remarks)Vinyl/Composition Heating Electric Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 950.00 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 43320.00 Annual Ins Exp 1500.00 Annual Landscape Exp 300.00 Annual Maint Exp 2000.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 4474.00 Community Amenities No Pool Cross Street University And Val Vista Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas None Gross Annual Sch Inc 45600.00 Hoa YN No Net Operating Income 33046.00 New Financing 1031 ExchangeConventional Operating Exp 8274.00 Other Income 0.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected Proforma Status Update Multiple Offers Recd Tax Municipality Mesa Taxes 0.00 Tenant Pays Electric Totl Mnth Rntal Inc 3800.00 Vacancy Allowance 0.05 Water City Franchise Zoning Rm-3

    Listing courtesy of West Usa Realty.


    © 2021 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-04-13T00:13:14.857.
     
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    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122