1061-63 N July Circle, Mesa, AZ 85203

$480,000
List Price
$480,000
Status
ACTIVE
Days on Market
54
MLS#
6686923
City
Mesa
Year Built
1971

Property Description

DUPLEX - Fully occupied! This investment opportunity holds 2 units (3 bed/2 bath, 1 bed/1 bath) with endless potential. Each unit comes with one parking space and plenty of street parking throughout the cul de sac. Leases through July 31, 2024. Current rents are well below market value with a high projected CAP Rate!

Additional Information

Taxes
$1,555
Net Operating Income
$25,980
Cap Rate
5.41
Units
2
Flooring
Carpet, Ceramic Tile
Parking Features
Street Parking, Common
Construction
Brick Veneer, Painted, Slump Block
Roofing
Composition
Cooling
Electric
Heating
Electric
Zoning
R3
Subdivision
Enchanted Village
Community Features
No Pool
Electric
City Electric
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
New Financing
Conventional, FHA, VA Loan
School District
Mesa Unified District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices Arizona Properties.

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.