Listing Details:
Listing ID: 6811062
Updated: 2/21/2025 9:00am
| Status | Active/For Sale |
| Days On Market | 18 |
| Taxes | $745.00 |
| HOA | $0.00/******** |
| Type | N/A |
| Open Parking | 8 |
| Year Built | 1957 |
| Lot Size | 0.00 |
| County | Maricopa |
| Listed By | Fathom Realty |
Description:
New Roof, New AC, Incredible INVESTOR opportunity to own a fully occupied, cash flow positive duplex. Current CAP rate at 6.7%, Future pro forma to be 7.3 %. Rare find these days for above 6% CAP properties. Centrally located in Mesa, near 202, 101 and many attractions. This duplex is poised for continuous appreciation in the growing Mesa area. This duplex features 2 units, one is 1 bedroom, 1 bath, the other is 3 bedroom, 2 bath. Long term tenants in place with potential for further rent increase to market rents. 1 bedroom was fully renovated with new bathroom, new tiles throughout the unit. Do not disturb tenants, showing by appointment only. The selling agent is a partial owner of the property
Property Location:
Listed By: Fathom Realty | Han Wu 480-452-7195
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
