19 W Inglewood Street, Mesa, AZ 85201

$799,000
8
BD
4
BA

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Courtesy of Realty ONE Group. 480-285-0000

List Price
$799,000
Status
ACTIVE
Days on Market
6
MLS#
7096167
Subtype
Multiple Dwellings
Year Built
1984
Bedrooms
8
Bathrooms
4
Subdivision
Center Park Lot 1-26 Tr A

Property Description

Turnkey investment opportunity in Mesa! NO HOA!!! This fully occupied fourplex generates $5,750/month ($69,000/year) in gross rental income. Long term tenants in place that are willing to renew lease--providing immediate, stable cash flow from day one. Two units have been fully remodeled, and all four feature newer HVAC systems, helping minimize near-term capital expenses. Current rents are $1,550, $1,450, $1,450, and $1,300/month. The two remaining units offer future value-add potential through renovations and rent growth. A great opportunity for investors seeking an income-producing multifamily property with established tenants, strong rents, and upside potential. Please do not disturb tenants.

Additional Information

Taxes
$1,440
Zoning
Multi-Family
Appliances
Built-In Range, Refrigerator
Heating
Heat Pump
Air Conditioning
Central Air, Electric
Exterior Construction
Wood Frame, Painted, Stucco
Parking Features
>1 Space Per Unit, Assigned
Elementary School
Whitman Elementary School
Middle School
Carson Junior High School
High School
Westwood High School

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