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.
Listed By
Agency Name: Realty ONE Group
Agency Phone: 480-285-0000
Shown By
Agent Name: Kristin Still
Agent Phone: (480) 604-4886
Agency Title: Arizona Best Real Estate
Estimated Payment
$ 2,131.27 per month $1,778.23 Principal & Interest $120.00 Property Tax $233.04 Homeowner's Insurance
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19 W Inglewood Street | MLS# 7096167
This multi-family property located at 19 W Inglewood Street, Mesa, AZ 85201 is currently listed for sale with an asking price of $799,000. W Inglewood Street is located within the Mesa Unified District school district. Search Mesa real estate on kstill.arizonabest.com today.