1061-63 N JULY Circle Mesa, AZ ^$ 480,000

1061-63 N JULY Circle

^$ 480,000

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1061-63 N JULY Circle

Mesa, AZ, 85203

^$ 480,000

Studio Baths0.0

Monthly Estimate*

^$ 3,353

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Studio

Multi-Family Home for sale in Mesa, AZ

for $480,000. This home was built in 1971.

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!

Multi-Family Active

Price

^$ 480,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,555

Style

Multiple Dwellings

Year Built

1971

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6686923

Features

General

Sewer Public Sewer

Heating Electric

Cooling Electric

Roof Composition

Zoning R3

Construction Materials Brick Veneer Painted Slump Block

Year Built 1971

Electric City Electric

Tenant Pays Trash Collection Gas Electricity Water Sewer Cable TV

Township 1N

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 2673.0

Community Features No Pool

County Maricopa

Net Operating Income 25980.0

Operating Expense 1555.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name ENCHANTED VILLAGE

Garage Y/N N

Status Active

City Mesa

Buyer Agent Compensation 2.25

Disclosures None

View Y/N N

High School District Mesa Unified District

Open Parking Spaces 0.0

Total Units 2

Lot Size Square Feet 0.0

Carport Y/N N

Street Name JULY

Tax Annual Amount 1555.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 23

Standard Status Active

Occupancy Description Tenant

Elementary School District Mesa Unified District

Tax Lot 117

Cap Rate 5.41

Buyer Agent Compensation Type %

New_sp_Financing_co_Conventional5 True

Ownership Fee Simple

Senior Community N

New Financing True

Interior

Flooring Carpet Ceramic Tile

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Circle

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features Street Parking Common

Water Source City Franchise

Total Parking 2.0

Lot Size Area 0.0

Number of Buildings 1

Spa N

Lot Dimensions 6 996

Lot Size Acres 0.0

Road Surface Type Asphalt

Covered Spaces 2.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 106163

* Excluded Features

List By

Berkshire Hathaway Homeservices Arizona Properties

Broker

joseph.bostaph@bhhsaz.com

Affordability Calculator

$3,483

Per Month

Monthly Principal & Interest: $3,353
Monthly Property Taxes: $130
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Mesa, AZ

Average List Price ^$977,681

Percent of Sale Price 104%

About Mesa, AZ

497,111 Population

24% Since 2002

^$51,369 Median Income

36.48 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327115 Elementary School

4327715 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/4/2024	$480,000		Listed Price

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1061-63 N JULY Circle, Mesa, AZ, 85203 is a Multi-Family Home for sale at $480,000. 1061-63 N JULY Circle is a studio with 0.0 baths and was built in 1971. The property's zip code is 85203 which is in Mesa, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/1/2024.

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1061-63 N JULY Circle

Multi-Family Home for sale in Mesa, AZ

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