$265,000
6009 E CICERO Street
Mesa, AZ 85205
MLS# 5842319
Status: Closed



6009 E CICERO Street, Mesa, AZ 85205
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6009 E CICERO Street, Mesa, AZ 85205 6009 E CICERO Street, Mesa, AZ 85205 6009 E CICERO Street, Mesa, AZ 85205

Property Description
Well kept Duplex in desirable Tenant area. Block Construction. Good Unit Mix and ready for the investor. Buyer to verify all Facts and Figures. Rents are $700 per month per unit-one lease is on a Month to Month. Could raise rents easily! The Tenants pay for their own electric!. Both are two bedroom units with block construction Age Restricted community Tenants in place and NO showings without accepted contract drive by only. Buyer to verify all facts and figures.

Details
Maps
Documents
Contract Info
Current Price: $219,700
Sold Price: $219,700
Status: Closed
List Date: 2018-11-03
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: Q41
House Number: 6009
Compass: E
Street Name: CICERO
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
Zip4: 7509
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 1283 DREAMLAND VILLA 11 MCR 012345
Subdivision: DREAMLAND VILLA 11
Assessor's Map #: 63
Assessor's Parcel #: 42
Add'l Parcels: No
Assessor Number: 141-63-042
Legal: LOT 1283 DREAMLAND VILLA 11 MCR 012345
Census Tract: 420202
Tax Municipality: Mesa
Taxes: 828
Tax Year: 2018
Marketing Name: Duplex
General Property Description
Lot Size Dimensions: 8729
Year Built: 1976
Uncvrd Parking Spcs: 1
Total # of Units: 2
# of Buildings: 1
Zoning: 0320
Elementary School: Adult
Jr. High School: Adult
High School: Adult
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Remarks & Misc
Cross Street: Recker/University
Geo Lat: 33.423605
Geo Lon: -111.70149
Status Change Info
Status Change Date: 2019-06-25
Off Market Date: 2019-05-20
Under Contract Date: 2019-05-20
Close of Escrow Date: 2019-06-25
Sold Price: $219,700
Legal Info
Township: 1N
Range: 6E
Section: 13
Lot Number: 1283
Income & Expenses
Annual Ins Exp: 1000
Annual Landscape Exp: 300
Annual Maint Exp: 500
Annual Mgmt Exp: 600
Annual Trash Exp: 400
Annual Wtr/Swr Exp: 1200
Owner Association: No
Operating Exp: 4828
Gross Annual Sch Inc: 16800
Vacancy Allowance: 0.02
Adjusted Gross Inc: 16464
Totl Mnth Rntal Inc: 1400
Net Operating Income: 11636
Pmt & Rate Info
Cap Rate: 4.39
Equity: 265000
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 525
Avg SqFt: 1020
# Baths: 2
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Brick Trim/Veneer
Roofing: Comp Shingle
Floors: Carpet
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Fenced
Interior Amenities: Unfurnished
Appliances Included: F/S Oven/Range
Cooling: Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking: Carport
Roads/Streets: Curb(s) & Gutter(s)
Owner Pays: Water; Trash Collection
Tenant Pays: Sewer; Electric; Cable TV
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Non Assumable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional
Reports/Disclosures: Other (See Remarks)
Environmental: None

Listing Office: Gerchick Real Estate

Last Updated: June - 25 - 2019

6009 E CICERO Street, Mesa, AZ 85205 - MLS# 5842319
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