122 E 14TH Place, Mesa, AZ 85201
$464,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$464,000
Last Modified:
3/16/2025
Description
Turnkey Duplex Investment Opportunity in Mesa! 6.94% cap rate! This solid brick-and-block duplex features a 3-bed, 2-bath unit (1,240 sqft) and a 2-bed, 1-bath unit (830 sqft), both rented at market rates with great tenants in place. Recent upgrades include a new roof, new carport structure, and a renovated kitchen in one unit. Each unit has separate laundry and storage, plus ample parking with a large carport. Please call your Realtor to schedule appointments. Do not disturb tenants without an appointment please.
More Information MLS# 6813434
Contract Info
Current Price: $464,000
List Price: $464,000
Status: Active
List Date: 2025-01-31
Ownership: Fee Simple
Location Tax Legal
House Number: 122
Compass: E
Street Name: 14TH
St Suffix: Place
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 2718
Country: US
County Code: Maricopa
Subdivision: ROTH ROCK HTS
Assessor Number: 136-22-012
Tax Year: 2024
General Property Description
Lot Size Dimensions: 66x112
Year Built: 1971
Uncvrd Parking Spcs: 6
Total # of Units: 2
# of Buildings: 1
Zoning: RM-2
Flood Zone: TBD
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Bush Elementary
Jr. High School: Kino Junior High School
High School: Westwood High School
Remarks Misc
Cross Street: McKellips & Center St
Directions: From Loop 202: Exit 12 McKellips Rd east to Center St. Center St south to 14th Stl. 14th St east to N Sirrine. North on N Sirrine to 14th Pl. Property on north corner of 14th Pl & N Sirrine.
Geo Lat: 33.441541
Geo Lon: -111.828379
Status Change Info
Status Change Date: 2025-02-20
Legal Info
Township: 1N
Range: 5E
Section: 10
Lot Number: 12
Income Expenses
Gross Annual Sch Inc: 34200
Net Operating Income: 31360
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1050
Avg SqFt: 830
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1800
Avg SqFt: 1240
# Baths: 2
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted; Brick Trim/Veneer
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Separate Storage
Appliances Included: Built-In Range; Dishwasher; W/D Hookup
Heating: Central
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: None
Parking Features: Carport; Paved
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: See Private Remarks; None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; Conventional; 1031 Exchange
Environmental: None
Listing Office: eXp Realty
Last Updated: March - 16 - 2025
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