2956 E CICERO Street, Mesa, AZ 85213 (MLS# 6571639)

2956 E CICERO Street, Mesa, AZ 85213

$780,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $780,000 Last Modified: 6/02/2025

Overview

Description

Looking for a great investment opportunity? Check out this fully leased 4-plex in Mesa. Two up and two down, each unit has 2 bedrooms & 2 bathrooms. Each home features an inviting floor plan with a living and dining area. All homes have ample natural light and neutral paint. The lower units have ceramic tile flooring throughout the high-traffic areas, and wood-look flooring in bedrooms. Upper units feature vinyl, carpet, and wood-look flooring. Just off the dining is the efficient galley kitchen offering built-in appliances (some new), and sufficient white or wood cabinets and counter space. The primary bedroom includes a private bathroom for your convenience as well as closet space. Near shopping, dining, and other amenities. Don't miss out. Ask for details about this property!

Listing Details MLS# 6571639

Location, Tax & Legal

Map Code/Grid: Q40
House Number: 2956
Compass: E
Street Name: CICERO
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85213
Zip4: 7882
Country: US
County Code: Maricopa
Subdivision: UNIVERSITY VILLA EAST
Assessor Number: 140-11-365
Tax Year: 2022
Assessor's Map #: 11
Legal Description (Abbrev): LOT 4 UNIVERSITY VILLA EAST MCR 025319
Assessor's Parcel #: 365
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420704
Taxes: 2275
Legal: LOT 4 UNIVERSITY VILLA EAST MCR 025319
Marketing Name: University Villa East

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 7999
Year Built: 1985
Uncvrd Parking Spcs: 3
Total # of Units: 4
# of Buildings: Yes
Zoning: RM-3
Flood Zone: No
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Franklin At Brimhall Elementary
Jr. High School: Poston Junior High School
High School: Mountain View High School

Remarks Misc

Cross Street: University Dr & Lindsay Rd
Directions: Head east on E University Dr, Turn left onto N Los Alamos, Turn left onto E Cicero St. Property will be on the right.

Status Change Info

Off Market Date: 2023-08-15
Under Contract Date: 2023-07-13
Close of Escrow Date: 2023-08-31

Legal Info

Township: 1N
Range: 6E
Section: 17
Lot Number: 4

More Information

2 Bedroom Units

# 2 Bedroom Units: 4
Avg Rent: 1275
Avg SqFt: 957
# Baths: 2

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

Four Plex: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Tile: Yes

Floors

Vinyl: Yes
Wood: Yes
Ceramic Tile: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 2275
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Total Monthly Rental Income: 0

Pmt & Rate Info

Equity: 879000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Showing Notification Methods

Phone Call: Yes

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Heat Pump: Yes
Electric: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Exterior Amenities

Desert Landscaping: Yes
Curb(s) & Gutter(s): Yes
Cable TV Available: Yes
Sidewalk(s): Yes
Separate Storage: Yes
Security Light(s): Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Mini Blinds: Yes

Tenant Pays

Gas: Yes
Electricity: Yes
Cable TV: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Free-Standing Range: Yes
Washer/Dryer: Yes
W/D Hookup: Yes

Road Access Type

Dedicated Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes
Unknown: Yes

Water Source

City Franchise: Yes
Master Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes
<1 Space Per Unit: Yes
Paved: Yes

Electric

SRP: Yes
Individual Meter: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Conventional: Yes
FHA: Yes
1031 Exchange: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Floors: Vinyl; Wood; Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping; Curb(s) & Gutter(s); Cable TV Available; Sidewalk(s); Separate Storage; Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Heating: Heat Pump Cooling: Ceiling Fan(s); Electric; Central Air Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: Carport; <1 Space Per Unit; Paved Road Access Type: Dedicated Street Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner; Unknown Showing Notification Methods: Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: FHA; Conventional; 1031 Exchange Environmental: None

Listing Office: Mark Brower Properties, LLC

Last Updated: June - 02 - 2025