2956 E CICERO Street, Mesa, AZ 85213
$780,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$780,000
Last Modified:
6/02/2025
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!
More Information MLS# 6571639
Contract Info
Ownership: Fee Simple
Current Price: $780,000
Sold Price: $780,000
Status: Closed
List Date: 2023-06-08
Location, Tax & Legal
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
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
County Code: Maricopa
Subdivision: UNIVERSITY VILLA EAST
Assessor Number: 140-11-365
Tax Year: 2022
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 3
Lot Size Dimensions: 7999
Flood Zone: No
Total # of Units: 4
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
Year Built: 1985
Zoning: RM-3
Legal Info
Range: 6E
Section: 17
Township: 1N
Lot Number: 4
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Tile: 1
Floors
Vinyl: 1
Wood: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
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: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Electric: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Curb(s) & Gutter(s): 1
Cable TV Available: 1
Sidewalk(s): 1
Separate Storage: 1
Security Light(s): 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Access Type
Dedicated Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Unknown: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
<1 Space Per Unit: 1
Paved: 1
Electric
SRP: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Conventional: 1
FHA: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1275
Avg SqFt: 957
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
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.
Geo Lat: 33.423417
Geo Lon: -111.767047
Status Change Info
Off Market Date: 2023-08-15
Under Contract Date: 2023-07-13
Close of Escrow Date: 2023-08-31
Sold Price: $780,000
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
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