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1150 N WEDGEWOOD Circle Mesa, AZ 85203

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Adolfo Lopez

[email protected] +1(480) 233-2777

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Enchanted Village

MLS Listing ID 6842878

Maintenance Fees $504

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1970

Annual Tax Amount $1,210

Tax Year 2024

Lot Dimensions 138.12 x 113.27 x 20.90 x 2090 x 106.87

Property Description

Lucrative gem! This is no ordinary duplex; envision entering a spacious 3 bedroom 2 bath 1,600 sqft home, along with a separate 800 sqft mother-in-law suite that includes 2 bedrooms and 1 bath. Each unit has its own private entrance, individual utility meters, and fenced backyards for enhanced privacy. Primary sewer line was replaced in December 2024 and is covered by a 10-year warranty. This multifamily property offers flexibility to live in one while accommodating a family member in the other, or you can choose to rent out the entire property as a duplex. Currently fully occupied by reliable, long-term tenants with leases, ensuring smooth management and a consistent income stream. Unit A is a spacious 3 bed/2 bath apt currently rented for $1,650. It boasts a fireplace and a split floor plan that ensures optimal privacy and functionality. The air conditioning unit is regularly maintained, with the capacitor replaced in 2024. Heater blower motor was replaced in 2023, a new hot water heater was installed in 2023, and a new refrigerator was added in 2019. In January 2021, the unit was repainted, and the carpets received a deep cleaning. Unit B is a comfortable 2 bed/1 bath apt currently rented for $1,155. Condenser motor and fan were replaced in 2023 and the AC blower motor was upgraded in 2021. This unit also includes a newer hot water system.

No deferred maintenance, as the property is in excellent condition, thanks to the proactive efforts of the owners, who rely on tenants to promptly report any necessary repairs. Situated in the heart of Mesa, this location offers residents the convenience of nearby amenities such as shopping centers, restaurants, schools, and parks. The property is well-connected to major highways and public transportation, providing easy access to the greater Phoenix metropolitan area.

Location

State AZ

County Maricopa

Community Enchanted Village

Zoning Rental Res.

Direction I-60 West to Mesa Dr and go right, turn right onto Brown Rd, turn left onto Wedgewood Circle and property will be straight ahead.

Interior

Heating Heat Pump, 2 or More Units

Cooling Ceiling Fan(s), Heat Pump, 2 or More Units

Flooring Carpet, Ceramic Tile, Vinyl, Wood

Appliance Free-Standing Range, Disposal, Dishwasher, Refrigerator, W/D Hookup

Exterior

Parking Features Add'l Parking Avail, Carport

Community Features No Pool

Roof Type Built-Up

Total Parking Spaces 4

Building

Sewer Sewer-In & Connected

Water City Franchise

New Construction No

Schools

Elementary Schools Ishikawa Elementary School

Middle Schools Stapley Junior High School

High Schools Mountain View High School

School District Mesa Unified District

Others

Senior Community No

Tax ID 137-32-267

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

Listed by Better Homes & Gardens Real Estate SJ Fowler

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Adolfo Lopez

Agent | SASA559192000

+1(480) 233-2777

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1150 N WEDGEWOOD Circle Mesa, AZ 85203

Adolfo Lopez

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1150 N WEDGEWOOD Circle