1855 E Berry Circle, Mesa, AZ, 85204

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$1,399,000
49 Days Online

1855 E Berry Circle
Mesa, AZ 85204

For Sale|Multi-Family|Active
Subdivision:
Mesa Linda 2 Lots 95-110, 115-144
County:
Maricopa

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480-256-8322
1855 E Berry Circle1855 E Berry Circle1855 E Berry Circle1855 E Berry Circle
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Opportunity knocks! Check out this package of 4 single family homes. All are 3 bed, 2 bath homes on nice sized lots. Three of them are located in the same neighborhood and the fourth is just a half a mile away. This is a value-add opportunity. All tenants are currently month to month and rents have not been raised in approximately 3 years. Current cap rate is 3.92% with average rent of $1500 which is well below market. Raise rents to $1850 (still below market) and cap rate goes to 5.02% (see documents tab). Tenants pay all utils! This is a great investment package with a lot of flexibility due to separate parcels. No showings or inspections without an accepted offer. Do not disturb tenants. Drive-by Only. 1848 & 1855 E Berry Circle, 1841 E Jarvis Avenue and 2307 E 3rd Drive Mesa, AZ 85204.

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Listing Snapshot
Price 
$1,399,000
Days Online 
49 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1960
MLS Number 
6475626
Status 
Active
Property Tax 
$4,020
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
2 months agoListing first seen online
General Features
Construction 
Block
Sewer 
Sewer - Public
Water 
City Franchise
Gas 
Other (See Remarks)SW Gas
Project Type 
Other (See Remarks)
Interior Features
Cooling 
Electric
Heating 
See Remarks
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Exterior Features
Roof 
Comp Shingle
Community Features
Zoning 
r-6
Schools
School District
Mesa Unified District
Elementary School
Longfellow Elementary School
Middle School
Poston Junior High School
High School
Mesa High School
Listing courtesy of West USA Realty.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2022-11-29 06:30 AM UTC

Neighborhood & Commute
Source: Walkscore
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