Properties
Mesa, AZ 85203 1129 N WEDGEWOOD Circle
$575,000
27 more
Presented By: eXp Realty; 888-897-7821
Home Details
**SELLER FINANCING OPTION. ** Fantastic investment opportunity in Mesa! This well-maintained duplex sits on a desirable cul-de-sac lot, with the front unit A is currently occupied, offering immediate rental income. Each unit features a spacious 2-bedroom, 2-bathroom layout with detached interior laundry. Unit B, located at the rear, includes an expansive enclosed patio and additional paved parking with convenient alley access. Both units offer covered carport parking and includes a full roof replacement in 2018 and interior updates completed in 2020. With strong rental history and functional layouts, this property presents an excellent opportunity for investors or owner-occupants looking to offset their mortgage with income.
Presented By: eXp Realty; 888-897-7821
Interior Features for 1129 N WEDGEWOOD Circle
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile, Ceramic Tile
Heating Y/NYes
General for 1129 N WEDGEWOOD Circle
Additional Parcels Y/NNo
Attached Garage No
Cap Rate8.23
Carport Y/NNo
CityMesa
Community FeaturesNo Pool
Construction MaterialsWood Frame, Painted
CoolingCeiling Fan(s)
CountyMaricopa
DirectionsGo west on E Brown Turn North on N Wedgewood Circle Destination is on the right
DisclosuresSeller Prop Disc Stm
ElectricSRP
Elementary SchoolKerr Center for Agriscience
Elementary School DistrictMesa Unified District
Garage Y/NNo
Gross Income51600.0
HeatingNatural Gas
High SchoolWestwood High School
High School DistrictMesa Unified District
Insurance Expense1299.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolKino Junior High School
MobileHomeRemainsYNNo
Net Operating Income47300.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total2
Occupancy TypeTenant
Open Parking Spaces6.0
Operating Expense4299.0
OwnerPaysNone
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameENCHANTED VILLAGE
Tax Annual Amount3000.0
Tax Lot164
Tax Year2025
Township1N
Year Built1970
Zoning[M-H] MULTI-FAM
Exterior for 1129 N WEDGEWOOD Circle
Covered Spaces2.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions7327
Number of Buildings1
Parking FeaturesAttached Carport, >1 Space Per Unit
Road Surface TypeConcrete
SpaNo
Total Parking8.0
Water SourceCity Franchise
Additional Details
Price History
Schools
High School
Westwood High School
Middle School
Kino Junior High School
Elementary School
Kerr Center for Agriscience Elementary School
