1150 N WEDGEWOOD Circle Active Save Request In-Person Tour Request Virtual Tour
Mesa,AZ 85203
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