1150 N WEDGEWOOD Circle

Mesa, AZ 85203

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.

Listing courtesy of Better Homes & Gardens Real Estate SJ Fowler.



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Last checked: 2025-05-06 04:53 PM UTC