1150 N WEDGEWOOD Circle Mesa, AZ 85203
UPDATED:
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
Unit A is a spacious apartment with 3 bedrooms and 2 bathrooms, covering a generous 1,600 square feet. It boasts a fireplace and a split floor plan that ensures optimal privacy and functionality. The apartment is currently rented for $1,650 per month. The air conditioning unit is regularly maintained, with the capacitor replaced in 2024. Additionally, the 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-bedroom, 1-bathroom apartment spanning 800 square feet and offering excellent living conditions. It is currently rented at $1,155 per month. Both units include fenced backyards for enhanced privacy. In 2023, the condenser motor and fan were replaced, and the AC blower motor was upgraded in 2021. This unit also boasts a newer hot water system.
The property is fully occupied by reliable, long-term tenants with leases, ensuring smooth management and a consistent revenue stream. There is 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. Notably, in December 2024, the primary sewer line was replaced and is covered by a 10-year warranty. 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
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