414 E Frost Cir., Mesa, AZ 85203

414 E Frost Cir., Mesa, AZ 85203
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$172,900
Sold on 2/14/14
Beds Baths Sq. Ft. Taxes Built
0.00 0 $781 1971
On the market: 50 days
View full details, photos, school info, and price history
LISTED BELOW APPRAISED VALUE! Cash flow opportunity. Triplex located in Mesa. Currently gross monthly rent is $1,100 with two units rented and one owner occupied.Owner lives for free! 2 long term tenants on month to month leases currently. They have never been late with rent. Recent appraisal suggests market rents for this prop should gross $1,725. This property may qualify for section 8 housing, which is guaranteed rent paid each month. Updating properties could increase potential rental however units are clean and rentable as is. Very low vacancy rate in this area.
Listing courtesy of Katie Lambert