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3049 E Cicero St
Mesa, AZ 85213
Asking Price
$795K
Cap Rate
5.7%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Fully Renovated 4-Unit Multifamily in East Mesa with Value-Add Upside <ul><li><span>Recent Capital Improvements The Property has undergone meaningful capital renovations over the past two years, reducing new ownership's near-term Capital Expenditure while enhancing tenant appeal. These Include: Two (2) Fully-Renovated units completed in 2024 which feature new paint and updated modern flooring; and, the remaining Two (2) units which were just finished in Q1 2026 and were revitalized with: new cabinetry, modern flooring, paint as well as brand-new roofing (complete
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NOI
$80,000
Cap Rate
10.06%
DSCR
1.69
Strong
Cash-on-Cash
13.75%
Monthly Payment
$3,933.226
Annual Cash Flow
$32,801.285
