Viewing Listing MLS# 7039816
$299,000 | 3 beds | 2 full baths | 1 half baths | 1,280 sqft
Mesa, AZ 85205
- 3Beds
- 3.00Total Baths
- 1,280SqFt
- 1994Year Built
- 0.02Acres
- 32 yearsEst Age
- MLS# 7039816
- Residential
- Townhouse
- Active
- Approx Time on Market3 days
- AreaN/A
- CountyMaricopa
- Subdivision Cortina Vista Amd
Overview
East Mesa's Alta Mesa corridor has quietly become one of the more dependable rental markets in the Valley. Established infrastructure, strong school proximity, easy freeway access via the 202, and consistent tenant demand make this pocket of 85205 a reliable hold for investors who know where to look.This three bedroom, two and a half bathroom townhome is currently occupied with a paying tenant at $1,795 per month, meaning the income starts on day one. No lease up period, no vacancy to absorb, and the AC unit was replaced in 2023. The two story layout with an enclosed private patio, all appliances included, and a convenient half bath on the main level makes it the kind of unit that attracts and retains quality long term tenants. Three bedrooms with two and a half bathrooms at this price point is a combination that rents well and stays rented.The Alta Mesa area draws tenants who want proximity to Red Mountain High School, walkable conveniences, and a neighborhood that feels stable and lived in rather than transient. That profile tends to produce lower turnover, which is exactly what you want in a buy and hold asset.Entry is accessible. The rent is already in place. And east Mesa is not going anywhere. For an investor looking to add a performing, low maintenance unit in a proven rental corridor without having to piece it together yourself, this is the kind of opportunity worth moving on.
Agriculture / Farm
Association Fees / Info
Hoa Fees: 67
Hoa Fees Frequency: Monthly
Hoa Fees: 195
Hoa Includes: Roof Repair, Insurance, Maintenance Grounds, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior
Hoa Fees Frequency: Monthly
Hoa: Yes
Bathroom Info
Total Baths: 3
Building Info
Construction Materials: Stucco, Wood Frame, Painted
Builders Name: Unknown
Roof: Tile
Exterior Features
Fencing: Other
Garage / Parking
Interior Features
Flooring: Laminate
Appliances: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Oven
Interior Features: Eat-in Kitchen, Full Bth Master Bdrm
Lot Info
Lot Size Units: Square Feet
Lot Features: Grass Front
Lot Sqft: 850
Misc
Spa Features: None
Possession: Close Of Escrow
Other
Special Listing Conditions: N/A
Other School Info
Property Info
Room Info
Sqft Info
Living Area Source: Assessor
Sqft: 1280
Tax Info
Tax Legal Description: LOT 68 CORTINA VISTA AMD MCR 036803
Tax Amount Annual: 826
Unit Info
Unit: 68
Utilities / Hvac
Water Source: City Water
Cooling: Yes
Cool System: Central Air
Heating: Electric
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Schools
Elem: Mendoza Elementary School
Middle: Shepherd Junior High School
High: Red Mountain High School
Listings courtesy of Barrett Real Estate
MLS# 7040661 
