645 N Cherry, Mesa, AZ 85201

Great income producing property with a good cap rate that stays rented with long term tenants. Same owners for 10 years. Owners are proud to say they have the same nice, loyal and long term tenants. Leases are month to month and rents can be increased. All units are 2 bedroom 1 bath. Currently two units are rented at $700/month. One units at $610. One unit rents at $630. There is no HOA. Single Level units. New roof in approx. 2014. The tenants enjoy off street parking and small patios.The units are nice inside with tile and carpet. Great Mesa location close to shopping, dining, entertainment and freeway access. Drive by only. Do not walk the property. Do not disturb the tenants.