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1553 W Mercer Ln, Phoenix, AZ 85029
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1553 W Mercer Ln, Phoenix, AZ 85029
Sold for $575,000
1553 W Mercer Ln, Phoenix, AZ 85029
Sold for $575,000
1553 W Mercer Ln, Phoenix, AZ 85029
1553 W Mercer Ln, Phoenix, AZ 85029
1553 W Mercer Ln, Phoenix, AZ 85029
1553 W Mercer Ln, Phoenix, AZ 85029

1553 W Mercer Ln Phoenix, AZ 85029

$575,000

CLOSED
Beds
Baths
0
Sqft
Year
1984
Close Date
Aug 24, 2020
Property Type
Multiple Dwellings
Sub Type
Date Listed
Jan 30, 2020

Description of 1553 W Mercer Ln, Phoenix, AZ 85029

Listing details for 1553 W Mercer Ln, Phoenix, AZ 85029 : Welcome to your future investment! This 4 plex has been beautifully remodeled new paint, new appliances, new flooring, baseboards, New kitchens and bathrooms. The outside futures a nice patio back yard with Balconies to view the mountains! It has a cap rate of 7%! this four plex is 100% occupied, each of the units are rented at 1150 a month. The hoa which takes care of the outside maintenance, community pool and the roofs which is 485 a month.,,this a pure gold mine!
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Listing Updated : 04-29-2026 at 8:44 PM MST
Listing Provided By : Manuel Arellano, 480-685-2760, My Home Group Real Estate

Properties displayed may be listed or sold by various participants in the MLS

Source :

ARMLS, MLS#: 6030583

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Property History

DateEventPrice
8/24/2020
Sold
$575,000 -8%
Source:ARMLS #6030583
1/30/2020
Listed for sale
$625,000
Source:ARMLS #6030583

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1553 W Mercer Ln, Phoenix, AZ 85029