Wedgewood Duplex
1150 N Wedgewood Circle,
Mesa, AZ 85203
Priced at $499,900
$499,900
Price
2
Number of Units
$249,950
Price Per Unit
2,400
Building SF
6.21%
Cap Rate
8,115
Land SF
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$499,900
Price
2
Number of Units
$249,950
Price Per Unit
2,400
Building SF
6.21%
Cap Rate
8,115
Land SF
Impressive Duplex
An impressive Mesa duplex that redefines the concept of multi-family living. Located at 1150 N Wedgewood Circle, this exceptional property combines spacious comfort, thoughtful design, and meticulous maintenance throughout.
Unit A offers a generous 1,600 square feet with 3 bedrooms and 2 bathrooms. The open split floor plan ensures privacy and functionality, while a cozy fireplace adds warmth and charm. Recent updates include a new heater blower motor and hot water heater in 2023, capacitor replacement in 2024, and a newer refrigerator (2019). The unit was fully repainted and the carpets deep cleaned in 2021, showcasing pride of ownership at every turn.
Unit B is an inviting 2-bedroom, 1-bathroom residence encompassing 800 square feet. Major mechanical updates include a new condenser motor and fan (2023), an upgraded AC blower motor (2021), and a newer hot water system. Both units feature private, fenced backyards, offering added privacy and outdoor enjoyment.
No Deferred Maintenance
This duplex has been diligently maintained with no deferred maintenance. A major upgrade includes the replacement of the primary sewer line in December 2024, now covered under a 10-year warranty. The owners have taken a proactive approach to upkeep, partnering with tenants to ensure prompt reporting of any issues.
Ideally situated in the heart of Mesa, this property provides convenient access to shopping centers, restaurants, schools, parks, and major highways, making for an easy commute throughout the greater Phoenix area. The owners have also invested in a top-tier landlord insurance policy rather than a basic premium plan, which averages about $1,200 per year and has never had a filed claim. This turnkey duplex presents an outstanding investment opportunity or a comfortable multi-family living option in one of Mesa’s most desirable and connected neighborhoods.
Location Summary
Nestled in a tranquil neighborhood in the heart of Mesa, this charming duplex offers a perfect blend of suburban serenity and urban convenience. Situated at 1150 N Wedgewood Circle, it enjoys a prime location that provides easy access to a variety of amenities and attractions, making it an ideal place for both families and professionals.
Located in the central part of Mesa, this property benefits from its proximity to major thoroughfares like the Red Mountain Freeway (Loop 202) and the Superstition Freeway (US-60), facilitating convenient commutes to nearby cities such as Tempe, Scottsdale, and Phoenix. The neighborhood is known for its peaceful residential atmosphere and well-maintained streets, making it a welcoming place to call home.
The area surrounding North Wedgewood Circle boasts a diverse array of amenities. Residents enjoy convenient access to grocery stores, retail shops, and dining options, all just a short drive away. Nearby shopping centers offer everything from daily necessities to specialty stores, catering to a wide range of needs. About 10 minutes away, Mesa Riverview features a variety of shopping and dining choices, as well as a movie theater. Riverview Park is a vibrant part of Mesa, offering a mix of sports, leisure, and community activities. It is associated with Sloan Park, the centerpiece of the complex, which hosts the Chicago Cubs for their spring training games.
This area is perfect for families, being served by reputable schools within the Mesa Public School District, which provide quality educational opportunities from elementary through high school. Furthermore, its close proximity to higher education institutions makes it attractive to both students and educators. Mesa Community College is a mere 15-minute drive away, and Arizona State University's main campus in Tempe is just 20 minutes away.
Outdoor enthusiasts will appreciate the abundance of parks and recreational facilities nearby. Pioneer Park and the Mesa Greenbelt provide picturesque settings for walking, biking, and family picnics. For those interested in culture and the arts, downtown Mesa offers museums, galleries, and theaters, delivering diverse entertainment options year-round. Tempe Town Lake features a wide array of activities, including water sports, boating, kayaking, and fishing, with the lake being stocked with fish like bass and catfish. An artificial beach provides an urban experience, and, last but not least, numerous festivals and concerts are held throughout the year, all just 15 minutes away.
The community around 1150 N Wedgewood Circle is renowned for its friendly atmosphere and strong sense of camaraderie. Residents frequently participate in local events and activities, creating a welcoming environment for newcomers. Just up the road is the Hohokam Stadium, a famous baseball facility with a rich history connected to Major League Baseball (MLB) spring training. The stadium, with seating for approximately 10,500, offers an intimate viewing experience.
This well-situated duplex offers not only a comfortable living space but also a strategic location that maximizes convenience and quality of life. Whether you're looking for a peaceful place to settle down or a smart investment opportunity, 1150 N Wedgewood Circle presents a compelling choice in the vibrant city of Mesa.
FOR MORE DETAILS CONTACT
Laura Good
Realtor / Commercial / Multi-Family Specialist
(480) 406-1984
lauragoodaz@gmail.com
SA639563000
Daniela Rubio
Realtor / Commercial / Multi-Family Specialist
(480) 334-7775
danielarubiosjf@gmail.com
SA662518000
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