2020 N HUNT Circle, Mesa, AZ 85203

$660,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $660,000 List Date: 1/29/2026 Last Modified: 5/21/2026

Overview

Description

IGNORE DAYS ON MARKET, BUYER COULD NOT PERFORM!! BRAND NEW ROOF 3/3/26. No HOA. Charming, well-maintained four-plex nestled in a desirable Mesa 85203 neighborhood. Each unit offers a comfortable 2-bedroom, 1-bath layout and the property is fully tenant occupied, providing immediate rental income. Pride of ownership shines throughout with consistent care and thoughtful maintenance. Located near local shops, dining, schools, and easy freeway access, this is a wonderful opportunity to own a solid multifamily asset in an established, high-demand area.

Listing Details MLS# 6974054

Location, Tax & Legal

House Number
2020
Compass
N
Street Name
HUNT
St Suffix
Circle
City/Town Code
Mesa
State/Province
AZ
Zip Code
85203
Zip4
2063
Country
US
County Code
Maricopa
Subdivision
NORTH GATE GARDENS
Assessor Number
136-07-161
Tax Year
2025
Assessor's Map #
7
Legal Description (Abbrev)
LOT 3 NORTH GATE GARDENS MCR
Assessor's Parcel #
161
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
420301
Taxes
1750
Legal
LOT 3 NORTH GATE GARDENS MCR
Marketing Name
North Gate Gardens

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
0.192
Year Built
1983
Uncvrd Parking Spcs
6
Total # of Units
4
# of Buildings
Yes
Zoning
M-H
Elementary School District
Mesa Unified District
High School District
Mesa Unified District

Remarks Misc

Cross Street
GILBERT RD. & MCKELLIPS

Status Change Info

Off Market Date
2026-05-04
Under Contract Date
2026-04-15
Close of Escrow Date
2026-05-20

Legal Info

Township
1N
Range
5E
Section
Yes
Lot Number
3

More Information

Income Expenses

Gross Annual Sch Inc
34000
Net Operating Income
25360

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Phone Call
Yes

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
800
Avg SqFt
816
# Baths
Yes

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Four Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes
Brick Veneer
Yes

Roofing

Composition
Yes

Floors

Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes
Laundry Equipment
Yes

Income & Expenses

Annual Gas Exp
2814
Annual Ins Exp
1924
Annual Maint Exp
2687
Annual Wtr/Swr Exp
3352
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
12527
Other Income
1200
Vacancy Allowance
0
Adjusted Gross Inc
35200

Pmt & Rate Info

Cap Rate
3.63
Equity
699000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Cooling

Ceiling Fan(s)
Yes
Electric
Yes

Exterior Amenities

Desert Landscaping
Yes
Fenced
Yes
Cable TV Available
Yes
Patio/Balcony
Yes

Interior Features

Vertical Blinds
Yes

Tenant Pays

Gas
Yes
Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Free-Standing Electric Oven
Yes
Refrigerator
Yes

Road Surface Type

Concrete
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
On Street
Yes
1 Space/Unit
Yes
Paved
Yes
Add'l Parking Avail
Yes

Electric

SRP
Yes

Gas

City Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
No Carry
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco; Brick Veneer Roofing: Composition Floors: Tile; Carpet Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Patio/Balcony Interior Features: Vertical Blinds Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal Heating: Forced Air; Natural Gas Cooling: Ceiling Fan(s); Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: City Gas Parking Features: On Street; 1 Space/Unit; Add'l Parking Avail; Free; Paved Road Surface Type: Concrete Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable New Financing: Cash; VA; Conventional; No Carry Environmental: None
IDX
Listing Office: The Brokery
Last Updated: May - 21 - 2026
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