2042 N Center Street, Mesa, AZ 85201

$850,000
5
BD
3
BA
2,155
SqFt

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Sold Price
$850,000
List Price
$899,000
Closing Date
May 07, 2026
Days on Market
70
Status
CLOSED
MLS#
6988778
City
Mesa
Bedrooms
5
Bathrooms
3
Living SQFT
2,155
Lot Size
43,516
Subdivision
Unknown
Year Built
1971
Type
Single Family Residence

Property Description

Unbelievable investment opportunity with scale, flexibility, and strong income potential! Three properties on two parcels totaling .999 acres with flood irrigation, mature citrus trees of multiple varieties, and exceptional usable space. The main house offers nearly 2,200 sq ft with 5 bedrooms, 2.5 baths, and a 3-car garage, plus value-add potential with an easy option to enclose the rear patio for additional livable square footage. The renovated 2 bed/2 bath manufactured home (updated within the last two years) currently rents for $1,200/month, and the separate studio is leased at $410/month. Property also includes a 900 sq ft workshop, 600 sq ft shed, approximately 7,200 sq ft of irrigated grass backyard, and 8 covered carport spaces with ample room to store equipment, vehicles, or run a home-based business. Tenants are willing to sign long-term leases or vacate upon sale, offering maximum flexibility for investors or owner-occupants looking to create a multi-generational compound or income-producing property on nearly an acre -- a rare find with irrigation and serious upside potential.

Additional Information

Elementary School
Whittier Elementary School
High School
Westwood High School
Middle School
Kino Junior High School
Acres
1
Assoc Fee Includes
No Fees
Builder Name
unknown
Construction
Slump Block, Painted
Cooling
Central Air
Fencing
Block
Flooring
Carpet
Garage Spaces
3
Heating
Electric, Forced Air
Horses
Yes
Laundry
See Remarks
Living Area
2,155
Lot Size
43,516
New Financing
Cash, VA Loan, FHA, Conventional, 1031 Exchange
Lot Features
Grass Front, Grass Back
Roofing
Shake
Sewer
Sewer-In & Connected
Spa
None
Stories
1
Subdivision
Unknown
Taxes
$1,848
Tax Year
2025
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Close Pros Real Estate and Management. Selling Office: HomeSmart.

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