1861 N Spring --, Mesa, AZ 85203
- $749,999
- 20
- BD
- 8
- BA
- List Price
- $749,999
- Status
- ACTIVE
- Days on Market
- 80
- MLS#
- 7045584
- Subtype
- Multiple Dwellings
- Year Built
- 1984
- Bedrooms
- 20
- Bathrooms
- 8
- Subdivision
- North Mesa Village
Property Description
Investment Opportunity! Turnkey 4-plex generating strong rental income in a highly desirable Mesa location. This fully occupied multifamily property features four 2-bedroom, 1-bath units, each approximately 867 square feet. Current rents provide immediate cash flow with additional upside potential through future rent growth and value-add improvements. Two units have been updated, while the remaining units offer opportunities to increase returns. Property features individually metered units, granite countertops in select units, and a newer A/C unit. Conveniently located near shopping, dining, schools, and major freeways, this asset is ideal for investors seeking stable income and long-term appreciation. Add this cash-flowing property to your portfolio today!
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Additional Information
- Taxes
- $1,483
- Zoning
- Multi
- Appliances
- Free-Standing Range, Refrigerator, Dishwasher, W/D Hookup
- Heating
- Electric
- Air Conditioning
- Electric
- Exterior Construction
- Wood Frame, Painted
- Parking Features
- 1 Space/Unit
Listing courtesy of My Home Group Real Estate.
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