1861 N Spring --, Mesa, AZ 85203

$749,999

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List Price
$749,999
Status
ACTIVE
Days on Market
36
MLS#
7045584
Subtype
Multiple Dwellings
Year Built
1984
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!

Additional Information

Taxes
$1,483
Zoning
Multi
Heating
Electric
Air Conditioning
Electric
Exterior Construction
Wood Frame, Painted
Parking Features
1 Space/Unit

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of My Home Group Real Estate.

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