1856 N SPRING -- Active

Mesa,AZ 85203

$ 795000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision North Mesa Village

MLS Listing ID 6723235

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1984

Annual Tax Amount $1,467

Tax Year 2023

Lot Dimensions 9583 SQFT

Property Description

An extraordinary investment opportunity in this desirable North Mesa community! All 4 turnkey units are 2 bedroom, 1 bathroom that boast 867 sq ft with private washer & dryer hookup. The savvy investor can convert the large 139 sq ft (11.6ft x 12ft) patio and large 76 sq ft (11.6 ft x 6.6ft) laundry room into a 3rd bedroom and 2 bathroom. City of Mesa Section 8 Housing Choice Voucher Program provides housing assistance with the following payment standards as followed $1,783 for 2 bedroom units, and $2,414 for 3 bedroom units. This lucrative Fourplex opportunity has the potential of producing $85,584 to $115,872 yearly gross income.

Location

State AZ

County Maricopa

Community North Mesa Village

Zoning MULTI

Direction Head south on N Mesa Dr toward E Julep St. Left on E Julep St. E Julep St turns right and becomes N Spring. Property will be on the right.

Interior

Heating Individual,Electric

Cooling Central A/C,Electric,Ceiling Fan(s)

Flooring Carpet,Ceramic Tile,Vinyl

Appliance F/S Oven/Range,Microwave,W/D Hookup

Exterior

Garage Paved Parking,Assigned,>1 Space Per Unit

Community Features Other

Roof Type Composition

Total Parking Spaces 7

Building

Sewer Sewer-In & Connected,Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Keller Elementary School

Middle Schools Kino Junior High School

High Schools Westwood High School

School District Mesa Unified District

Others

Senior Community No

Tax ID 136-24-111

Acceptable Financing Conventional,FHA,VA Loan

Listing Terms Conventional,FHA,VA Loan

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