1856 N Spring -- Mesa, AZ 85203
Listing Courtesy of: Arizona Regional MLS / My Home Group Real Estate

  1856 N Spring -- Mesa, AZ 85203

Active (76 Days)

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.

MLS #:
6723235
Taxes
$1,467
Type
Multifamily
Year Built
1984
County
Maricopa County

Listed By

Benjamin Arredondo, My Home Group Real Estate
Source
Arizona Regional MLS
Last checked Sep 8 2024 at 2:41 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Electric
  • Individual
  • Ceiling Fan(s)
  • Central A/C
Flooring
  • Vinyl
  • Ceramic Tile
  • Carpet
Exterior Features
  • Frame - Wood
  • Stucco
  • Painted
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer, Sewer-In & Connected
School Information
  • Elementary School: Keller Elementary School
  • Middle School: Kino Junior High School
  • High School: Westwood High School
Parking
  • >1 Space Per Unit
  • Assigned
  • Paved Parking
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing Data Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 9/7/24 19:41.