1856 N SPRING -- Active Save Request In-Person Tour Request Virtual Tour
Mesa,AZ 85203
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
Waterfront No
Roof Type Composition
Total Parking Spaces 7
Building
Sewer Sewer-In & Connected,Public Sewer
Water City Franchise
New Construction Yes
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