About 1856 N Spring
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. All units are individually metered electric. A 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. Large open side yard can be enclosed into private yards for tenants. The City of Mesa Section 8 Housing Choice Voucher Program provides housing assistance with the following payment standards as followed $1,720 for 2 bedroom units, and $2,318 for 3 bedroom units. This lucrative Fourplex opportunity has the potential of producing $82,560 to $111,264 yearly gross income.
Features of 1856 N Spring
| MLS® # | 6838360 |
|---|---|
| Price | $775,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1984 |
| Type | Multiple Dwellings |
| Status | Active Under Contract |
Community Information
| Address | 1856 N Spring |
|---|---|
| Subdivision | NORTH MESA VILLAGE |
| City | Mesa |
| County | Maricopa |
| State | AZ |
| Zip Code | 85203 |
Amenities
| Amenities | Other |
|---|---|
| Parking Spaces | 7 |
| Parking | Paved, Assigned, >1 Space Per Unit |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Free-Standing Range, Disposal, Refrigerator, Microwave, W/D Hookup |
|---|---|
| Heating | Individual, Electric |
| Cooling | Central Air, Ceiling Fan(s), Electric |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Wood Frame, Painted, Stucco |
| Horse Property | No |
School Information
| District | Mesa Unified District |
|---|---|
| Elementary | Keller Elementary School |
| Middle | Kino Junior High School |
| High | Westwood High School |
Additional Information
| Zoning | MULTI |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | My Home Group Real Estate |
|---|