1826 N SPRING -- new 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 6926281
Year Built 1984
Annual Tax Amount $1,499
Tax Year 2024
Lot Dimensions 87'x102'
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Great investment or house-hack opportunity in the heart of Mesa, Arizona! This multifamily 4-plex for sale offers four fully renovated 2-bedroom, 1-bath units, each with convenient in-unit washer/dryer hookups. Updated in 2020, the units feature modern upgrades including white shaker cabinetry, matte black fixtures, neutral paint tones, newer tile and carpet, and stainless steel appliances—creating a clean, timeless design that attracts quality tenants.
Major improvements have already been taken care of, including a new roof and four new A/C units, significantly reducing future maintenance expenses and ensuring long-term durability. Three units are currently tenant-occupied, generating consistent rental income, while one unit is available for an owner-occupant buyer a perfect house-hacking opportunity to live in one unit while your tenants help cover the mortgage. Opportunity for additional rental income by converting the patio to a 3rd bedroom for a savvy buyer.
Located in a prime Mesa neighborhood with excellent rental demand, this property offers unbeatable convenience. Just minutes from US-60 and Loop 202 freeways, commuting throughout the Phoenix Metro and East Valley is fast and easy. Residents enjoy being close to shopping, dining, entertainment, top-rated schools, and major employers. The property's central location makes it highly desirable to renters seeking affordable, updated housing with easy access to everything Mesa has to offer.
Whether you're a seasoned investor looking for cash flow in Arizona's booming rental market or a buyer searching for a turnkey house-hacking property in Mesa, this 4-plex checks all the boxes. A rare opportunity to own a low-maintenance, income-producing property in one of the fastest-growing areas of the Phoenix Metro!
Location
State AZ
County Maricopa
Community North Mesa Village
Area Maricopa
Zoning RM-4
Interior
Heating Electric
Cooling Ceiling Fan(s),Electric
Flooring Vinyl
Appliance Refrigerator,Free-Standing Electric Oven,Washer/Dryer
Exterior
Parking Features 1 Space/Unit,On Street
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water Master Meter,City Franchise
New Construction No
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 136-24-107
Acceptable Financing Conventional,FHA,VA Loan
Disclosures Seller Prop Disc Stm
Listing Terms Conventional,FHA,VA Loan