1856 N Spring --, Mesa, AZ 85203
- $755,000
- Sold Price
- $755,000
- List Price
- $775,000
- Closing Date
- Aug 22, 2025
- Days on Market
- 156
- Status
- CLOSED
- MLS#
- 6838360
- City
- Mesa
- Subdivision
- North Mesa Village
- Year Built
- 1984
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. 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.
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Additional Information
- Elementary School
- Keller Elementary School
- High School
- Westwood High School
- Middle School
- Kino Junior High School
- School District
- Mesa Unified District
- Community Features
- Other
- Construction
- Wood Frame, Painted, Stucco
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Electric
- SRP, Individual Meter
- Flooring
- Carpet, Ceramic Tile, Vinyl
- Heating
- Individual, Electric
- New Financing
- Conventional, FHA, VA Loan
- Parking Features
- Paved, Assigned, >1 Space Per Unit
- Roofing
- Composition
- Sewer
- Sewer-In & Connected, Public Sewer
- Subdivision
- North Mesa Village
- Taxes
- $1,455
- Tax Year
- 2024
- Units
- 4
- Water
- City Franchise
- Zoning
- MULTI
Courtesy of My Home Group Real Estate. 480-685-2760 Selling Office: M&B Realty.
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