David Mawyer, MBA
BEDS0
BATHS
MLS#7045584
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNORTH MESA VILLAGE
SCHOOLMesa Unified District
Property Description
Investment Opportunity! Turnkey 4-plex generating strong rental income in a highly desirable Mesa location. This fully occupied multifamily property features four 2-bedroom, 1-bath units, each approximately 867 square feet. Current rents provide immediate cash flow with additional upside potential through future rent growth and value-add improvements. Two units have been updated, while the remaining units offer opportunities to increase returns. Property features individually metered units, granite countertops in select units, and a newer A/C unit. Conveniently located near shopping, dining, schools, and major freeways, this asset is ideal for investors seeking stable income and long-term appreciation. Add this cash-flowing property to your portfolio today!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric
Heating: Electric
Roof Type: Composition
Taxes: $1,483
Year Built: 1984
Feature Descriptions
Community Features: No Pool
Days on Site: 20
Exterior: Wood Frame, Painted
Parking: 1 Space/Unit
Water: City Franchise
Local Schools
School District: Mesa Unified District
Listed By / Shown By
Listed By
Agency Name: My Home Group Real Estate
Agency Phone: 480-685-2760
Shown By
Agent Name: David Mawyer, MBA
Agent Phone: (480) 650-6410
Agency Title: Arizona Best Real Estate
Estimate Your Payment
Estimated Payment
$ 2,011.51 per month $1,669.17 Principal & Interest $123.58 Property Tax $218.75 Homeowner's InsuranceChange Payment Information
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1861 N Spring | MLS# 7045584
This multi-family property located at 1861 N Spring, Mesa, AZ 85203 is currently listed for sale with an asking price of $749,999. N Spring is located within the Mesa Unified District school district. Search Mesa real estate on mawyer.arizonabest.com today.