434 S HILL Street, Globe, AZ 85501
434 S HILL Street, Globe, AZ 85501
434 S HILL Street, Globe, AZ 85501
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$449,000
Est. payment /mo
6 Beds
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Globe Townsite

MLS Listing ID 7071546

Bedrooms 6

Year Built 1950

Annual Tax Amount $997

Tax Year 2025

Lot Dimensions 56.53 X 179.65 X 30.42 X 183.94

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Unlock a rare income-producing opportunity in the heart of historic Globe, AZ! This meticulously maintained, Victorian-style 4-plex offers a savvy investor the perfect hybrid rental model. Whether you are looking to capitalize on high-demand short-term rentals or stable long-term income, this turnkey property delivers on all fronts. **The main building features three spacious, fully furnished units--one 2-bed/1-bath and two 1-bed/1-bath units. With all utilities included, these are primed for immediate Airbnb, corporate housing, or vacation rental conversion, allowing you to capture maximum nightly rates. For a stable, low-maintenance asset, the rear property features a private, 800 sq. ft. 2-bed/1-bath cottage with its own dedicated laundry room. This detached unit is separately metered, meaning the tenant pays their own utilities, effectively streamlining your management and boosting your bottom line. **Location is everything: Situated right next door to the famous "Nerdburgers" and steps from downtown, this property offers incredible accessibility to local employers, mining-related worksites, and vibrant small-town amenities. Tenants will love the proximity to Arizona's stunning outdoor recreation, hiking, and the Apache Gold Casino Resort, located just a short 12-15 minute drive away. **Unit #3 is currently vacant, and the owner-occupied unit (#2) will be delivered vacant at closing. Don't miss out on this ready-to-run business model!

Location

State AZ

County Gila

Community Globe Townsite

Area Gila

Zoning C-3

Direction Interstate 60 all the way until you get to Hill Street, Go left and destination will be on your left.

Interior

Heating Individual, Natural Gas

Cooling Other, Window/Wall Unit

Flooring Carpet

Appliance Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer, W/D Hookup

Exterior

Parking Features On Street

Community Features Other, See Remarks

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Copper Rim Elementary School

Middle Schools High Desert Middle School

High Schools Globe High School

School District Globe Unified District

Others

Senior Community No

Tax ID 208-03-108

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Disclosures None

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan


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Arizona Regional MLS (ARMLS)
Listed by Better Homes & Gardens Real Estate SJ Fowler • Laura A. Good

Nearby Locations

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Desert Dream Realty

Desert Dream Realty

+1(480) 252-8300

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