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434 S Hill St, Globe, AZ 85501

$449,000
  • 6

    bed

  • 4

    bath

Multi-family for sale 57 days

About 434 S Hill St

Property type Multi-family
Year built 1950
HOA fee $0/month
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!
Listed by
Listing Agent - Laura A. Good
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#7071546 • last updated 1 month ago
Movoto checked ARMLS for data 10 minutes ago
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Overview
Cooling/AC Other, Window/Wall Unit
Heating Varies By Unit, Natural Gas
MLS # 7071546
Type Multiple Dwellings
Status Active
Property Tax 997
Year Built 1950
Interior
Total # of Bathrooms 6
Total # of Bedrooms 6
Flooring Tile, Carpet
Appliances Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer, W/D Hookup
Exterior
Roof Composition
Construction Wood Siding, Wood Frame, Painted
Parking On Street
# of Open Parking Spaces 6
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision GLOBE TOWNSITE
Community Features Other, See Remarks
Elementary School Copper Rim Elementary School
Elementary School District Globe Unified District
Middle School High Desert Middle School
High School District Globe Unified District
High School Globe High School
APN 208-03-108
Zoning C-3
Directions Interstate 60 All The Way Until You Get To Hill Street, Go Left And Destination Will Be On Your Left.
Multifamily Details
Total # of Units 4
Expense: Operating 8245
Financial Data Source Owner
Expense: Insurance 2244
Net Operating Income 27756
Gross Income 36000
Expense: Electric 3600
Expense: Water/Sewer 1404
Gross Scheduled Income 36000
Lot/ Land Details
Road Surface Asphalt
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Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

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50/100
Walk
79/100
Family
19/100
Dining
66/100
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