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Sold on 02/01/2023
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721 E Monroe St, Globe, AZ 85501

  • $295,000

    Last sold 02/01/2023 after 50 Days

  • 14

    bed

  • 4

    bath

Multi-family not for sale
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About 721 E Monroe St

Property type Multi-family
Year built 1974
HOA fee $0/month
Property description
This wonderful apartment building in central Globe, AZ is fully tenanted. There are 5 units: 4 - 1 bedroom 1 bath and 1 - 2 bedroom 1 bath. Rents are currently below market value with unit 1 at $500, unit 2 at $500, unit 3 at $500, unit 4 $625, and unit 5 (the two bedroom) at $650. There is a coin operated washing machine and dryer. Professionally managed by Service First Realty! 100% occupied! **DO NOT DISTURB TENANTS; DRIVE-BY ONLY unless scheduled with Debbie Cox at Service First Realty*. All units are rented so please allow at least a week for a walkthrough to notify tenants. Please call or text me with any questions. Owner statement and maintenance history from 2020 to now is available.
Listed by
Listing Agent - Erin Rosenau
Listing Office - K & J Real Estate, LLC
Source: ARMLS mls logo
MLS#6498300 • last updated 1 year ago
Movoto checked ARMLS for data 33 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric
Heating Electric
MLS # 6498300
Type Multiple Dwellings
Status Closed
Property Tax 2262
Year Built 1974
Interior
Flooring Carpet, Vinyl
Appliances None
Exterior
Roof Composition
Construction Slump Block
Parking On Street
# of Covered Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision EAST GLOBE MAP UNIT 1
Community Features No Pool
APN 208-05-039-A
Zoning 04-02
Directions From The Valley - Take US60 E Towards Globe - Make A Right On East St Just After The High School - Make A Left On Monroe St - Apartments Are On The Left
Multifamily Details
Total # of Units 5
Expense: Operating 2262
Financial Data Source Owner
Net Operating Income 31000
Gross Income 33900
Gross Scheduled Income 33300
We are not permitted to show value estimates for this property.
  • Feb 2023
    mls logo MLS # 6498300
  • Feb 1, 2023 Sold
    —
  • Dec 31, 2022 Listed
    —
  • Dec 27, 2022 Sold
    $295,000 (-7.8%)
  • Dec 27, 2022 Pending
    —
  • Dec 13, 2022 Listed
    $320,000
  • 721 E Monroe St
    $295K
  • —
  • 85501
    $275K -16% y/y
  • Globe
    $275K -16% y/y
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Statistics calculated by Movoto

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2/10
Copper Rim Elementary School
public Grades PK, K-5
Globe Unified District
2/10
High Desert Middle School
public Grades 6-8
Globe Unified District
3/10
Globe High School
public Grades 9-12
Globe Unified District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Gila County
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