434 S Hill Street, Globe, AZ 85501
- $449,000
- 6
- BD
- 6
- BA
- List Price
- $449,000
- Days on Market
- 16
- Status
- ACTIVE
- MLS#
- 7071546
- City
- Globe
- Bedrooms
- 6
- Bathrooms
- 6
- Subdivision
- Globe Townsite
- Year Built
- 1950
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!
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Additional Information
- Elementary School
- Copper Rim Elementary School
- High School
- Globe High School
- Middle School
- High Desert Middle School
- Community Features
- Other, See Remarks
- Construction
- Wood Frame, Painted, Wood Siding
- Cooling
- Other, Window/Wall Unit
- Electric
- Individual Meter, Master Meter
- Heating
- Natural Gas, Varies by Unit
- New Financing
- VA Loan, FHA, Conventional, 1031 Exchange, Cash
- Parking Features
- On Street
- Roofing
- Composition
- Subdivision
- Globe Townsite
- Taxes
- $997
- Tax Year
- 2025
- Tenant Pays
- See Remarks
- Units
- 4
- Water
- City Franchise
- Zoning
- C-3
Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536
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