Share This Listing

Message

924 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the agents for more information about this property

Charming Victorian Multi-Unit Property 434 S Hill St 4 Unit Apartment Building £518,651 (£129,663/Unit) 7.76% Net Initial Yield Globe, AZ 85501

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Charming Victorian Style Multi-Unit in Globe, AZ
  • Prime Community Location
  • 3-Fully Furnished Apartments
  • Fully Occupied & Cash Flowing
  • Short-Term Rentals & Long-Term Rentals
  • New Roof - 2023 - Front House and Back House. No leaks.

EXECUTIVE SUMMARY

**SELLER MAY CARRY WITH A SUBSTANTIAL DOWN PAYMENT**
Unlock Your Next Investment Gem: Charming Victorian Multi-Unit Property in Globe, AZ!
Fully Occupied & Cash Flowing!
Location: 434 S Hill St, Globe, Arizona
New Roof on both the Front House and the Back House - 2023.
Dive into an exceptional investment opportunity with this beautifully preserved Victorian multi-unit property. With all four units occupied, you can start generating immediate cash flow—ideal for savvy investors looking to expand their portfolio!
---
Why This Property Stands Out:
- Fully Occupied & In-Demand: Each unit has been thoughtfully designed, exuding warmth and character while offering spacious living areas tailored for comfort. With a strong demand for rentals in Globe, your investment is positioned for success from day one!

- Timeless Victorian Elegance: Experience classic architectural details that transport you back in time. From intricate woodwork to soaring high ceilings, these units boast a charm that will captivate residents and enhance their living experience.
- Prime Community Location: Nestled in the picturesque town of Globe, residents benefit from abundant local dining, shopping, and entertainment options. This vibrant community is not just a place to live—it’s a lifestyle.
---
Embrace Nature’s Playground!
Surrounded by stunning mountain ranges, outdoor enthusiasts will thrive! Enjoy hiking, mountain biking, and exploring a wealth of historical sites, transforming every weekend into an adventure.
Family-Friendly Convenience
With nearby schools, parks, and essential services, this property attracts families and working professionals alike, ensuring a diverse and stable tenant base.
Future-Ready Investment
With the highly anticipated Oak Flat Mine set to open in January 2026, the demand for rental units like yours is projected to soar. Secure your foothold in this blossoming area now, and watch your investment thrive!
---
Flexible Leasing Options
- Three of the available units are fully furnished and include all utilities, ensuring a hassle-free experience for tenants.
- Competitive month-to-month lease agreements at $1500 & $1,700, with attractive discounts for long-term tenants, make this an unbeatable offer.
Don’t Miss This Opportunity!
Seize the chance to own a piece of history and secure a stable income stream in the vibrant community of Globe, AZ. Your pathway to success begins here!

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER sq ft
Gross Rental Income £70,185 £25.77
Other Income - -
Vacancy Loss - -
Effective Gross Income £70,185 £25.77
Taxes - -
Operating Expenses - -
Total Expenses £6,103 £2.24
Net Operating Income £64,082 £23.52

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual £70,185
Annual Per sq ft £25.77
Other Income
Annual -
Annual Per sq ft -
Vacancy Loss
Annual -
Annual Per sq ft -
Effective Gross Income
Annual £70,185
Annual Per sq ft £25.77
Taxes
Annual -
Annual Per sq ft -
Operating Expenses
Annual -
Annual Per sq ft -
Total Expenses
Annual £6,103
Annual Per sq ft £2.24
Net Operating Income
Annual £64,082
Annual Per sq ft £23.52

PROPERTY FACTS

Price £518,651
Price Per Unit £129,663
Sale Type Investment
Yield 7.76%
No. Units 4
Property Type Build-to-Rent
Property Subtype
Apartment
  • Build-to-Rent Manufactured Housing Mobile Home Park
  • BTR - Shared Accommodation
Costar Property Class C
Total Plot Size 0.18 ac
Property Size 2,724 sq ft
Average Occupancy 100%
No. Floors 2
Year Built 1950
Opportunity Zone Yes
Use Class Rental Residential - (0310) Mixed Complex & (04-02) Rental Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Microwave
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Wooden Floors
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Carpet
  • Yard
  • Built-In Bookshelves
  • Coffee System
  • Dining Room
  • Family Room
  • Linen Cupboard
  • Patio
  • Porch
  • Window Coverings

SITE AMENITIES

  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT PCM sq ft
2+1 1 - -
  • Listing ID: 36070335

  • Date on Market: 01/06/2025

  • Last Updated:

  • Address: 434 S Hill St, Globe, AZ 85501

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}