434 S Hill StreetGlobe, AZ 85501

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!

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1950

Lot dimensions

56.53 X 179.65 X 30.42 X 183.94

Parking spaces

6

Zoning

C-3

Days on market

48

Listing #

7071546

Property Features

Appliances

Refrigerator · Microwave · Washer/Dryer · Built-In Electric Oven

Cooling

Other

Heating

Natural Gas · Varies by Unit

Flooring

Tile · Carpet

Parking

On Street

Construction

Wood Siding

Roof

Composition

Community

Other

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Copper Rim Elementary School

Middle

High Desert Middle School

High

Globe High School

Financial Details

Annual taxes

$997Tax year 2025

Parcel number

208-03-108

Directions

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