Estimated payment $4,976/month
About This Home
Fully Occupied Don't miss this rare investment in Globe, AZ! This meticulously maintained Victorian multi-unit property at 434 S Hill St features four fully occupied units, providing immediate cash flow. Each unit is designed for comfort and space, ensuring strong demand in this rental market while showcasing timeless Victorian charm with intricate woodwork and high ceilings. Ideally located, residents enjoy easy access to local dining, shopping, and outdoor recreation in a stunning mountain landscape perfect for hiking and biking. The highly anticipated Oak Flat Mine opening in January 2026 will boost rental demand, making this a prime opportunity to own a piece of history and secure a stable income stream in a vibrant community! Inquire within for OFFERING MEMORANDUM. Seller May Carry.
Listing Agent
Better Homes & Gardens Real Estate SJ Fowler License #SA639563000 Listed on: 06/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $997
Year Built
- Built in 1950
Home Design
- Wood Frame Construction
- Composition Roof
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Over 1 Space Per Unit
- On-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Individual Controls for Heating
Listing and Financial Details
- Legal Lot and Block 7 / 79
- Assessor Parcel Number 208-03-108
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 56.53 X 179.65 X 30.42 X 183.94
- Globe Townsite Subdivision
Building Details
- Operating Expense $8,245
- Gross Income $62,100
- Net Operating Income $53,856
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $977 | -- | -- | -- |
| 2024 | $977 | $18,863 | $894 | $17,969 |
| 2023 | $977 | $20,317 | $1,102 | $19,215 |
| 2022 | $958 | $12,907 | $1,102 | $11,805 |
| 2021 | $1,016 | $8,605 | $735 | $7,870 |
| 2020 | $950 | $0 | $0 | $0 |
| 2019 | $937 | $0 | $0 | $0 |
| 2018 | $1,028 | $0 | $0 | $0 |
| 2017 | $1,000 | $0 | $0 | $0 |
| 2016 | $893 | $0 | $0 | $0 |
| 2015 | $829 | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2025 06/01/25 | For Sale | $875,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $60,000 | Pioneer Title Agency Inc | |
| Warranty Deed | $95,200 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $70,000 | New Conventional | |
| Closed | $52,500 | Seller Take Back |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6874179
APN: 208-03-108
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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