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Charming Victorian Multi-Unit Property 434 S Hill St 4 Unit Apartment Building $964,117 CAD ($241,029 CAD/Unit) 7.76% Cap Rate Globe, AZ 85501

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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!
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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.
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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!
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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 (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $130,569 $47.93
Other Income - -
Vacancy Loss - -
Effective Gross Income $130,569 $47.93
Taxes - -
Operating Expenses - -
Total Expenses $11,355 $4.17
Net Operating Income $119,214 $43.76

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $130,569
Annual Per SF $47.93
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $130,569
Annual Per SF $47.93
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $11,355
Annual Per SF $4.17
Net Operating Income (CAD)
Annual $119,214
Annual Per SF $43.76

PROPERTY FACTS

Price $964,117 CAD
Price Per Unit $241,029 CAD
Sale Type Investment
Cap Rate 7.76%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Building Class C
Lot Size 0.18 AC
Building Size 2,724 SF
Average Occupancy 100%
No. Stories 2
Year Built 1950
Opportunity Zone Yes
Zoning 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
  • Hardwood Floors
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Carpet
  • Yard
  • Built-In Bookshelves
  • Coffee System
  • Dining Room
  • Family Room
  • Linen Closet
  • Patio
  • Porch
  • Window Coverings

SITE AMENITIES

  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1 - -
  • Listing ID: 36070335

  • Date on Market: 2025-06-01

  • Last Updated:

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

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