Investment Opportunity! Turnkey 4-plex generating strong rental income in a highly desirable Mesa location. This fully occupied multifamily property features four 2-bedroom, 1-bath units, each approximately 867 square feet. Current rents provide immediate cash flow with additional upside potential through future rent growth and value-add improvements. Two units have been updated, while the remaining units offer opportunities to increase returns. Property features individually metered units, granite countertops in select units, and a newer A/C unit. Conveniently located near shopping, dining, schools, and major freeways, this asset is ideal for investors seeking stable income and long-term appreciation. Add this cash-flowing property to your portfolio today!
Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.
You need to cover the seller's equity of $136,432. If you don't have that in cash, we can help structure secondary financing to cover the gap.
No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.
Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.
Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.
P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.
Asking price minus remaining loan balance. Closing costs are additional.
The equity gap is covered. Closing costs and assumption fees still need to be confirmed.