Wire arc additive manufacturing (WAAM) with high deposition rates has attracted industry interest for the demonstrated economic production of medium-to-large-scale metallic components. The structural integrity and mechanical properties of the built parts depend on the selection of the optimum deposition parameters and the tool path strategy. In this study, an alternate orthogonal deposition strategy was employed. The influence of the beads’ geometry and the associated heat input on the mechanical and structural behavior of mild steel (ER70S-6) were investigated. The influence of the bead width (BW) and the overlapping percentage (OP) between the adjacent beads on the average and layer-by-layer hardness of the blocks along the building direction were evaluated. Tensile strength was also characterized. The alternate orthogonal building strategy enhanced the geometrical uniformity of the built blocks and the microstructural isotropy along the building direction. Increasing the BW increased the total heat input per bead per layer, which significantly reduced the hardness and tensile strength of the built blocks by 19% and 17% compared to 8% and 7% when increasing the OP, respectively. Total heat input, number of heating cycles, and cooling rates triggered the phases formed, and their morphologies along the building direction were also characterized.