$420,000
$435,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/24/2021
Key Details
Sold Price $420,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Lot 8 Greater Chandler
MLS Listing ID 6188591
Sold Date 03/24/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1946
Annual Tax Amount $776
Tax Year 2020
Lot Dimensions 110X297
Property Description
HOME WAS REMODELED IN ABOUT 2005, HAS 3 BEDROOMS, 2 BATHS, WALK-IN CLOSETS IN ALL BEDROOMS, CEILING FANS T/O, KITCHEN HAS SMOOTH TOP RANGEM MICROWAVE, INSIDE LAUNDRY, DUAL PANE WINDOWS. MOBILE HOMES ARE OWNED BY THE TENANTS, ALL ARE VERY LONG TERM. HOME IS RENTED AT ABOUT $1000/MO. ON SECTION 8 HOUSING, RENT IS BELIEVED TO BE BELOW MARKET, WHICH AFFECTS CAP RATE---DO NOT DISTURB. NORMAL FINANCING APPEARS TO BE AN ISSUE DUE TO DUAL ZONING, HAVE BEEN TOLD THIS PROJECT WOULD BE NON-CONFORMING, SELLER WANTS CASH SALE. POSSIBLY BUYER COULD LOOK INTO COMMERCIAL FINANCING
Location
State AZ
County Maricopa
Community Lot 8 Greater Chandler
Zoning MH1
Direction GO EAST ON CHANDLER BLVD , TURN LEFT ON EXETER, TO DETROIT
Interior
Heating Natural Gas
Cooling Electric, Ceiling Fan(s)
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, WD Hookup, Microwave
Exterior
Garage Free
Community Features No Pool
Waterfront No
Roof Type Composition
Total Parking Spaces 10
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise, Master Meter
New Construction No
Schools
Elementary Schools Galveston Elementary School
Middle Schools Willis Junior High School
High Schools Chandler High School
School District Chandler Unified District
Others
Senior Community No
Tax ID 302-63-009
Financing Cash
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