581 N FRESNO Street, Chandler, AZ 85225

$785,000
Property Type: Multiple Dwellings Bedrooms: 8 Baths: 16 Status: Closed
Current Price: $785,000 Last Modified: 11/14/2023

Overview

Description

Excellent Opportunity within minutes of Downtown Chandler. Lots of upside potential. All units currently rented. 3 are month to month. One unit is remodeled as of March of 2023. new tile floors through main areas of the other 3. All units are 2 bedroom 1 bath and include a covered patio and exterior storage room. Complex has covered parking and additional uncovered parking Excess flooring on site to complete the remaining areas. Drive By only at this time. Please do not disturb tenants.

Listing Details MLS# 6585990

Location, Tax & Legal

House Number
581
Compass
N
Street Name
FRESNO
St Suffix
Street
City/Town Code
Chandler
State/Province
AZ
Zip Code
85225
Zip4
5001
Country
US
County Code
Maricopa
Assessor Number
302-65-008-A
Tax Year
2022

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
133x120
Year Built
1971
Uncvrd Parking Spcs
6
Total # of Units
4
# of Buildings
2
Zoning
MF-1
Elementary School District
Chandler Unified District
High School District
Chandler Unified District
Elementary School
Frye Elementary School
Jr. High School
Willis Junior High School
High School
Chandler High School

Remarks Misc

Cross Street
Arizona Ave and Galveston
Directions
East on Galveston to SE corner of Fresno and Galveston

Status Change Info

Off Market Date
2023-09-08
Under Contract Date
2023-08-08
Close of Escrow Date
2023-09-08

Legal Info

Lot Number
7

More Information

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
826.25
Avg SqFt
935
# Baths
4

Structure

Bedrooms Total
8
Bathrooms Total
16

Income Expenses

Gross Annual Sch Inc
39660
Net Operating Income
35796

Contact Info

List Agent Home Phn
480-710-3031

Sold Info

Loan Type
FHA
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
%
Seller Concession to Buyer
9000
Seller Concession $/%
$

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Wood Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Partially Fenced; Security Light(s) Appliances Included: Free-Standing Range; W/D Hookup Heating: Natural Gas Cooling: Heat Pump; Individual Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas Parking Features: Carport; On Street; >1 Space Per Unit Road Access Type: Alley Road Surface Type: Gravel; Dirt; Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas Source of Fincl Data: Owner; Projected Proforma Showing Notification Methods: Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Non Assumable New Financing: Conventional Environmental: None
IDX
Listing Office: Keller Williams Integrity First Realty
Office Phone: 480-854-2400
Office Email: jimkellander@kw.com
Last Updated: November - 14 - 2023
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