488 E Detroit Street , Side

    Chandler, AZ 85225
    • $300,000
    • STATUS: Active
    • ON SITE: 85 days
    • MLS #: 5850889
    UPDATED: 37 min ago
    $300,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1936
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    ATTENTION ALL INVESTORS! What a great opportunity to own this Single Family Home PLUS Duplex on this .75 Acre lot in the heart of Chandler. Great cash flow opportunity for any investor. Fixer-upper! Excellent location! Zoned multi-family. Block workshop to the back of the property. The true value of this property is in the land. Situated on a huge 3/4 acre lot that would allow for more units to be added. There are few multi-family properties available in Chandler. Lots of infrastructure and development in area so this is an ideal buy & hold investment. Current tenants in all 3 homes on property enjoy living there and would like to stay.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-02-20T12:11:42.687.
    www.yosthomes.com/homes/89662772

    488 E Detroit Street , Side Chandler, AZ 85225

    • Price: $300,000
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 5850889
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1936
    Built
    Neighborhood:
    Greater Chandler Add Blk 7
    County:
    Maricopa
    Area:
    Chandler
    Elementary School:
    Galveston Elementary School
    Middle School:
    Willis Junior High School
    High School:
    Chandler High School
    School District:
    080 - Chandler Unified District
    Property Description
    ATTENTION ALL INVESTORS! What a great opportunity to own this Single Family Home PLUS Duplex on this .75 Acre lot in the heart of Chandler. Great cash flow opportunity for any investor. Fixer-upper! Excellent location! Zoned multi-family. Block workshop to the back of the property. The true value of this property is in the land. Situated on a huge 3/4 acre lot that would allow for more units to be added. There are few multi-family properties available in Chandler. Lots of infrastructure and development in area so this is an ideal buy & hold investment. Current tenants in all 3 homes on property enjoy living there and would like to stay.
    Exterior Features

    Construction Frame - Wood Construction Finish Painted Covered Parking Spaces 2.00 Exterior Amenities Fenced Lot Size Dimensions 110X297 Parking CarportRv/Boat Parking Roads Dirt/Gravel Roofing Comp Shingle Total Parking Spaces 2.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 600 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 1500 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Refrigerator Cooling Window/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Carpet Heating ElectricWindow/Wall Unit(S)Gas Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 500.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 500.00 2 Bedroom Units 1 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 850.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 850.00 Community Amenities No Pool Cross Street Chandler Blvd And Arizona Avenue Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 17000.00 New Financing Conventional Operating Exp 2435.00 Other Income 0.00 Other Type House + Rental Units Owner Pays WaterTrashSewer Project Type Tri-Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Chandler Taxes 735.00 Tenant Pays ElectricGas Totl Mnth Rntal Inc 1500.00 Vacancy Allowance 0.01 Water Irrigation Zoning Mf-1

    Listing courtesy of Homesmart.
    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-02-20T12:11:42.687.
     
    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122