$780,000
$725,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/11/2022
Key Details
Sold Price $780,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Olsen Addition
MLS Listing ID 6347212
Sold Date 03/11/22
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1971
Annual Tax Amount $1,428
Tax Year 2021
Lot Dimensions .18 acre
Property Description
Updated 4-plex in the heart of Chandler! No HOA. VALUE ADD! Below market rents that could be increased. All 2 bed, 1 bath. Fully rented with all documentation. Less than a mile from Chandler Downtown Historically District. 1 Story complex.
Fresh paint inside and out, virtually everything inside has been updated within the last 3-4 years. New kitchens, all 4 AC units, flooring, electrical and plumbing fixtures including valves, bathroom vanities, low maintenance landscaping, etc etc. This is turn key with tenants that have been there for years.
So great VALUE-ADD by increasing to market rents.
Exterior was redone with a private common area. Very clean and pride of ownership.
Location
State AZ
County Maricopa
Community Olsen Addition
Zoning MF-2
Direction West on Ray, North on California
Interior
Heating Electric
Cooling Central A/C, Electric
Appliance FS OvenRange, Refrigerator
Exterior
Community Features Play Area, No Pool
Roof Type Rolled/Hot Mop
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Knox Gifted Academy
Middle Schools John M Andersen Jr High School
High Schools Chandler High School
School District Chandler Unified District
Others
Senior Community No
Tax ID 302-73-033
Acceptable Financing CTL, Conventional, FHA
Listing Terms CTL, Conventional, FHA
Financing Conventional
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