Listing ID6403509
Price$995,000
StatusPending
CountyMaricopa
Year Built1979
Property TypeMultifamily Residential
Property Sub TypeFour Plex
NEWLY RENOVATED!! Everything is BRAND NEW! BEAUTIFUL 2 Bedroom/ 1 Bathroom 4 plex at Chandler/McQueen in Chandler, AZ! All 4 apartments have NEW laminate flooring, new ceiling fans, new kitchen and bathroom cabinets, new appliances, new track lighting in the kitchen, fresh paint all over, new roof, and new dual pane windows. Kitchens have all NEW stainless appliances, including a refrigerator, stove, built-in microwave, and dishwasher! Washer/Dryer hook-ups are off of the kitchen hidden away in a laundry closet! Tenants all pay 1/4 share of water/sewer/trash bill. No HOA dues. Drive by only--DO NOT DISTURB TENANTS.
County
Maricopa
Property Sub Type
Four Plex
Property Type
Multifamily Residential
Year Built
1979
Zoning
Multi
2 Bedroom Units
4
2 Bedroom Units: Average SqFt
850
2 Bedroom Units: Number of Baths
4
Appliances Included
BI Oven/Range, Refrigerator
Cooling
Electric
Floors
Vinyl
Heating
Electric
Interior Amenities
Fire/Smoke Alarm(s), Unfurnished
Total Units
4
Construction
Frame - Wood
Exterior Finish
Painted, Stucco
Lot Size Dimensions
8999
Parking
>1 Space Per Unit
Roads/Streets
Asphalt
Roofing
Comp Shingle
Total Parking Spaces
6
Country
USA
Cross Street
E CHANDLER BLVD/ S MCQUEEN RD
Elementary School
Rudy G Bologna Elementary
High School
Perry High School
High School District Number
080 - Chandler Unified District
Jr. High School
Willis Junior High School
Lot Number
9
Map Code/Grid
T39
School District
080 - Chandler Unified District
Community Amenities
No Pool
Electric
SRP
Entry Timestamp
2022-05-20T16:11:25+00:00
Gas
None
Marketing Name
FULLY REMODELED 4-PLEX
Owner Association
No
Sewer
Sewer - Public
Vacancy Allowance
0.01
Water
City Franchise
2 Bedroom Units: Average Rent
1565.5
Adjusted Gross Income
74392.56
Annual Landscape Expense
500
Annual Maintenance Expense
1200
Annual Management Expense
4000
Annual Trash Expense
600
Annual Water/Sewer Expense
1500
Contingency Type
No
Financial Data Source
Provided by Owner
Gross Annual Scheduled Income
75144
Net Operating Income
64523.56
New Financing
Conventional, CTL, FHA, VA
Operating Expense
9275
Owner Pays
Landscaping, See Remarks, Sewer, Trash Collection, Water
Sale Includes
Building(s) Only
Tax Municipality
Chandler
Taxes
1475
Tenant Pays
Cable TV, Electric, Sewer, Water
Contact - Listing ID 6403509
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
