For more information on this property,
contact Michael Bohlman at 480-797-3800 or mbohlman@outlook.com
3
N
Naco Way,
Chandler,
Arizona
AZ
85225
Sold For: $968,500
Listing ID 6403509
Status Closed
Year Built 1979
Property Description:
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.
Primary Features
County:
Maricopa
Property Type:
Multiple Dwellings
Year Built:
1979
Zoning:
Multi
Interior
2 Bedroom Units # Baths:
4
2 Bedroom Units Avg SqFt:
850
Cooling:
Electric
Cooling:
yes
Heating:
Electric
Heating:
yes
Location
Community Features:
No Pool
Country:
US
Directions:
From N Arizona Ave/ East on Chandler Blvd/ Right onto McQueen Road/ Left toward Naco Way/ Right onto Naco Way/ Complex on LEFT
Elementary School:
Rudy G Bologna Elementary
Elementary School District:
Chandler Unified District
General Property Description Elementary School:
Rudy G Bologna Elementary
General Property Description Elementary School District2:
Chandler Unified District
General Property Description High School:
Perry High School
General Property Description High School District:
Chandler Unified District
General Property Description Jr High School:
Willis Junior High School
High School:
Perry High School
High School District:
Chandler Unified District
Middle Or Junior School:
Willis Junior High School
Postal City:
Chandler
Water Source:
City Franchise
External
Attached Garage:
no
Construction Materials:
Painted, Stucco, Frame - Wood
Electric:
SRP
General Property Description # of Buildings:
1
General Property Description Lot Size Dimensions:
8999
General Property Description Total # of Units:
4
General Property Description Uncvrd Parking Spcs:
6
Lot Size Dimensions:
8999
Number Of Buildings:
1
Number Of Units Total:
4
Open Parking Spaces:
6
Parking Features:
>1 Space Per Unit
Parking Total:
6
Road Surface Type:
Asphalt
Roof:
Composition
Sewer:
Public Sewer
Additional
Buyer Agency Compensation:
2.00
Mls Status:
Closed
Financial
2 Bedroom Units Avg Rent:
1565.5
Cap Rate:
5.38
Disclosures:
Other (See Remarks)
Gardener Expense:
500
Gross Income:
74392.56
Gross Scheduled Income:
75144
Listing Terms:
CTL, Conventional, FHA, VA Loan
Maintenance Expense:
1200
Net Operating Income:
64523.56
Operating Expense:
9275
Owner Pays:
See Remarks, Trash Collection, Water, Sewer, Landscaping
Professional Management Expense:
4000
Tax Annual Amount:
1475
Tax Book Number:
303.00
Tax Lot:
9
Tax Year:
2021
Tenant Pays:
Electricity, Water, Sewer, Cable TV
Trash Expense:
600
Water Sewer Expense:
1500
Zoning Info
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
