Listing ID6419068
Sold For$440,000
StatusClosed
Sold Date10/14/2022
CountyMaricopa
SubdivisionLUNDQUIST MANOR
Year Built1960
Property TypeMultiple Dwellings
Downtown Chandler duplex available for sell! Recently upgraded and rented out provides low maintenance costs and immediate cash flow. This property includes a 2 bedroom 1 bathroom unit and a 1 bedroom 1 bathroom unit on the other side. Both units have their own private backyards with washer and dryer hookups. Both units offer modern touches with fresh painted cabinets, countertops, stainless steel appliances, tile bathrooms and much more. Located minutes from downtown Chandler.
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
LUNDQUIST MANOR
Year Built
1960
1 Bedroom Units # Baths
1
1 Bedroom Units Avg SqFt
525
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
625
Cooling
Electric
Cooling
yes
Heating
Natural Gas
Heating
yes
Community Features
No Pool
Country
US
Elementary School District
Chandler Unified District
General Property Description Elementary School District2
Chandler Unified District
General Property Description High School District
Chandler Unified District
High School District
Chandler Unified District
Postal City
Chandler
Township
1S
Water Source
City Franchise
Attached Garage
no
Construction Materials
Siding, Painted, Block
Covered Spaces
2
Electric
City Electric
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
8100 square ft
General Property Description Total # of Units
2
General Property Description Uncvrd Parking Spcs
4
Lot Size Dimensions
8100 square ft
Number Of Buildings
1
Number Of Units Total
2
Open Parking Spaces
4
Parking Features
Free, >1 Space Per Unit
Parking Free
1
Parking Total
6
Road Surface Type
Asphalt
Roof
Composition
Sewer
Public Sewer
Buyer Agency Compensation
2.50
Mls Status
Closed
Public Survey Range
5E
Public Survey Section
27
Cap Rate
6.03
Disclosures
Seller Prop Disc Stm
Gross Income
33600
Gross Scheduled Income
33600
Insurance Expense
650
Listing Terms
Conventional, FHA
Net Operating Income
29528
Operating Expense
4072
Owner Pays
Trash Collection, Water, Sewer
Professional Management Expense
1800
Tax Annual Amount
722
Tax Block
7
Tax Book Number
302.00
Tax Lot
5
Tax Year
2021
Tenant Pays
Gas, Electricity, Cable TV
Water Sewer Expense
900
Contact - Listing ID 6419068
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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