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436 S COLORADO Street Chandler, AZ 85225
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Key Details
Sold Price $510,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Dobson Add
MLS Listing ID 6310240
Sold Date 11/24/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1965
Annual Tax Amount $1,431
Tax Year 2021
Lot Dimensions 50 x 150
Property Description
Excellent multi family opportunity in the heart of Downtown Chandler. Main house is a 1253 sqft single family home with 3 bedrooms, 2 bathrooms plus a carport. There is a detached du-plex behind the main house, both 1 bedroom 1 bathroom units. 100% occupied with long term tenants but on month to month leases. The tenants are paying significantly less than fair market rent creating a fantastic value add opportunity. Don't miss this opportunity to own an income producing property on a good size lot, zoned multi family, in one of the most desirable Cities and top rated school districts.
Location
State AZ
County Maricopa
Community Dobson Add
Zoning MF-2
Direction North on Arizona Avenue, East on Elgin, South on Colorado.
Interior
Heating Natural Gas
Cooling Electric
Appliance BI OvenRange
Exterior
Parking Features Common
Community Features No Pool
Roof Type Composition
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Frye Elementary School
Middle Schools Willis Junior High School
High Schools Chandler High School
School District Chandler Unified District
Others
Senior Community No
Tax ID 303-18-058
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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Bought with DPR Realty LLC
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