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    599 E Detroit Street

    Chandler, AZ 85225
    • $565,000
    • STATUS: Active Under Contract
    • ON SITE: 36 days
    • MLS #: 6185804
    Under Contract
    UPDATED: 52 min ago
    $565,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Description

    Great Opportunity to Own 4 Units near Thriving Downtown Chandler Arizona in the Booming Southeast Valley. Nice Unit Mix with Two detached Duplex's on a Huge 14,636 Sq.Ft. Corner Lot. Great Curb appeal with Lush landscaping and Classic Building Design Flow. Same Tenants for many years that are Month to Month with lots of Upside on Rents. Laundry Hookups, Some Covered Parking and outside privacy. See Document Tab for Flyer ,Proforma with Market Rents are a 5.88 Cap rate. Facts and Figures are approximate, Buyer to verify to their own satisfaction.

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    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Executive Realty Advisors | Keller Williams Realty Phoenix. Data last updated 2021-03-04T00:12:07.813.
    www.yournextphoenixhome.com/homes/113645023
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    599 E Detroit Street Chandler, AZ 85225

    • Price: $565,000
    • Status: Active Under Contract
    • Updated: 52 min ago
    • MLS #: 6185804
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1946
    Built
    Neighborhood:
    Greater Chandler Add Blk 7
    County:
    Maricopa
    Area:
    Chandler
    School District:
    080 - Chandler Unified District
    Property Description
    Great Opportunity to Own 4 Units near Thriving Downtown Chandler Arizona in the Booming Southeast Valley. Nice Unit Mix with Two detached Duplex's on a Huge 14,636 Sq.Ft. Corner Lot. Great Curb appeal with Lush landscaping and Classic Building Design Flow. Same Tenants for many years that are Month to Month with lots of Upside on Rents. Laundry Hookups, Some Covered Parking and outside privacy. See Document Tab for Flyer ,Proforma with Market Rents are a 5.88 Cap rate. Facts and Figures are approximate, Buyer to verify to their own satisfaction.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 2.00 Lot Size Dimensions 147 X 99 Parking >1 Space Per UnitCarport Roads Asphalt Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 475 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 744 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included W/D Hookup Cooling Electric RefrigeratdEvaporativeIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetConcreteVinyl/Composition Heating GasIndividual

    Property Features

    1 Bedroom Unit Avg Rent 550.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 700.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 30000.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1000.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 600.00 Annual Legal And Acctg 0.00 Annual Maint Exp 1000.00 Annual Mgmt Exp 0.00 Annual Ownr Asoc Fee 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 2880.00 Community Amenities Other (See Remarks) Cross Street Arizona Ave And Chandler Blvd Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 30000.00 Hoa YN No Net Operating Income 23340.00 New Financing 1031 ExchangeConventional Operating Exp 6660.00 Other Income 0.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Chandler Taxes 1180.00 Tenant Pays ElectricGas Totl Mnth Rntal Inc 0.00 UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water City Franchise Zoning Mf-1

    Listing courtesy of S.J. Fowler Real Estate, Inc..


    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Executive Realty Advisors | Keller Williams Realty Phoenix. Data last updated 2021-03-04T00:12:07.813.
     
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    Executive Realty Advisors | Keller Williams Realty Phoenix
    4862 E. Baseline Rd.
    Mesa AZ, 85206