Address
436 S Colorado Street Chandler, AZ
Price
$ 499,900
Property Attributes
  • MLS#6310240
  • TypeBackup
  • CountyMARICOPA
  • CityChandler
  • NeighborhoodDobson Add
  • Zip85225
  • Style
  • Year Built1965
  • Taxes$ 1431
  • Price$ 499,900
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2085
Listing Provided Courtesy Of:
RE/MAX Solutions
Data Source:
Arizona Regional MLS (ARMLSN) - 22 - AZ
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.

Elementary School Middle School High School
Frye Elementary School Willis Junior High School Chandler High School
Price History
10/21/2021 Listed $499,900

General Features

1 Bedroom Units: Avg Rent 540.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 650.00
3 Bedrooms Units: Avg Sqft 1253
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Frame - Wood, Other (See Remarks)
Cooling Electric
Electric SRP
Elementary School Frye Elementary School
Exterior Features Fenced
Features No Pool
Gas Y/N SW Gas
Heating Natural Gas
High School Chandler High School
Map Code/Grid T39
Middle School Willis Junior High School
Net Income 18129.00
New Financing 1031 Exchange, Conventional
Owner Pays None
Parking Carport
Property Type F
Public Remarks Excellent multi family opportunity in the heart of Downtown Chandler. Main house is a 1253 sqft single family home with 3 bedrooms
Roof Comp Shingle
School District 080 - Chandler Unified District
Sewer Sewer - Public
Status Active
Subdivision DOBSON ADD
Tenant Pays Cable TV, Electric, Gas, Landscaping, Sewer, Trash, Water
Water City Franchise
Year Built 1965
Zoning MF-2

Interior Features

1 Bedroom Units: # 1 Bedroom Units 2
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 416
3 Bedrooms Units: # 3 Bedroom Units 1
3 Bedrooms Units: # Baths 1
Appliances Included BI Oven/Range
Floors Carpet, Ceramic Tile
Total Number of Units 3.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 2.00
Lot Size Dimensions 50 x 150
Total Parking Spcs 8.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Backup Average in 85225

Price
AVG $460K
$500K
Taxes
AVG $1,454
$1,431
Visits
AVG 63
13
Year Built
AVG 1988
1965

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