This Chandler duplex is the ultimate CASH COW (nearly 8% CAP rate)! Located in downtown Chandler this property never has vacancies. ADDITIONAL INCOME opportunity with HUGE lot that can be used to park trailers, boats or additional vehicles. Main unit is approx 1265 SF with 4 beds & 1.5… Read More baths. Second unit is approx 365 SF with 1 bed & 1 bath. Each unit has its own fenced private yard. Both AC units are approx 4-5 years old. Roof is approx 3-4 years old. Property also has dual pane windows. It does need repairing/updating consistent with a rental property with long term tenants but this duplex will make you some serious money & is in amazing location. Pro forma rents are likely lower than what it could receive. Both tenants are month to month & would love to stay with no required repairs Read Less
Courtesy of RE/MAX Solutions 480-610-6500
Listing Snapshot
Days Online
4
Last Updated
Property Type
Multiple Dwellings
Year Built
1936
MLS Number
6840758
Additional Details
Appliances & Equipment
"Dishwasher", "Refrigerator", "Free-Standing Electric Oven", "Washer/Dryer"
Building
Built in 1936, Construction materials: "Wood Frame", "Stucco", 2 total units
Cooling
"Ceiling Fan(s)", "Electric", "Heat Pump"
Expenses
Insurance: $647, Water sewer: $1,455
Floors
"Wood"
Heating
"Heat Pump", "Electric"
Parking
"Free", "RV/Access Parking", ">1 Space Per Unit", 10 total parkings
Property
Zoning: MF-1
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $775, Lot: 12
Utilities
"SRP", "Individual Meter"
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