498 N ARIZONA Avenue

Chandler, AZ, 85225

$2,450,000

$2,450,000
Active
Active
 - For Sale
property_type
Multi-family
calendar
Built 1948
A stabilized 12 unit property with a diverse unit mix of 8 1bedroom/1bathroom units, 3 2bedroom/1bathroom units, and 1 3bedroom/2bathroom units. The property has seen extensive capital improvements in the last 30 days, including new sewer lines, new exterior stucco and paint, a freshly renovated courtyard, new windows on all units, a redone parking lot, and two units fully renovated. The remaining tenants are on Month to Month leases or have leases that will be expiring soon. Opportunity to raise rents immediately or continue interior unit renovations to achieve highest market rents in desirable submarket of Chandler.
MLS® ID:
6463975
Updated:
9/27/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Interior Features
Fire/Smoke Alarm(s), Unfurnished
Cooling
Ceiling Fan(s), Electric, Individual
Heating
Electric

Exterior/Building Features

Roof
Rolled
Sewer
Sewer - Public

School Information

High School
080 - Chandler Unified District
Elementary School
080 - Chandler Unified District

Other Property Details

Taxes
$3856
Tax Frequency
per YEAR
Garage
No
Parking
1 Space Per Unit, Street Parking
Parking Total
16.0
View
N
County
Maricopa
Water Source
City Franchise
Pool
No
Zoning
C-3

 

Courtesy of Orion Investment Real Estate

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Denise Hurd shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 5:22 PM UTC, 9/27/22.

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