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Buy a multi-family propertyat 581 N Fresno Street, Chandler, AZ 85225

$775,000

$0/mo

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Multifamily

283 Days on market

6585990 MLS ID

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About 581 N Fresno Street multi-family property

Excellent Opportunity within minutes of Downtown Chandler. Lots of upside potential. All units currently rented. 3 are month to month. One unit is remodeled as of March of 2023. new tile floors through main areas of the other 3. All units are 2 bedroom 1 bath and include a covered patio and exterior storage room. Complex has covered parking and additional uncovered parking Excess flooring on site to complete the remaining areas. Drive By only at this time. Please do not disturb tenants.
Excellent Opportunity within minutes of Downtown Chandler. Lots of upside potential. All units currently rented. 3 are month to month. One unit is remodeled as of March of 2023. new tile floors through main areas of the other 3. All units are 2 bedroom 1 bath and include a covered patio and exterior storage room. Complex has covered parking and additional uncovered parking Excess flooring on site to complete the remaining areas. Drive By only at this time. Please do not disturb tenants.

Property details

Miscellaneous

Trash Collection

Landscaping

Sewer

Water

Electric

Gas

Listing

Source: Arizona Regional MLS

Bedrooms

4 two bedroom units

Two bedroom units: average rent: $826

Location

City/Town: Chandler

County: Maricopa

Building

Built in 1971

2 buildings

Marketing name: Chandler 4plex

4 units

Painted

Block

Four Plex

Exterior Features

Landscape Wtr System

Partially Fenced

Security Light(s)

Floors

Wood

Roof

Comp Shingle

Property

Property type: F

Zoning: MF-1

Expenses

Operating expense: $5,511

Annual electricity expense: $144

Annual water/sewer expense: $1,920

Income

Adjusted gross income: 38470.20

Total monthly rental income: 3305.00

Net operating income: 35796.00

Lot

Size: 133x120

Lot number: 7

Amenities

No Pool

Appliances & Equipment

F/S Oven/Range

W/D Hookup

Parking

12 parking spaces

6 uncovered parking spaces

6 covered parking spaces

>1 Space Per Unit

Carport

Street Parking

Cooling

Heat Pump

Individual

Heating

Natural Gas

Water Features

City Franchise

Master Meter

Utilities

APS

Individual Meter

SW Gas

Sewer - Public

Home Owner's Association

Homeowners' association: No

Schools

Elementary school: Frye Elementary School

Middle school: Willis Junior High School

High school: Chandler High School

Taxes

Taxes: 1647.00

Year: 2022

Municipality: Chandler

Monthly cost

Estimated monthly cost

$4,874/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$728,500

+$23,250

$751,750

Seller agent commission$23,250 (3%)*

$0 (0%)

Buyer agent commission$23,250 (3%)*

$23,250 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $23,250 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 6, 2024 at 12:37 p.m.

Data updated: Jul 29, 2023 at 5:02 a.m.

Courtesy of Infinity & Associates Real Estate
This content last updated on 07/29/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Listing Information © 2024 Arizona Regional Multiple Listing Service, Inc.

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