318 N Washington Street, Chandler, AZ 85225

$650,000
List Price
$650,000
Status
ACTIVE
Price Change
▼ $45,000 1727200025
Days on Market
28
MLS#
6755600
City
Chandler
Year Built
1969

Property Description

Walking Distance to Thriving Downtown Chandler In Silk Stocking Historic Neighborhood, Many opportunities for this Updated Duplex on a 7,449 SF Lot Across AZ Ave from Historic Chandler High School and Chandler Center of the Arts. Currently Both Units are Vacant/ Airbnb and Ready For Market Rents, Owner/User With Income Or Add Addition On the Empty Back Part of the Lot. Both Units are 2 Bed 1 Bath/Tubs with Laundry, The back Unit has An Extra 450 sf Room with Its Own Outside Entry Door That Can Be Used for a Third Bedroom, Office Or Workshop with Air. Laminated Flooring in all living and Bedrooms with Tile in Kitchens and Baths. Security on All Doors and Keyless entry pads on Front Doors. All Facts and Figures are Approximate, Buyer to Verify to their own Satisfaction.

Additional Information

Taxes
$813
Net Operating Income
$40,222
Cap Rate
6.19
Units
2
Flooring
Other, Ceramic Tile
Parking Features
Add'l Parking Avail, >1 Space Per Unit, Street Parking
Construction
Painted, Block
Roofing
Composition
Cooling
Individual, Heat Pump, Electric
Heating
Individual, Natural Gas
Zoning
MF-1
Subdivision
Chandler
Community Features
See Remarks
Electric
SRP
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Gas, Electricity
New Financing
Conventional, 1031 Exchange, Owner May Carry
School District
Chandler Unified District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Better Homes & Gardens Real Estate SJ Fowler.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.