449 W Ray Road, Chandler, AZ 85225
- $965,000
- 8
- BD
- 6
- BA
- Sold Price
- $965,000
- List Price
- $999,000
- Status
- CLOSED
- Closing Date
- May 20, 2026
- Days on Market
- 66
- MLS#
- 6999187
- City
- Chandler
- Bedrooms
- 8
- Bathrooms
- 6
- Year Built
- 1979
Property Description
This is actually two triplexes. Communal laundry room that brings in about $3000 yearly additional income. Vacancy rates are very low in these well managed properties. Owner managed.
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Additional Information
- Taxes
- $1,705
- Net Operating Income
- $43,205
- Cap Rate
- 4.32
- Units
- 6
- Parking Features
- >1 Space Per Unit
- Construction
- Block, Painted
- Roofing
- Composition
- Cooling
- Heat Pump
- Heating
- Heat Pump
- Zoning
- MF 2
- Community Features
- No Pool
- Electric
- APS
- Water
- City Franchise
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Cable TV
- New Financing
- Conventional, 1031 Exchange, No Carry, Cash
- Elementary School
- Hartford Sylvia Encinas Elementary
- Middle School
- John M Andersen Jr High School
- High School
- Chandler High School
Courtesy of Coldwell Banker Realty. 480-834-9131 Selling Office: Compass.
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