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Michael R. Ginnaty

Margie and Mike Ginnaty
agents for DPR Realty
Mesa / Scottsdale, AZ

602-573-9000
Contact Us

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Listing 11 out of 622
$1,700,000 For Sale

350 Detroit Street
Chandler, AZ 85225

16 units | Multi Family Home - MLS# 5830104
Property Photo
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Description

Rare opportunity to purchase four well maintained one story fourplexes in an excellent rental area less than one mile from downtown Chandler. All of the units have long time tenants. Purchase can be split with eight units on Commonwealth offered at $800,000 or eight units on Detroit/Nevada offered at $900,000.Buyer must drive the properties before an offer will be considered. The Seller is firm on the price, not subject to Appraisal or financing and wants to sell ''As Is''. 1031 Exchanges are welcome. Drive by only, please do not disturb the tenants. Residential financing may be available

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Maricopa County
  • Zip Code: 85225
  • Year Built: 1987
  • Subdivision/Neighborhood: Greater Chandler Add Blk 7
  • School District: 080 - Chandler Unified District
  • Units: 16 units
  • # of Parking Spaces: 32
  • Zoning: MH-1
  • 1 Bedroom Units: # 1 Bedroom Units: 1
  • 1 Bedroom Units: # Baths: 1
  • 1 Bedroom Units: Avg Rent: 640.00
  • 1 Bedroom Units: Avg SqFt: 720
  • 2 Bedroom Units: # 2 Bedroom Units: 15
  • 2 Bedroom Units: # Baths: 1
  • 2 Bedroom Units: Avg Rent: 757.00
  • 2 Bedroom Units: Avg SqFt: 755
  • Appliances Included: F/S Oven/Range, W/D Hookup, Disposal
  • Complex Features: No Pool
  • Const - Finish: Painted
  • Construction: Frame - Wood
  • Cooling: Individual, Heat Pump
  • Covered Parking Spcs: 8.00
  • Electric: APS
  • Exterior Features: Partially Fenced
  • Floors: Carpet, Ceramic Tile
  • Heating: Electric
  • High School Dist #: 080 - Chandler Unified District
  • Interior Features: Fire/Smoke Alarm(S)
  • Lot Dimensions: irr
  • Marketing Name: 16 Units In Chandler
  • Net Income: 86685.00
  • Owner Pays: Water, Trash, Sewer
  • Parking: Carport, >1 Space Per Unit, Street Parking
  • Property Description: Four Plex, 13 - 24 Units
  • Roads/Streets: Asphalt/Blacktop
  • Roofing: Comp Shingle
  • Sale Includes: Land & Building
  • Sewer: Sewer - Public
  • Tenant Pays: Electric, Cable TV
  • Water: City Franchise
Courtesy of Kasten Long Commercial Group
 

Margie and Mike Ginnaty | 602-573-9000 | Contact Us 

3850 E. Baseline Rd. #120, Mesa, AZ 85206 - Branch Office
14811 N. Kierland Blvd #700, Scottsdale, AZ 85254 - Corporate Office    
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