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Margie and Mike Ginnaty
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$1,700,000
For Sale
16 units | Multi Family Home
- MLS# 5830104
1/2
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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
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