$1,700,000 350 E Detroit Street Chandler, AZ

MLS: 5830104   Type: Multi-Family   County: Maricopa   City: Chandler   Neighborhood: Greater Chandler Add Blk 7   Zip: 85225     Taxes: $5,351

Mortgage $7,981 /mo



Half Baths

Sqr Footage

Lot Size








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

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Price History

10/6/2018 Listed $1,700,000

1 Bedroom Units: Avg Rent 640.00
2 Bedroom Units: Avg Rent 757.00
3 Bedrooms Units: Avg Rent 0.00
3 Bedrooms Units: Avg Sqft 0
4 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Sqft 0
Construction Frame - Wood
Listing Status Active
Map Code/Grid T39
Net Income 86685.00
New Financing Conventional, No Carry, 1031 Exchange
Owner Pays Water, Trash, Sewer
Property Type F
Public Remarks
School District 080 - Chandler Unified District
Tenant Pays Electric, Cable TV
Type EA
Year Built 1987
Zoning MH-1

Interior Features

1 Bedroom Units: # 1 Bedroom Units 1
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 720
2 Bedroom Units: # 2 Bedroom Units 15
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 755
3 Bedrooms Units: # 3 Bedroom Units 0
3 Bedrooms Units: # Baths 0
4 Bedrooms Units: # 4 Bedroom Units 0
4 Bedrooms Units: # Baths 0
Appliances Included F/S Oven/Range, W/D Hookup, Disposal
Cooling Individual, Heat Pump
Electric APS
Floors Carpet, Ceramic Tile
Gas None
Heating Electric
Interior Features Fire/Smoke Alarm(s)
Total Number of Units 16.00

Exterior Features

Complex Features No Pool
Const - Finish Painted
Covered Parking Spcs 8.00
Exterior Features Partially Fenced
Lot Size Dimensions irr
Parking Carport, >1 Space Per Unit, Street Parking
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 32.00
Water City Franchise

Property Schools

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Property vs Zip Code Avg (85225)

Price 1.70M Avg 925K

Sqr Feet 12,045 Avg 6,696

Cost / Sqr Ft $141 Avg $138

Taxes $5,351 Avg $2,946

Visits 206 Avg 124

Days on Site 163 Avg 135

Walkscore® 55 Avg 50

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Kasten Long Commercial Group

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Location & Address

17235 N 75th Ave, Suite # C-190
Glendale, AZ