257 E Oakland Street, Chandler, AZ 85225

$845,000
Property Type: Multi-Family Square Footage: 1,599 Lot Size (sq. ft.): 6,098 Status: Closed
Current Price: $845,000 List Date: 2/13/2022 Last Modified: 8/17/2022

Overview

Description

What an amazing opportunity to acquire a fully gutted and remodeled Triplex in the heart of Chandler. The property is currently under construction and should be available to close in the next 60 days. All new windows, stainless steel appliances, hot water heaters, air conditioners, roof, and so much more. See the Documents for a full list of improvements. Projected rents are $1,750 per door. Should have zero capital expenses for a long time. Buyer to verify all facts and figures..

Listing Details MLS# 1045220

ContractAddressLegal

Original List Price
895000
Listing Price
895000
Street #
257
Direction
E
Street Name
Oakland
St Suffix
Street
City/Township
Chandler
State
AZ
Zip Code
85225
County
Maricopa
Tax Parcel
302-64-139

General Property Description

Lot #
Yes
Aprx Acres
0.14
Total Liveable SqFt
1599
Source of Measuremnt
Appraiser
Year Built
1956
Management
Mgmt Company
Gross Vol/Yr $
63000
NOI $
51096
Vac Rate %
3
Cap %
5.71
Baths - Full
3

Tax Info

Taxes
619
Tax Year
2021

Status Change Info

Under Contract Date
2022-04-29
Sold Date
2022-08-16
Sold Price/SqFt
528
Financing
Cash

Unit 1

# BR
Yes
# BA
Yes
SqFt
600
Rent $
1750

Unit 2

# BR
Yes
# BA
Yes
SqFt
600
Rent $
1750

More Information

Unit 3

# BR
Yes
# BA
Yes
SqFt
600
Rent $
1750

Property Features

Building Type: Triplex Construction: Frame - Wood; Stucco Cooling: Ceiling Fan(s); Heat Pump External Amenities: Fence; Landscaped; Laundry Facilities Flooring: Tile Heating: Heat Pump Owner Pays: Trash; Water Possession: At Recordation Records Available: None Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: Cable TV; Electricity; Individual Meter; Master Meter; Water - City; WWT - City Sewer Water Heater: Electric Unit 1 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; Storage Room; W/D Connection; Other - See Remarks Unit 2 Parking: 2 Car Unit 2 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; Storage Room; Other - See Remarks Unit 3 Parking: 2 Car Unit 3 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Range/Oven; Refrigerator; Storage Room; W/D Connection
Listing Office: Gerchick Real Estate
Last Updated: August - 17 - 2022
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