Chandler, AZ 85225,1002 E COMMONWEALTH Place
Chandler, AZ 85225,1002 E COMMONWEALTH Place
Chandler, AZ 85225,1002 E COMMONWEALTH Place
Chandler, AZ 85225,1002 E COMMONWEALTH Place
Chandler, AZ 85225,1002 E COMMONWEALTH Place
Chandler, AZ 85225,1002 E COMMONWEALTH Place
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$455,000

$475,000

4.2%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 06/01/2020

Key Details

Sold Price $455,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision S & H Apartments Lot 1-15

MLS Listing ID 6062789

Sold Date 06/01/20

Maintenance Fees $2,384

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1979

Annual Tax Amount $1,445

Tax Year 2019

Lot Dimensions irreg

Property Description

Sharp Chandler 4-plex in extremely tight rental sub-market. Property offers 100% 2-bed units with significant rent upside. In 2018 a new roof was installed. Since then, ownership has lightly upgraded one of the units and has completed
numerous repairs on property. Rents are still below $1.00/SF allowing significant upside for a value-add strategy. DO NOT DISTURB TENANTS - NO SHOWINGS WITHOUT ACCEPTED CONTRACT.

Location

State AZ

County Maricopa

Community S & H Apartments Lot 1-15

Zoning M-H, MF-2

Direction CLICK DOCUMENTS TAB FOR MARKETING FLIER

Interior

Heating Heat Pump, Electric

Cooling Central A/C, Heat Pump

Appliance Disposal, FS OvenRange, Refrigerator, WD Hookup, WasherDryer

Exterior

Parking Features Paved Parking

Community Features Barbecue, No Pool

Roof Type See Remarks, Composition

Total Parking Spaces 6

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Chandler Unified District

Others

Senior Community No

Tax ID 303-02-157

Financing Conventional

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Arizona Regional MLS (ARMLS)
Listed by REI Marketing
Bought with My Home Group Real Estate
agent
Lora Mwaniki-Lyman

Agent

+1(520) 780-9070 | lora.mwaniki-lyman197019+inactive@exprealty.com

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