CASH COW LOW Expenses Chandler Duplex, Close to Downtown Chandler, Solid Masonry Construction, Large Private Back Patios, Washer/Dryer Hook-Ups, All Tile Flooring, Full Bath/Tub, ± Five Year Old Roof, AC's Serviced Regularly, One Bedroom Rent Is $1,275 With Solid long-term Tenant. Two Bedroom is $1500 Lease Starts Dec 1. The Seller holds an AZ Real Estate License. All Facts and Figures Approximate, Buyer to Verify to their own Satisfaction.
The Avenue Apartments is a nicely renovated 13 unit complex located near Downtown Chandler. This investment opportunity offers a step in 6.7% cap rate with further opportunity to increase NOI through renovating the remaining 5 units. The attractive unit mix includes 5 2bed/1bath units and 8 1bed/1bath units. Major exterior renovations have been done inclucding new exterior stucco and paint, new plumbing, new parking lot asphalt and stripping, and a refurbished courtyard.
Remodeled Duplex, Stainless Steel Appliances, Plank flooring throughout, new paint, gas stove, large French door to second bedroom. Private laundry on side patio, private fenced back yard, Large side yard with tree shade, private 2 car covered carport, keyed storage shed 5'X10', walking distance to downtown chandler and shopping.
Seller is open to carrying a portion of the note. 801 W Galveston is a turnkey duplex opportunity located near Downtown Chandler. The property features (2) 2 bedroom, 2 bathroom units bathroom units measuring 1,300 and 1,500 square feet each. Both units have been updated in recent years and have large patio areas as well as in-unit washer/dryer. Both units are currently occupied and rent for $2,000/month each. This is the perfect opportunity for an investor or owner occupant.
The median home value in Chandler, AZ is $523,750. This is higher than the county median home value of $456,600. The national median home value is $338,100. The average price of homes sold in Chandler, AZ is $523,750. Approximately 61.72% of Chandler homes are owned, compared to 33.18% rented, while 5.1% are vacant. Chandler real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chandler real estate agent to arrange a tour today!
Chandler, Arizona has a population of 272,439. Chandler is more family-centric than the surrounding county with 36.39% of the households containing married families with children. The county average for households married with children is 31.17%.
The median household income in Chandler, Arizona is $91,299. The median household income for the surrounding county is $72,944 compared to the national median of $69,021. The median age of people living in Chandler is 36.9 years.
The average high temperature in July is 105.3 degrees, with an average low temperature in January of 40.5 degrees. The average rainfall is approximately 9 inches per year, with 0 inches of snow per year.