Chandler, AZ 85225,581 N COLORADO Street
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Chandler, AZ 85225,581 N COLORADO Street
Chandler, AZ 85225,581 N COLORADO Street
Chandler, AZ 85225,581 N COLORADO Street
Chandler, AZ 85225,581 N COLORADO Street
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581 N COLORADO Street Chandler, AZ 85225


UPDATED:

10/30/2024 06:49 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Greater Chandler Add Blk 8 & 9

MLS Listing ID 6768954

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1951

Annual Tax Amount $756

Tax Year 2023

Lot Dimensions 0.172 acres / 7,510 sqf

Property Description

This triplex in Chandler is the perfect investment opportunity with a cumulative rental income of $4,030/month. The property consists of three units, each currently occupied by long-term tenants on month-to-month leases.

Situated just minutes from Downtown Chandler, the area offers convenient access to shopping, dining, and entertainment. Buyers are encouraged to verify all facts, including rental income, lease agreements, and zoning information. With consistent cash flow and potential for appreciation, this triplex is an excellent option for investors looking to expand their portfolio.

Location

State AZ

County Maricopa

Community Greater Chandler Add Blk 8 & 9

Zoning R-8.5

Direction North to Arizona Avenue, east on Galveston, South on Colorado

Interior

Heating Natural Gas

Cooling Electric, Wall/Window Unit(s)

Flooring Carpet, Ceramic Tile

Appliance F/S Oven/Range

Exterior

Garage Free, RV/Boat Parking, Street Parking

Community Features No Pool

Waterfront No

Roof Type Composition

Parking Type Free, RV/Boat Parking, Street Parking

Total Parking Spaces 10

Building

Sewer Public Sewer

Water City Franchise

Schools

Elementary Schools Hartford Sylvia Encinas Elementary

Middle Schools John M Andersen Jr High School

High Schools Chandler High School

School District Chandler Unified District

Others

Senior Community No

Tax ID 302-64-094

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan


Arizona Regional MLS (ARMLS)
Listed by UMe Realty Group

John Evenson

Realtor/Team Lead | License ID: SA659330000

+1(989) 233-3293

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581 N COLORADO Street