INVESTOR OR HOUSE-HACK OPPORTUNITY - 7%+ CAP RATE AT THE NEW $509,000 PRICE! Whether you're looking to add a strong income-producing property to your portfolio or live in one unit while generating rental income from the other, this updated Chandler duplex offers flexibility, location and compelling income potential.
Featuring two separate… Read More units, a 1-bedroom, 1-bath and a 2-bedroom, 1-bath, both units have been remodeled and feature separately metered utilities for added convenience.
For investors, updated income numbers support a better than 7% cap rate at the current $509,000 asking price, creating an attractive opportunity for immediate rental income and long-term value. For an owner-occupant, the duplex configuration provides the opportunity to live in one unit while rental income from the second unit helps offset housing costs.
Conveniently located near Downtown Chandler, shopping, dining, parks, schools and major freeways, putting tenants and owners close to everything Chandler has to offer.
NEW PRICE. 7%+ CAP RATE. TWO INCOME OPPORTUNITIES. Don't miss this opportunity to own an income-producing duplex in Chandler. Read Less
Courtesy of Networth Realty of Phoenix, Cesar Maldonado, 480-454-1054.
Listing Snapshot
Days Online
65
Last Updated
Property Type
Townhouse
Beds
3
Full Baths
2
Lot Size
0.17 Acres
Year Built
1954
MLS Number
7057762
Additional Details
Property Access
Road Responsibility: City Maintained Road
Appliances & Equipment
Refrigerator, Dishwasher
Building
Built in 1954, 1 storey, Construction Materials: Painted, Block
Cooling
Central Air
Disclosures
Seller Discl Avail
Fence
Block
Floors
Linoleum
Heating
Electric
Home Owner's Association
Fee Includes: No Fees
Interior Features
Eat-in Kitchen, 2 Master Baths
Laundry
Wshr/Dry HookUp Only
Lot
0.17 acres, Desert Back, Desert Front
Parking
2 open parking spaces
Roof
Foam
Sewer
Public Sewer
Taxes
Parcel Number: 302-66-085, Public Survey Range: 5E, Public Survey Section: 27, Annual Amount: $725, Tax Book Number: 302.00, Legal Description: LUNDQUIST MANOR, Lot: 17, Map Number: 66.00, Year: 2025
Utilities
Water Source: Public
Windows
Dual Pane
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