$780,000
$740,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
736 W Knox Road Chandler, AZ 85225
Key Details
Sold Price $780,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Chandler Manor
MLS Listing ID 6596390
Sold Date 09/29/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $1,863
Tax Year 2022
Lot Dimensions 85x124
Property Description
ELEVATE YOUR PORTFOLIO! Own a slice of the thriving Chandler community—one of the most sought-after and rapidly growing areas in The Valley. This is the kind of property that rarely comes on the market, having been under the same ownership for over 28 years. This 4-plex is perfect for those who want the benefits of a stable rental income history with the opportunity to value-add. Each unit is approximately 882 SF, with 2 bedrooms & 2 bathrooms, in-unit laundry, and central A/C. Parking is a breeze with a dedicated parking lot in the rear of the property with alley access and parking for up to 8 cars, 4 of which are covered. Situated just minutes from Downtown Chandler and the employment corridors, with parks and shopping, ease of access to all of the amenities that make this city so desirable. Valued on its current income, this property presents the right canvas for those seasoned real estate investors looking for a solid addition to their portfolio, or someone seeking a dynamic opportunity to capitalize on its location and established success.
Location
State AZ
County Maricopa
Community Chandler Manor
Zoning [M-H]
Direction Alma School Rd - East on Knox Property is on the north side of the road
Interior
Appliance FS OvenRange
Exterior
Garage <1 Space Per Unit, Common
Community Features No Pool
Waterfront No
Roof Type Tile
Parking Type <1 Space Per Unit, Common
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
Schools
Elementary Schools John M Andersen Elementary School
Middle Schools John M Andersen Jr High School
High Schools Chandler High School
School District Chandler Unified District
Others
Senior Community No
Tax ID 302-42-101-A
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Other
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Bought with RETSY