365 N ALMA SCHOOL Road B, Chandler, AZ 85224 (MLS# 5655489)

365 N ALMA SCHOOL Road B, Chandler, AZ 85224

$345,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $345,000 Last Modified: 9/03/2017

Overview

Description

100 % occupied. Long term seller retiring. All rents $100+ a month or so below market. Seller's loss is your gain. Sold day one on brokers website. This listing added to MLS for COMPARISON purposes only. This offering was sold significantly higher than the closed sale price. Seller decided not to carry the note and this would have sold close to list price as verified by the backup offers. Similar units adjacent to this offering were leased $100 a month higher. All facts and figures believed to be correct but buyer to verify ALL during DD period.

Listing Details MLS# 5655489

Location, Tax & Legal

Map Code/Grid
T38
House Number
365
Compass
N
Street Name
ALMA SCHOOL
St Suffix
Road
City/Town Code
Chandler
State/Province
AZ
Zip Code
85224
Zip4
4378
Country
US
County Code
Maricopa
Subdivision
OWNERS PLAT
Assessor Number
302-52-004-B
Tax Year
2016

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
10533
Year Built
1963
Uncvrd Parking Spcs
5
Total # of Units
4
# of Buildings
2
Zoning
Multi
Elementary School District
Chandler Unified District
High School District
Chandler Unified District

Remarks Misc

Cross Street
Alma School & Erie
Directions
Just north of Chandler and South of Erie

Status Change Info

Off Market Date
2017-09-02
Under Contract Date
2017-08-25
Close of Escrow Date
2017-09-01

Legal Info

Township
1S
Range
5E
Section
28
Lot Number
Yes

More Information

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
625
Avg SqFt
800
# Baths
Yes

Income Expenses

Gross Annual Sch Inc
29028
Net Operating Income
18222.1

Contact Info

List Agent Home Phn
602-265-6617

Sold Info

Loan Type
Conventional
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Vinyl; Carpet Sale Includes: Building(s) Only Community Features: No Pool Appliances Included: Free-Standing Range; Refrigerator Heating: Central; Heat Pump Cooling: Ceiling Fan(s); Electric; 2 or More Units Water Source: City Franchise Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: SW Gas; Submetered System Parking Features: Carport; On Street; <1 Space Per Unit; Add'l Parking Avail; Paved Road Surface Type: Asphalt; Concrete Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner; Projected Proforma Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: No Carry; Owner May Carry Environmental: None
IDX
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: September - 03 - 2017
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