999 S PALM Lane Chandler, AZ $ 799,000
999 S PALM Lane
$ 799,000
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999 S PALM Lane

Chandler, AZ, 85225
$ 799,000
Baths0.0

Monthly Estimate*

$ 5,581

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Studio

Multi-Family Home for sale in Chandler, AZ

for $799,000. This home was built in 1983.

Location, Location, Location! Located right off of AZ Ave and 202, this rare gem of an opportunity to own a fourplex in Chandler is now available. Each unit has 2 bedrooms and 1 bath along with a full kitchen, in unit laundry, seperate HVAC units and spacious private front patio areas. The exterior of the property has just been reconditioned including a brand new roof and exterior paint in 2024. This fourplex has been well maintained while keeping the rents very low for the residents creating a stable income for the owner. New owner can adjust rents accordingly. Parking is simple on the North side of the property and there is a storage shed on the East side. Quick easy access to the 202 freeway, Walmart and much more! Definitely go see this one! Perfect for your Investment Portfolio!

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Multi-Family Pending

Price

$ 799,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,627

Style

Multiple Dwellings

Year Built

1983

Town/City

Chandler

County/Region

Maricopa

MLS | Web ID

6678228

Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Electric
Cooling Heat Pump
Roof Composition
Zoning MF-2
Construction Materials Siding Painted Stucco Block Frame - Wood
Year Built 1983
Electric SRP
Tenant Pays Electricity Water Cable TV
Township 1S
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 33720.0
Community Features No Pool
County Maricopa
Net Operating Income 29393.0
Operating Expense 1627.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name CHIEFTAIN VILLAGE 3
Garage Y/N N
Status Pending
Directions Go West on Pecos to Palm Lane. Fourplex is on the corner of Pecos and Palm Lane.
City Chandler
Buyer Agent Compensation 2.50
Disclosures Seller Prop Disc Stm
View Y/N N
High School District Chandler Unified District
Open Parking Spaces 12.0
Total Units 4
Lot Size Square Feet 0.0
Carport Y/N N
Street Name PALM
Tax Annual Amount 1627.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 26
Standard Status Pending
Occupancy Description Tenant
Elementary School District Chandler Unified District
Tax Lot 15
Cap Rate 3.68
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
New Financing True
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Lane
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Paved Parking Free
Water Source City Franchise
Total Parking 12.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions 112 x 102 Roughly
Lot Size Acres 0.0
Road Surface Type Gravel Concrete Sidewalk(s)
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 999
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* Excluded Features
List By
Firebird Housing

Broker

scott@firebirdhousing.com

Email

Affordability Calculator

$5,717
Per Month
98%
2%
0%
Monthly Principal & Interest
$5,581
Monthly Property Taxes
$136
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4329097 Elementary School
4328871 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/16/2024$799,000 Listed Price

Map


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999 S PALM Lane, Chandler, AZ, 85225 is a Multi-Family Home for sale at $799,000. 999 S PALM Lane is a studio with 0.0 baths and was built in 1983. The property's zip code is 85225 which is in Chandler, AZ