736 W Knox Road, Chandler, AZ 85225

$780,000

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Sold Price
$780,000
List Price
$740,000
Closing Date
Sep 29, 2023
Days on Market
36
Status
CLOSED
MLS#
6596390
City
Chandler
Subdivision
Chandler Manor
Year Built
1985

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.

Additional Information

Elementary School
John M Andersen Elementary School
High School
Chandler High School
Middle School
John M Andersen Jr High School
School District
Chandler Unified District
Community Features
No Pool
Construction
Wood Frame, Stucco
Cooling
Central Air
Electric
SRP
Flooring
Other
Heating
Central
New Financing
Conventional, 1031 Exchange
Parking Features
<1 Space Per Unit, Carport
Roofing
Tile
Sewer
Public Sewer
Subdivision
Chandler Manor
Taxes
$1,863
Tax Year
2022
Units
4
Water
City Franchise
Zoning
[M-H]

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RETSY. Selling Office: RETSY.

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