300 N Hamilton Street, Chandler, AZ 85225

$455,000

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Sold Price
$455,000
List Price
$449,900
Closing Date
Apr 25, 2025
Days on Market
3
Status
CLOSED
MLS#
6840758
City
Chandler
Subdivision
Greater Chandler Add Blk 8 & 9
Year Built
1936

Property Description

This Chandler duplex is the ultimate CASH COW (nearly 8% CAP rate)! Located in downtown Chandler this property never has vacancies. ADDITIONAL INCOME opportunity with HUGE lot that can be used to park trailers, boats or additional vehicles. Main unit is approx 1265 SF with 4 beds & 1.5 baths. Second unit is approx 365 SF with 1 bed & 1 bath. Each unit has its own fenced private yard. Both AC units are approx 4-5 years old. Roof is approx 3-4 years old. Property also has dual pane windows. It does need repairing/updating consistent with a rental property with long term tenants but this duplex will make you some serious money & is in amazing location. Pro forma rents are likely lower than what it could receive. Both tenants are month to month & would love to stay with no required repairs

Additional Information

Elementary School
Galveston Elementary School
High School
Chandler High School
Middle School
Willis Junior High School
Community Features
No Pool
Construction
Wood Frame, Stucco
Cooling
Heat Pump, Electric, Ceiling Fan(s)
Electric
Individual Meter, SRP
Exterior Features
Sidewalk(s)
Heating
Electric, Heat Pump
New Financing
Conventional, Cash
Parking Features
Open, >1 Space Per Unit, RV Access/Parking
Roofing
Composition
Subdivision
Greater Chandler Add Blk 8 & 9
Taxes
$775
Tax Year
2024
Tenant Pays
Electricity
Units
2
Water
City Franchise
Zoning
MF-1

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Solutions. Selling Office: Munroe Multifamily.

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