498 N Arizona Avenue, Chandler, AZ, 85225

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$2,450,000
11 Days Online

498 N Arizona Avenue
Chandler, AZ 85225

For Sale|Multi-Family|Active
County:
Maricopa

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480-256-8322
498 N Arizona Avenue498 N Arizona Avenue498 N Arizona Avenue498 N Arizona Avenue
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A stabilized 12 unit property with a diverse unit mix of 8 1bedroom/1bathroom units, 3 2bedroom/1bathroom units, and 1 3bedroom/2bathroom units. The property has seen extensive capital improvements in the last 30 days, including new sewer lines, new exterior stucco and paint, a freshly renovated courtyard, new windows on all units, a redone parking lot, and two units fully renovated. The remaining tenants are on Month to Month leases or have leases that will be expiring soon. Opportunity to raise rents immediately or continue interior unit renovations to achieve highest market rents in desirable submarket of Chandler.

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Listing Snapshot
Price 
$2,450,000
Days Online 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1948
MLS Number 
6463975
Status 
Active
Property Tax 
$3,856
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 weeks agoListing first seen online
General Features
Construction 
Block
Sewer 
Sewer - Public
Water 
City Franchise
Gas 
SW Gas
Project Type 
5 - 12 Units
Interior Features
Cooling 
Ceiling Fan(s)ElectricIndividual
Heating 
Electric
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Exterior Features
Roof 
Rolled
Community Features
Zoning 
C-3
Schools
School District
Chandler Unified District
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Orion Investment Real Estate.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2022-10-03 02:30 AM UTC

Neighborhood & Commute
Source: Walkscore
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