UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,240 sqft
Price per Sqft $410
Subdivision Lundquist Manor
MLS Listing ID 7057762
Style Other
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1954
Annual Tax Amount $725
Tax Year 2025
Lot Size 7,497 Sqft
Acres 0.17
Property Sub-Type Townhouse
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Featuring two separate units, a 1-bedroom, 1-bath and a 2-bedroom, 1-bath, both units have been remodeled and feature separately metered utilities for added convenience.
For investors, updated income numbers support a better than 7% cap rate at the current $509,000 asking price, creating an attractive opportunity for immediate rental income and long-term value. For an owner-occupant, the duplex configuration provides the opportunity to live in one unit while rental income from the second unit helps offset housing costs.
Conveniently located near Downtown Chandler, shopping, dining, parks, schools and major freeways, putting tenants and owners close to everything Chandler has to offer.
NEW PRICE. 7%+ CAP RATE. TWO INCOME OPPORTUNITIES. Don't miss this opportunity to own an income-producing duplex in Chandler.
Location
State AZ
County Maricopa
Community Lundquist Manor
Area Maricopa
Direction From N Arizona Ave turn East onto E Harrison St, you will come to a T intersection, turn North onto N Delaware St. Home will be on your left.
Rooms
Master Bathroom 2 Master Baths
Den/Bedroom Plus 3
Separate Den/Office N
Interior
Interior Features Eat-in Kitchen, 2 Master Baths
Heating Electric
Cooling Central Air
Flooring Linoleum
Fireplace No
Window Features Dual Pane
Appliance Refrigerator, Dishwasher
SPA None
Laundry Wshr/Dry HookUp Only
Exterior
Fence Block
Utilities Available APS
Roof Type Foam
Private Pool No
Building
Lot Description Desert Back, Desert Front
Story 1
Builder Name Unknown
Sewer Public Sewer
Water City Water
Architectural Style Other
New Construction No
Schools
Elementary Schools Galveston Elementary School
Middle Schools Willis Junior High School
High Schools Chandler High School
School District Chandler Unified District #80
Others
HOA Fee Include No Fees
Senior Community No
Tax ID 302-66-085
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Horse Property N
Disclosures Seller Discl Avail
Possession Close Of Escrow
Listing Terms Cash, Conventional, FHA, VA Loan
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