Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$345,000
Last Modified:
9/03/2017
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365 N ALMA SCHOOL Road, B, Chandler, AZ 85224
$345,000
Description
100 % occupied. Long term seller retiring. All rents $100+ a month or so below market. Seller's loss is your gain.
Sold day one on brokers website. This listing added to MLS for COMPARISON purposes only.
This offering was sold significantly higher than the closed sale price.
Seller decided not to carry the note and this would have sold close to list price as verified by the backup offers.
Similar units adjacent to this offering were leased $100 a month higher.
All facts and figures believed to be correct but buyer to verify ALL during DD period.
More Information MLS# 5655489
Contract Info
Current Price: $345,000
Sold Price: $345,000
Status: Closed
List Date: 2017-08-25
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: T38
House Number: 365
Compass: N
Street Name: ALMA SCHOOL
St Suffix: Road
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85224
Zip4: 4378
Country: USA
County Code: Maricopa
Subdivision: OWNERS PLAT
Assessor Number: 302-52-004-B
Tax Year: 2016
General Property Description
Lot Size Dimensions: 10533
Year Built: 1963
Uncvrd Parking Spcs: 5
Total # of Units: 4
# of Buildings: 2
Zoning: Multi
Elementary School District: Chandler Unified District
High School District: Chandler Unified District
Remarks Misc
Cross Street: Alma School & Erie
Directions: Just north of Chandler and South of Erie
Geo Lat: 33.309033
Geo Lon: -111.85882
Status Change Info
Status Change Date: 2017-09-02
Off Market Date: 2017-09-02
Under Contract Date: 2017-08-25
Close of Escrow Date: 2017-09-01
Sold Price: $345,000
Legal Info
Township: 1S
Range: 5E
Section: 28
Lot Number: 1
Income Expenses
Gross Annual Sch Inc: 29028
Net Operating Income: 18222.1
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 625
Avg SqFt: 800
# Baths: 1
Contact Info
List Agent Home Phn: 602-265-6617
Sold Info
Loan Type: Conventional
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Vinyl; Carpet
Sale Includes: Building(s) Only
Community Amenities: No Pool
Appliances Included: F/S Oven/Range; Refrigerator
Heating: Central; Heat Pump
Cooling: Ceiling Fan(s); Electric; 2 or More Units
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: SW Gas; Submetered System
Parking: Carport; Street Parking; <1 Space Per Unit; Add'l Parking Avail; Paved Parking
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Gas; Cable TV
Source of Fincl Data: Provided by Owner; Projected Proforma
Existing 1st Loan: Conventional
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Non Assumable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: No Carry; Seller May Carry
Environmental: None
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: September - 03 - 2017
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