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197 W Saragosa Street, Chandler, AZ 85225

$215,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 6 days ago
197 W Saragosa Street, Chandler, AZ 85225 View this property at 197 W Saragosa Street, Chandler, AZ 85225
197 W Saragosa Street Chandler AZ 85225

Property Description

Looking for a value-add opportunity in the EastValley? This solid performer is located neardowntown Chandler in a high demand rental areawith lots of employment nearby. It features two 1-bed and one 2-bed units with individually meteredelectric. The building has a newer roof and newerevaporative coolers. Each unit has an individualstorage closet, one of which is plumbed for use as alaundry. For a great value-add play, install AC unitsand increase the rents an extra $100. At $3500 perAC installation, that's well over a 30% return on yourconstruction dollars and a hefty increase in your caprate! See marketing flyer in Documents tab.

Full Property Details for 197 W Saragosa Street

  • Price: $215,000
  • Taxes: $870
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 5530820
  • Updated: 12/1/2016
  • Added: 7 day(s) ago

Property History

  • 197 W Saragosa Street, Chandler, AZ
  • Listed at $215,000 on 11/30/16

Business

  • Includes: Land & Building

Interior

  • Interior Features: Fire/Smoke Alarm(s)
  • Appliances: Free-Standing Oven and Range, Refrigerator
  • Flooring: Ceramic Tile, Concrete

Additional Information

  • Shared Amenities: No Pool

Exterior

  • Exterior Features: Desert Landscaping, Green Landscaping, Fenced

Parking

  • Parking Features: >1 Space Per Unit

Location

  • County: Maricopa
  • Township: 1S
  • Subdivision: CHIEFTAIN VILLAGE 3
  • Cross Streets: ARIZONA AVE AND PECOS
  • Driving Directions: WEST TO PALM LANE, NORTH TO SARAGOSA

School Information

  • Elem School District: 080 - Chandler Unified District
  • High School District: 080 - Chandler Unified District

Heating & Cooling

  • Cooling Type: Evaporative Cooling
  • Heating Type: Other (See Remarks)

Utilities

  • Gas: None
  • Sewer: Public Sewer
  • Water: City Franchise

Structural Information

  • Construction: Block
  • Exterior Const.: Painted, Stucco
  • Roof: Rolled
  • Year Built: 1981

Unit Information

  • 1 Bedroom Units: 2
  • 1 Bedroom Baths: 1
  • 1 Bedroom Sq. Ft.: 620
  • 2 Bedroom Units: 1
  • 2 Bedroom Baths: 1
  • 2 Bedroom Sq. Ft.: 710

Lot Features

  • Lot Dimensions: IRR
  • Zoning: MULTI

Financial Considerations

  • Tax Amount: $870
  • Terms: Conventional
  • Owner Pays: Sewer, Water, Trash
  • Tenant Pays: Cable TV, Electric

Disclosures and Reports

  • Special Conditions: Incorporated Area
  • Range: 5E
  • Section: 33
  • Lot: 3

Listed by GPCI AZ

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Estimate the Cost

197 W Saragosa Street will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

Get pre-approved to see if you qualify for properties in this budget.

*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

197 W Saragosa Street, Chandler, AZ 85225 (MLS# 5530820) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 197 W Saragosa Street is currently listed for $215,000 and was received on November 30, 2016. Want to learn more about 197 W Saragosa Street? Do you have questions about finding other Multi-Family real estate for sale in Chandler? You can browse all Chandler real estate or contact a Coldwell Banker agent to request more information.

Listed by GPCI AZ

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