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$460,000

  • Sold
  • Closed
  • Triplex
See This Home
Save This Home
See This Home
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This triplex in Chandler is the perfect investment opportunity with a cumulative rental income of $4,030/month. The property consists of three units, each currently occupied by long-term tenants on month-to-month leases. Situated just minutes from Downtown Chandler, the area offers convenient access to shopping, dining, and entertainment. Buyers are encouraged to verify all facts, including rental income, lease agreements, and zoning information. With consistent cash flow and potential for appreciation, this triplex is an excellent option for investors looking to expand their portfolio.

Full Property Details for 581 N Colorado St

General

  • Sold For: $460,000
  • Taxes: $756 (2023)
  • Status: Closed
  • Type: Triplex
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6768954
  • Added to Site: 466 day(s) ago

Interior

  • Flooring: Carpet, Ceramic Tile

Parking

  • Total Spaces: 10
  • Parking Features: Free, RV/Boat Parking, Street Parking

Location

  • County: Maricopa
  • Township: 1S
  • Subdivision: GREATER CHANDLER ADD BLK 8 & 9
  • Cross Streets: Chandler Blvd & Arizona Avenue

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric, Wall/Window Unit(s)
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: City Franchise

Structural Information

  • # Buildings: 2
  • Exterior Const.: Stucco, Frame - Wood
  • Roof: Composition
  • Year Built: 1951

Lot Features

  • Lot Dimensions: 0.172 acres / 7, 510 sqf
  • Frontage: Asphalt, Sidewalk(s)
  • Zoning: R-8.5

Financial Considerations

  • Tax Amount: $756
  • Tax Year: 2023
  • Terms: Conventional, 1031 Exchange, FHA, VA Loan
  • Owner Pays: Gas, Trash Collection, Water, Sewer
  • Tenant Pays: Electricity

Disclosures and Reports

  • Legal Description: GREATER CHANDLER ADD
  • Property ID: 302-64-094
  • Range: 5E
  • Section: 27
  • Lot Number: 3

Listed by UMe Realty Group
Sold by Epique Realty

Listing agents

— 581 N Colorado St —

  • UMe Realty Group

  • UMe Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 581 N Colorado St

School District:Chandler Unified District
NameGradesDistance
Galveston Elementary School
661 East Galveston Street, Chandler, AZ 85225
PK-60.4 mi
Chandler High School
350 North Arizona Avenue, Chandler, AZ 85225
9-120.4 mi
Willis Junior High School
401 South McQueen Road, Chandler, AZ 85225
7-81.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 581 N Colorado St

Date
Details
Price
Change
Source
12/12/2024
Sold
$460,000
-1.08%
MLS
10/09/2024
Listed
$465,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by UMe Realty Group
Sold by Epique Realty

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Recent Sales near 581 N Colorado St

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581 N Colorado Street, Chandler, AZ 85225 (MLS# 6768954) is a Triplex property that was sold at $460,000 on December 12, 2024. Want to learn more about 581 N Colorado Street? Do you have questions about finding other Triplex real estate for sale in Chandler? You can browse all Chandler real estate or contact a Coldwell Banker agent to request more information.