761 Delaware StChandler, AZ 85225
Solid 2-unit building, high ROI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- $450,000 asking price for a stabilized multifamily investment.
- Downtown Chandler duplex with two units, each priced at $225,000.
- 1,144 square feet of net rentable space.
- 5.68% cap rate and NOI of $25,542.
- 50% occupancy, with one unit currently rented at $1,275/month and a second unit vacant, previously rented at $1,500/month.
- Built in 1960, this two-story building sits on a 302-66-109F APN lot in Chandler, Arizona (85225).
Property Details for 761 Delaware St
- Property type
- Apartment buildings
- Year Built
- 1960
- Buildings
- 1
- Stories
- 2
- Units
- 2
Location Insight
- City
- Chandler
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.316334540823
- Longitude
- -111.83724633044
Nearby Similar for Sale
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