3 bedroom house for sale
Chandler AZ 85225
- Property Type
- House
- Price
- $750,000
- Beds
- 3
- Baths
- 2
Overview
Calling all investors! Tenant in place paying $5500/mo and priced at an 8% cap rate! Perfect investment opportunity to purchase a highly profitable and extremely easy rental income property with a long term tenant in place. Property is licensed as a behavioral group home for up to 5 residents with the city of Chandler. Property can be increased in size and zoned for 10. The tenant has been running his business in the home since 2020. Current lease agreement through December 1, 2024, at a monthly rate of $5500 per month. The monthly expenses for the property are approximately $425/month including taxes and insurance. This also includes $142/mo for solar - Home was remodeled in 2018. Please do not disturb tenants - offer with proof of funds to be submitted prior to show.
Details
- Beds: 3
- Baths: 2
- Price: $750,000
- Reference No.: 72424813
- Area: 1,619 sqft
Location
Chandler AZ 85225
3 bedroom house for saleRelated Properties
Disclaimer
2024-05-31, Viewed 2 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-05-31, Viewed 2 times.
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