730 N Delaware Street, Chandler, AZ 85225
- $509,000
- 3
- BD
- 2
- BA
- 1,240
- SqFt
- List Price
- $509,000
- Price Change
- ▼ $21,000 1788919419
- Days on Market
- 49
- Status
- ACTIVE
- MLS#
- 7057762
- City
- Chandler
- Bedrooms
- 3
- Bathrooms
- 2
- Living SQFT
- 1,240
- Lot Size
- 7,497
- Subdivision
- Lundquist Manor
- Year Built
- 1954
- Type
- Townhouse
Property Description
INVESTOR OR HOUSE-HACK OPPORTUNITY - 7%+ CAP RATE AT THE NEW $509,000 PRICE! Whether you're looking to add a strong income-producing property to your portfolio or live in one unit while generating rental income from the other, this updated Chandler duplex offers flexibility, location and compelling income potential. Featuring two separate units, a 1-bedroom, 1-bath and a 2-bedroom, 1-bath, both units have been remodeled and feature separately metered utilities for added convenience. For investors, updated income numbers support a better than 7% cap rate at the current $509,000 asking price, creating an attractive opportunity for immediate rental income and long-term value. For an owner-occupant, the duplex configuration provides the opportunity to live in one unit while rental income from the second unit helps offset housing costs. Conveniently located near Downtown Chandler, shopping, dining, parks, schools and major freeways, putting tenants and owners close to everything Chandler has to offer. NEW PRICE. 7%+ CAP RATE. TWO INCOME OPPORTUNITIES. Don't miss this opportunity to own an income-producing duplex in Chandler.
Additional Information
- Elementary School
- Galveston Elementary School
- High School
- Chandler High School
- Middle School
- Willis Junior High School
- Acres
- 0.17
- Architecture
- Other
- Assoc Fee Includes
- No Fees
- Builder Name
- Unknown
- Construction
- Block, Painted
- Cooling
- Central Air
- Fencing
- Block
- Flooring
- Linoleum
- Heating
- Electric
- Laundry
- Washer Hookup
- Living Area
- 1,240
- Lot Size
- 7,497
- New Financing
- Cash, VA Loan, FHA, Conventional
- Lot Features
- Desert Front, Desert Back
- Roofing
- Foam
- Spa
- None
- Stories
- 1
- Style
- Other
- Subdivision
- Lundquist Manor
- Taxes
- $725
- Tax Year
- 2025
- Water
- Public
Courtesy of Networth Realty of Phoenix. aaroncullitan@gmail.com
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