950 W Erie Street, Chandler, AZ 85225

$2,199,900
16
BD
16
BA

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List Price
$2,199,900
Days on Market
0
Status
ACTIVE
MLS#
7071967
City
Chandler
Bedrooms
16
Bathrooms
16
Year Built
1983

Property Description

This terrific investment opportunity features two meticulously maintained fourplexes on individual residential lots, opening up potential for residential financing. Each unit offers a spacious 1,039SF, 2BD/1.5BA layout across two levels. Three units are fully renovated with new flooring, cabinets, quartz countertops, updated lighting, ceiling fans, and modern appliances. Additional income potential includes five storage units & in-unit laundry, alongside two covered parking spaces per unit and three covered guest spaces. Pride of ownership shines with only two owners since the mid-1980s: the original owner built and managed ''The Bravo'' for over 40 years, and the current owner has continued to elevate this high-value asset. Reach out today for more information!

Additional Information

Elementary School
Hartford Sylvia Encinas Elementary
High School
Chandler High School
Middle School
John M Andersen Jr High School
Community Features
No Pool
Construction
Block, Wood Frame, Painted, Stucco
Cooling
Central Air
Electric
APS
Heating
Electric
New Financing
Conventional, Cash
Parking Features
Carport, >1 Space Per Unit
Roofing
Tile
Sewer
Sewer-In & Connected
Taxes
$3,939
Tax Year
2025
Tenant Pays
Electricity
Units
8
Water
City Franchise
Zoning
PAD

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty.

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