3 N Naco Way, Chandler, AZ 85225
$968,500
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$968,500
Last Modified:
6/07/2025
Description
NEWLY RENOVATED!! Everything is BRAND NEW! BEAUTIFUL 2 Bedroom/ 1 Bathroom 4 plex at Chandler/McQueen in Chandler, AZ! All 4 apartments have NEW laminate flooring, new ceiling fans, new kitchen and bathroom cabinets, new appliances, new track lighting in the kitchen, fresh paint all over, new roof, and new dual pane windows. Kitchens have all NEW stainless appliances, including a refrigerator, stove, built-in microwave, and dishwasher! Washer/Dryer hook-ups are off of the kitchen hidden away in a laundry closet! Tenants all pay 1/4 share of water/sewer/trash bill. No HOA dues. Drive by only--DO NOT DISTURB TENANTS.
More Information MLS# 6403509
Contract Info
Current Price: $968,500
Sold Price: $968,500
Status: Closed
List Date: 2022-05-19
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: T39
House Number: 3
Compass: N
Street Name: Naco
St Suffix: Way
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85225
Country: US
County Code: Maricopa
Assessor Number: 303-02-152
Tax Year: 2021
General Property Description
Lot Size Dimensions: 8999
Year Built: 1979
Uncvrd Parking Spcs: 6
Total # of Units: 4
# of Buildings: 1
Zoning: Multi
Elementary School District: Chandler Unified District
High School District: Chandler Unified District
Elementary School: Rudy G Bologna Elementary
Jr. High School: Willis Junior High School
High School: Perry High School
Remarks Misc
Cross Street: E CHANDLER BLVD/ S MCQUEEN RD
Directions: From N Arizona Ave/ East on Chandler Blvd/ Right onto McQueen Road/ Left toward Naco Way/ Right onto Naco Way/ Complex on LEFT
Geo Lat: 33.303236
Geo Lon: -111.822359
Status Change Info
Status Change Date: 2022-08-05
Off Market Date: 2022-08-01
Under Contract Date: 2022-06-27
Close of Escrow Date: 2022-08-05
Sold Price: $968,500
Legal Info
Lot Number: 9
Income Expenses
Gross Annual Sch Inc: 75144
Net Operating Income: 64523.56
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1565.5
Avg SqFt: 850
# Baths: 4
Contact Info
List Agent Home Phn: 480-382-9681
Sold Info
Loan Type: Cash
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl
Sale Includes: Building(s) Only
Community Features: No Pool
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: Built-In Range; Refrigerator
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: >1 Space Per Unit
Owner Pays: Water; Trash Collection; Landscaping; See Remarks
Tenant Pays: Water; Sewer; Electricity; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: CTL; VA; FHA; Conventional
Environmental: None
Listing Office: Market Edge Realty, LLC
Last Updated: June - 07 - 2025
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