Courtesy of eXp Realty
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!
Open House
Property Details and Features
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Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Disposal
- Dishwasher
- Refrigerator
- Free-Standing Electric Oven
- Microwave
- Washer/Dryer
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Bathrooms
- 16 total bathrooms
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Bedrooms
- 16 total bedrooms
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Building
- Built in 1983
- 2 buildings
- Construction Materials: Wood Frame, Painted, Stucco, Block
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Community
- No Pool
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Cooling
- Central Air
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Disclosures
- Seller Prop Disc Stm
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Expenses
- Electric: $720
- Gardener: $3,000
- Maintenance: $4,800
- Operating: $16,059
- Water/Sewer: $3,600
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Floors
- Tile
- Carpet
- Vinyl
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Heating
- Electric
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Income
- Gross Income: $127,053
- Gross ScheduledIncome: $133,740
- Net Operating Income: $114,933
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Listing
- Listing ID: 7071967
- Standard Status: Active
- MLS Status: Active
- 8 days on market
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Location
- County/Parish: Maricopa
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Lot
- Dimensions: 95X133 (lot C) -AND- 105X133 (lot D)
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Owner Pays
- Trash Collection
- Water
- Sewer
- Landscaping
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Parking
- 19 covered spaces
- 19 total parking spaces
- >1 Space Per Unit
- Carport
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Roof
- Tile
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Schools
- Elementary School: Hartford Sylvia Encinas Elementary
- Elementary School District: Chandler Unified District #80
- Middle School: John M Andersen Jr High School
- High School: Chandler High School
- High School District: Chandler Unified District #80
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Security Features
- Security Light(s)
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Sewer
- Sewer-In & Connected
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 302-51-049-C
- Public Survey Range: 5E
- Public Survey Section: 28
- Annual Amount: $3,939
- Tax Book Number: 302.00
- Legal Description: BEG SW COR SW4 NW4 SW4 SEC 28 TH N 89D 48M E 265F TO POB TH N 165.20F TH N 89D 49M E 95F TH S 165
- Lot: N/A
- Parcel Letter: C
- Year: 2025
- Zoning: PAD
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Utilities
- Water Source: City Franchise
- APS
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This content last updated on September 4, 2026 11:58PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.