950 W Erie Street, Chandler, AZ 85225
950 W Erie Street, Chandler, AZ 85225
950 W Erie Street, Chandler, AZ 85225
950 W Erie Street, Chandler, AZ 85225
950 W Erie Street, Chandler, AZ 85225
950 W Erie Street, Chandler, AZ 85225
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$ 2,199,900
Est. payment | /mo

16 Beds


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$ 2,199,900
Est. payment | /mo
Save

16 Beds

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7071967

Bedrooms 16

Maintenance Fees $4,800

Year Built 1983

Annual Tax Amount $3,939

Tax Year 2025

Lot Dimensions 95X133 (lot C) -AND- 105X133 (lot D)

Source Arizona Regional Multiple Listing Service (ARMLS)

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!

Location

State AZ

County Maricopa

Area Maricopa

Zoning PAD

Direction North to Erie St, East to property

Interior

Heating Electric

Cooling Central Air

Flooring Carpet

Appliance Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer

Exterior

Parking Features >1 Space Per Unit, Carport

Community Features No Pool

Roof Type Tile

Private Pool No

Building

Sewer Sewer-In & Connected, Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Hartford Sylvia Encinas Elementary

Middle Schools John M Andersen Jr High School

High Schools Chandler High School

School District Chandler Unified District #80

Others

Senior Community No

Tax ID 302-51-049-C

Acceptable Financing Conventional

Disclosures Seller Prop Disc Stm

Listing Terms Conventional

Arizona Regional MLS (ARMLS)
Listed by eXp Realty • David S Mendel

NEARBY SCHOOL & BUSINESS

Brian Patrick Ramsey

+1(602) 584-2023

bramsey@equitystarrealty.com

20860 N. Tatum Blvd., Phoenix, AZ 85050, United States

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950 W Erie Street