The Houze Group
Michelle & Vic Houze
480-696-5075480-696-5075
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The Houze Group
Real Estate in Scottsdale and Surrounding Areas

863 W Ray Road, Chandler, AZ 85225 (MLS # 5975431)

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PRICE $527,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE n/a

Ray Road is a four-unit apartment community located in Central Chandler with immediate access to Downtown Chandler, Anderson Springs, and Chandler Fashion Center. Developed in 1980, the property is comprised ofspacious two-bedroom floorplans - 100% of which have existing washer/ dryer units in-suite. The community spaces have undergone renovations which include new exterior paint and accents, landscaping and dual-panewindows.Future ownership will have the opportunity to execute interior renovations in order to achieve a suggested $150 monthly renovation premium.

DAYS ON MARKET 16 LAST UPDATED 9/14/2019
TRACT Holiday Addition YEAR BUILT 1980
COUNTY Maricopa STATUS Pending
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Chandler Unified District (080)
Elementary School Other
Grade School Chandler Unified District (080)
Jr. High School Other
High School Other


ADDITIONAL DETAILS
1 BEDROOM UNITS: # 1 BEDROOM UNITS 0
1 BEDROOM UNITS: # BATHS 0
1 BEDROOM UNITS: AVG RENT 0.00
1 BEDROOM UNITS: AVG SQFT 0
2 BEDROOM UNITS: # 2 BEDROOM UNITS 4
2 BEDROOM UNITS: # BATHS 1
2 BEDROOM UNITS: AVG RENT 888.00
2 BEDROOM UNITS: AVG SQFT 875
3 BEDROOMS UNITS: # 3 BEDROOM UNITS 0
3 BEDROOMS UNITS: # BATHS 0
3 BEDROOMS UNITS: AVG RENT 0.00
3 BEDROOMS UNITS: AVG SQFT 0
4 BEDROOMS UNITS: # 4 BEDROOM UNITS 0
4 BEDROOMS UNITS: # BATHS 0
4 BEDROOMS UNITS: AVG RENT 0.00
4 BEDROOMS UNITS: AVG SQFT 0
APPLIANCES INCLUDED BI Oven/Range, Microwave, None, Refrigerator, Washer/Dryer
COMMUNITY AMENITIES No Pool
CONST - FINISH Brick Trim/Veneer
CONSTRUCTION Block, Brick
COOLING Electric Refrigeratd
COUNTY CODE Maricopa
ELECTRIC APS
ELEMENTARY SCHOOL Other, Other
EXTERIOR AMENITIES Fenced
FLOORS Carpet, Ceramic Tile
GAS None
HEATING Electric
HIGH SCHOOL Other, Other
INCOME & EXPENSES: ADJUSTED GROSS INC 41287.00
INCOME & EXPENSES: ANNUAL ELEC EXP 0.00
INCOME & EXPENSES: ANNUAL GAS EXP 0.00
INCOME & EXPENSES: ANNUAL INS EXP 0.00
INCOME & EXPENSES: ANNUAL LAND LSE EXP 0.00
INCOME & EXPENSES: ANNUAL LANDSCAPE EXP 0.00
INCOME & EXPENSES: ANNUAL LEGAL & ACCTG 0.00
INCOME & EXPENSES: ANNUAL MAINT EXP 0.00
INCOME & EXPENSES: ANNUAL MGMT EXP 0.00
INCOME & EXPENSES: ANNUAL OTHER EXPENSE 0.00
INCOME & EXPENSES: ANNUAL OWNR ASOC FEE 0.00
INCOME & EXPENSES: ANNUAL PAD FEE 0.00
INCOME & EXPENSES: ANNUAL RPLCMNT RSRVS 0.00
INCOME & EXPENSES: ANNUAL TRASH EXP 0.00
INCOME & EXPENSES: ANNUAL WTR/SWR EXP 0.00
INCOME & EXPENSES: GROSS ANNUAL SCH INC 40387.00
INCOME & EXPENSES: NET OPERATING INCOME 0.00
INCOME & EXPENSES: OPERATING EXP 1406.00
INCOME & EXPENSES: OTHER INCOME 900.00
INCOME & EXPENSES: OWNER ASSOCIATION No
INCOME & EXPENSES: VACANCY ALLOWANCE 0.00
JR. HIGH SCHOOL Other
LEGAL INFO: LOT NUMBER 99
LEGAL INFO: RANGE 5E
LEGAL INFO: SECTION 28
LEGAL INFO: TOWNSHIP 1S
LOT SIZE DIMENSIONS IRREGULAR
MARKETING NAME Ray Road
NEW FINANCING Other (See Remarks)
OWNER PAYS Sewer, Trash, Water
PARKING >1 Space Per Unit, 1 Space/Unit, Other (See Remarks)
PROJECT TYPE Four Plex
ROADS/STREETS Asphalt/Blacktop
ROOFING Built-Up
SALE INCLUDES Building(s) Only
SEWER Sewer - Public, Sewer-In & Connected
SOURCE OF FINCL DATA Provided by Accntnt, Provided by Owner
TAX MUNICIPALITY Maricopa - COUNTY
TAXES 1406.00
TENANT PAYS Cable TV, Electric
TOTAL # OF UNITS 4.00
TOTAL PARKING SPCS 4.00
WATER City Franchise
ZONING MULTI


64 Somewhat Walkable



 
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Data last updated 9/22/19 11:18 AM PDT.