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My Home Group
730 N Chippewa Place, Chandler, AZ 85224
- $664,000
- 4
- BD
- 3
- BA
- 2,553
- SqFt
- List Price
- $664,000
- Days on Market
- 9
- Status
- ACTIVE
- MLS#
- 7099649
- City
- Chandler
- Bedrooms
- 4
- Bathrooms
- 3
- Living SQFT
- 2,553
- Lot Size
- 7,048
- Subdivision
- Karen Manor
- Year Built
- 1973
- Type
- Single Family Residence
Property Description
DON'T MISS OUT! Special LENDER incentives of 1% of purchase price, up to max of $5,000, may be available to help you save on your monthly mortgage payment or keep more money in your pocket at closing. Offered by Seller's preferred lender, ask for more details! RARE CHANDLER FIND! INCOME POTENTIAL, PRIVATE CASITA, KITCHEN REMODEL & NO HOA! Nestled on a cul-de-sac, this versatile 2,553 sq ft home offers an exciting combination of comfortable living, flexible space, and rental income potential! This home is perfect for families looking for room to spread out, multi-generational living, investors looking for a solid cap rate, or homebuyers looking for additional income to make home ownership affordable. The main residence features 3 bedrooms, 2 bathrooms, a versatile bonus room, huge pantry and attractive luxury vinyl plank flooring throughout much of the home. And there's MORE: A beautiful kitchen transformation featuring NEW white shaker cabinetry and quartz countertops is underway and scheduled for completion before going Active! Above the garage, the 871 sq ft casita features its own private entrance, spacious living area, kitchenette with quartz countertops, breakfast bar, refrigerator + microwave + stovetop, generously sized bedroom with sitting area and walk-in closet, full bathroom, and its own washer and dryer! Most casita furnishings convey at no monetary value, subject to specified Seller exclusions. The casita does not share any walls with the main area of the home for extra privacy. The home is currently separated into two living units, but Seller is amenable to replacing the door between the two to create one connected living space for a total of 4 bedrooms, 3 full bathrooms, and 2 bonus rooms. Outside, enjoy a low-maintenance backyard with a covered patio, RV gate and parking pad for toys, and storage shed. A new roof and A/C were installed in the main residence in 2019, while the guest apartment was added in 2021 with its own roof and A/C. Conveniently located near Downtown Chandler, restaurants, shopping, hospitals, and major freeways, this is a property with possibilities galore worth exploring! HERE'S WHERE IT GETS EXCITING! With a hypothetical 30-year conventional mortgage, 20% down, and an estimated monthly housing payment of $4,000, the casita's previously achieved rental income of $1,850/month could offset that expense to approximately $2,150/month before rental-related costs! Seller has rented the apartment for $1,850/month over the past two years, offering an appealing opportunity for Buyers interested in supplemental income or multigenerational living. Actual financing costs and future rental income will vary.
Additional Information
- Elementary School
- Hartford Sylvia Encinas Elementary
- High School
- Chandler High School
- Middle School
- John M Andersen Elementary School
- Acres
- 0.16
- Architecture
- Other
- Assoc Fee Includes
- No Fees
- Builder Name
- N/A
- Community
- N/A
- Community Features
- Near Bus Stop, Biking/Walking Path
- Construction
- Block, Wood Frame, Painted, Stucco
- Cooling
- Ceiling Fan(s), Central Air
- Exterior Features
- Storage
- Fencing
- Block, Back Yard
- Flooring
- Carpet, Vinyl, Tile
- Garage Spaces
- 2
- Guest House SqFt
- 871
- Heating
- Electric
- Laundry
- Inside
- Living Area
- 2,553
- Lot Size
- 7,048
- Model
- N/A
- New Financing
- Cash, VA Loan, FHA, Conventional
- Other Rooms
- Family Room, Great Room, Bonus/Game Room, Guest Qtrs-Sep Entrn
- Parking Features
- RV Access/Parking, RV Gated, Direct Access, Attached Garage
- Lot Features
- Cul-De-Sac, East/West Exposure, Desert Front, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back
- Roofing
- Composition
- Sewer
- Public Sewer
- Spa
- None
- Stories
- 2
- Style
- Other
- Subdivision
- Karen Manor
- Taxes
- $2,402
- Tax Year
- 2026
- Water
- Public
Courtesy of Barrett Real Estate. 480-864-2100
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