A Lucrative Lakeside Opportunity in Chandler Awaits!

  • Asking $499,000
1635 E Chicago St, Chandler, AZ 85225, USA

Overview

Property ID: toc-27326
  • Single Family Home
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Garages
  • 2155
  • sqft
  • 1985
  • Year Built

Description

Nestled right on the lake in the heart of Chandler’s serene Springs Lake community, this off-market gem at 1635 E Chicago St is an investor’s dream. Priced exceptionally at only 65% of its After Repair Value (ARV), this property is a goldmine for fix-and-flip enthusiasts. A blank canvas that beckons your creative touch, it’s a rare find in today’s market, particularly for a home that promises to be an oasis in the desert. With its incredible lake views and a backyard that’s a slice of paradise, this 4-bedroom, 3-bathroom home, listed at just $499,000 with an ARV of $771,000, is a deal that’s too good to pass up.

Key Investment Highlights:

  • Exclusive Off-Market Deal: A rare opportunity to access a property not available to the general market
  • High-Value Flip Potential: Perfect for investors aiming to maximize returns through renovations
  • Competitive Pricing Strategy: Exceptionally priced at 65% of its ARV, ensuring a high margin for profit
  • Desirable Living Spaces: 4 large bedrooms and 3 bathrooms provide the ideal layout for families or renters
  • Architectural Charm: Vaulted ceilings add a touch of elegance and perceived value
  • Premium Lakeside Position: Directly on the lake, ensuring higher appeal and value
  • Breathtaking Views and Recreation: The allure of lakeside views and activities like fishing enhance rental and resale attractiveness
  • Private Outdoor Retreat: A backyard paradise that promises future residents a tranquil living experience
  • Community Amenities: Access to clubhouse, pools, and sports courts – a strong selling point for future buyers or renters
  • Excellent Location: Nestled in a serene community in Chandler, appealing to families and professionals alike
  • Strong Market Demand: High desirability in the Chandler area ensures quick resale or rental
  • Solid Investment Numbers: Asking price of $499,000 against a strong ARV of $771,000 offers a robust investment case

 

1635 E Chicago St, Chandler, AZ 85225

For more details on this high-potential investment property, contact Anette Brown at (602) 448-7377. Seize this opportunity to add a high-value, lakeside property to your portfolio, promising both immediate renovation potential and long-term market appeal.

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Details

Updated on January 12, 2024 at 1:39 pm
  • Property ID: toc-27326
  • Price: Asking $499,000
  • Property Size: 2155 sqft
  • Lot Size: 7192 sqft
  • Bedrooms: 4
  • Bathrooms: 3
  • Garages: 2
  • Year Built: 1985
  • Property Type: Single Family Home
  • Property Status: Sold
  • Address 1635 E Chicago St, Chandler, AZ 85225, USA
  • City Chandler
  • State/county Arizona
  • Zip/Postal Code 85225
  • Area Las Casitas del Sur
  • Country United States

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DISCLAIMER: The content provided herein is for informational purposes and no representation or warranty is made regarding its accuracy or completeness. Property descriptions, documents, and pictures may not accurately describe or depict the property. You are encouraged to conduct your own due diligence and seek independent professional advice if necessary.

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