Off-Market Property at 685 W Shannon St, Chandler, AZ 85225
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685 W Shannon St, Chandler, AZ 85225

$450,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $244 per day and long-term for an average of $2,343 per month, based on similar listings in the area. Estimated short-term cap rate of 7.0%. Estimated long-term cap rate of -0.3%. Charming & Updated Chandler Home with Bonus Arizona Room! Welcome to 685 W Shannon St, Chandler, AZ—a beautifully updated 3-bedroom, 2-bathroom home with 1,626 sq. ft. of stylish living space. Nestled in the sought-after Thunderbird Park subdivision, this home offers modern upgrades, a spacious layout, and even . . . a bonus Arizona room for extra flexibility. Step inside to find wood-look tile flooring, upgraded ceiling fans throughout, and an open-concept living and dining area that's perfect for hosting or relaxing. The renovated kitchen boasts granite countertops, light gray cabinets with gold pulls, and stainless steel appliances, including a Samsung glass-top stove and Whirlpool side-by-side refrigerator. Plus, the mini-split cooling system in the Arizona room ensures year-round comfort. The primary suite features a step-in closet and an ensuite bath with a tile-enclosed tub/shower, while the additional bedrooms offer great space and natural light. The updated dual-pane windows help keep the home energy-efficient, and the one-car garage with RV gate access to the alley provides convenience and storage. Outside, the covered patio is ideal for enjoying Arizona sunsets, and the block-fenced backyard offers privacy and potential. With newer HVAC, a gas hot water heater, and upgraded lighting throughout, this home is move-in ready with just a touch of your personal style. =9 Updated kitchen & baths =9 Bonus Arizona room with mini-split cooling =9 Wood-look tile flooring throughout =9 RV gate + alley access =9 Low HOA & close to parks, shopping, and dining Want to see more? Ask your agent for the full photo package, video tour, 3D walkthrough, and floor plansand schedule your private showing today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$879
Bedrooms
3
Bathrooms
2
SQFT
1,626
Furnished
N/A
Year built
1961
Listing Status
Off Market
MLS
6837942

Short-term Rental Potential
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$61,200

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$276

Price/SQFT

Long-term Rental Potential
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$28,116

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,343/mo

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