165 E Lexington Avenue, Gilbert, AZ 85234

$635,000
3
BD
3
BA
2,106
SqFt

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List Price
$635,000
Status
ACTIVE
Days on Market
30
MLS#
7066549
City
Gilbert
Bedrooms
3
Bathrooms
3
Living SQFT
2,106
Lot Size
1,500
Acres
0.03
Year Built
2021
Type
Townhouse

Property Description

Investors--don't miss this rare opportunity! This is one of the limited homes in Aspire Heritage District currently approved for long-term rental use. With the HOA limiting the number of investment-owned rental properties, opportunities like this may be difficult to find again. Currently leased for $2,645/month through April 30, 2027, providing immediate rental income for the new owner. Important: To maintain its status as an approved Long-Term Investment Owned Unit, the home must remain leased in accordance with HOA requirements. Short-term rentals are not permitted. Buyer to verify all HOA rental requirements, restrictions, and transfer/continued eligibility provisions.

Additional Information

Taxes
$2,825
Stories
2
Living Area
2,106
Garage Spaces
2
Laundry
Washer Hookup, Upstairs Laundry
Other Rooms
Loft
Flooring
Carpet, Tile
Parking Features
Garage Door Opener, Direct Access
Spa
None
Model
ALBRIGHT
Construction
Wood Frame, Painted, Stucco, Brick Veneer
Roofing
Built-Up
Cooling
Ceiling Fan(s), Central Air, Programmable Thmstat
Heating
Electric
Architecture
Contemporary
Style
Contemporary
Builder Name
Aspire Builders
Fencing
None
Subdivision
Aspire At Heritage District
Hoa
Yes
Hoa Name
ASPIRE
Hoa Fee
$280
Hoa Fee Frequency
Monthly
Assoc Fee Includes
Maintenance Exterior, Maintenance Grounds
Community Features
Gated, Near Bus Stop, Biking/Walking Path
Water
Public
New Financing
Cash, FHA, Conventional
Elementary School
Neely Traditional Academy
Middle School
Mesquite Jr High School
High School
Gilbert High School

Courtesy of Four Peaks Property Management LLC. 480-203-4348

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