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165 E Lexington Avenue, Gilbert, AZ 85234

$635,000
  • 165 E Lexington Avenue, Gilbert, AZ 85234 Main Photo

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New to the Market Active
BEDS3 BATHS3 SQUARE FEET2,106 MLS#7066549
STATUSActive PROPERTY TYPEResidential - Townhouse SUBDIVISIONASPIRE AT HERITAGE DISTRICT SCHOOLGilbert Unified District

Property Description

Investors--dont 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.

165 E Lexington Avenue | MLS# 7066549

This townhouse located at 165 E Lexington Avenue, Gilbert, AZ 85234 is currently listed for sale with an asking price of $635,000. This property was built in 2021 and has 3 bedrooms with 2106 sq. ft. E Lexington Avenue is located in the ASPIRE AT HERITAGE DISTRICT subdivision within the Gilbert Unified District school district. Search ASPIRE AT HERITAGE DISTRICT real estate on www.arizonabest.com today.

Property Features

Property Type: Residential - Townhouse
Cooling: Ceiling Fan(s), Central Air, Programmable Thmstat
Garage: 2
Heating: Electric
Home Style: Contemporary
Lot Size: 0.03 Acres
Roof Type: Built-Up
Stories: 2.0
Taxes: $2,825
Year Built: 2021

Feature Descriptions

Assoc. Fee Includes: Maintenance Exterior, Maintenance Grounds
Community Features: Gated, Near Bus Stop, Biking/Walking Path
Days on Site: 2
Exterior: Wood Frame, Painted, Stucco, Brick Veneer
Fee HOA: 280/Monthly
Flooring: Carpet, Tile
HOA Y/N: Yes
Interior: 3/4 Bath Master Bdrm, Double Vanity, Breakfast Bar, Pantry, Kitchen Island, Granite Counters, High Speed Internet, Upstairs
Laundry: Washer Hookup, Upstairs Laundry
Parking: Garage Door Opener, Direct Access
Property Sub Type: Townhouse
Water: Public

Local Schools

High School: Gilbert High School
Middle School: Mesquite Jr High School
Elementary School: Neely Traditional Academy
School District: Gilbert Unified District

Listed By / Shown By

Listed By

Agency Name: Four Peaks Property Management LLC
Agency Phone: 480-203-4348

Shown By

Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711

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Estimated Payment

$ 1,833.86 per month $1,413.23 Principal & Interest $235.42 Property Tax $185.21 Homeowner's Insurance

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