The Story

165 East Lexington Avenue

Gilbert, AZ 85234 · Townhouse

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.


Facts & Features

Property Info

Price
$635,000
Completion Year
2,021
Living Space
2,106 sq ft
Floors
2
Bedrooms
3
Bathrooms
3
Garage
2 spaces

Features & Amenities

Garage / Parking

2 spaces

Cooling

Central Air, Ceiling Fan(s), Programmable Thmstat

Heating

Electric

Appliances

Refrigerator, Dishwasher, Electric Cooktop

Flooring

Carpet, Tile

Roof

Built-Up

Lot Information

North/South Exposure, Desert Back

Water Source

City Water

Sewer

Public Sewer

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Listing Broker

Four Peaks Property Management LLC

Broker Name

Four Peaks Property Management LLC

Agent

Blaine l Jarvis