142 W IVANHOE Place Active Save Request In-Person Tour Request Virtual Tour
Chandler,AZ 85225
Key Details
Property Type Single Family Home
Sub Type Single Family - Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,619 sqft
Price per Sqft $355
Subdivision Thunderbird Manor Lots 1-22 Trs A & B
MLS Listing ID 6711592
Bedrooms 3
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1961
Annual Tax Amount $962
Tax Year 2023
Lot Size 7,396 Sqft
Acres 0.17
Property Description
Calling All Investors! Long term tenant in place currently paying $5,500 in rent until December 2024. Tenant willing to renew for minimum 12-18 month extension & Seller willing to do up to $150K seller carry back loan! Behavioral Group Home licensed up to 5 residents in Chandler AZ with long term tenant in place (Real Estate Only) - priced at over a 10% cap rate! Perfect investment opportunity or 1031 exchange opportunity to purchase a highly profitable and extremely easy rental income property. Tenant pays for utilities except solar payment. Property can be zoned for 10 with addition sq ft and fire sprinklers. The tenant has been running his business in the home since 2020. Complete rental history available including all operating expenses. Low overhead and easy rental income home.
Location
State AZ
County Maricopa
Community Thunderbird Manor Lots 1-22 Trs A & B
Direction Head south on Highway 87/Arizona Ave. Turn Right on Ivanhoe Place turn right on Oregon St turn left on Ivanhoe to home on left.
Rooms
Den/Bedroom Plus 3
Separate Den/Office N
Interior
Interior Features Full Bth Master Bdrm
Heating Electric
Cooling Refrigeration
Flooring Carpet,Laminate
Fireplaces Number No Fireplace
Fireplaces Type None
Fireplace No
SPA None
Exterior
Carport Spaces 1
Fence Block
Pool None
Amenities Available None
Waterfront No
Roof Type Composition
Private Pool No
Building
Lot Description Grass Front
Story 1
Builder Name Unknown
Sewer None
Water City Water
Schools
Elementary Schools Hartford Sylvia Encinas Elementary
Middle Schools Bogle Junior High School
High Schools Chandler High School
School District Chandler Unified District
Others
HOA Fee Include No Fees
Senior Community No
Tax ID 302-56-005
Ownership Fee Simple
Acceptable Financing Conventional
Horse Property N
Listing Terms Conventional
Special Listing Condition Owner/Agent