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Bob Nathan

bob.nathan@engelvoelkers.com +1(480) 695-6031

$ 575,000

Est. payment -/mo

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Price Dropped by $20K

142 W IVANHOE Place Chandler, AZ 85225

3 Beds

2 Baths

1,619 SqFt

UPDATED:

09/18/2024 05:27 PM

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

Listed by HomeSmart

Bob Nathan

Global Private Office Advisor & Associate Broker | License ID: BR006110000

+1(480) 695-6031

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