165 E LEXINGTON Avenue, Gilbert, AZ 85234
165 E LEXINGTON Avenue, Gilbert, AZ 85234
165 E LEXINGTON Avenue, Gilbert, AZ 85234
165 E LEXINGTON Avenue, Gilbert, AZ 85234
165 E LEXINGTON Avenue, Gilbert, AZ 85234
165 E LEXINGTON Avenue, Gilbert, AZ 85234
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$ 635,000
Est. payment | /mo

3 Beds

2.5 Baths

2,106 SqFt


Save
$ 635,000
Est. payment | /mo
Save

3 Beds

2.5 Baths

2,106 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,106 sqft

Price per Sqft $301

Subdivision Aspire At Heritage District

MLS Listing ID 7066549

Style Contemporary

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Fees $280/mo

HOA Y/N Yes

Year Built 2021

Annual Tax Amount $2,825

Tax Year 2025

Lot Size 1,500 Sqft

Acres 0.03

Property Sub-Type Townhouse

Source Arizona Regional Multiple Listing Service (ARMLS)

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.

Location

State AZ

County Maricopa

Community Aspire At Heritage District

Area Maricopa

Direction DOWNTOWN GILBERT HERITAGE DISTRICT, TURN EAST ON VAUGHN (AT OHSO/CULINARY) TO END OF THE STREET.

Rooms

Other Rooms Loft

Master Bathroom Double Sink

Master Bedroom Upstairs

Den/Bedroom Plus 4

Separate Den/Office N

Interior

Interior Features High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, Kitchen Island, Pantry, 3/4 Bath Master Bdrm

Heating Electric

Cooling Central Air, Ceiling Fan(s), Programmable Thmstat

Flooring Carpet, Tile

Fireplace No

Window Features Low-Emissivity Windows,Dual Pane,Vinyl Frame

Appliance Refrigerator, Dishwasher, Electric Cooktop

SPA None

Laundry Upstairs Laundry, Wshr/Dry HookUp Only

Exterior

Parking Features Garage Door Opener, Direct Access

Garage Spaces 2.0

Garage Description 2.0

Fence None

Community Features Pool, Gated, Near Bus Stop, Biking/Walking Path

Utilities Available SRP

Roof Type Built-Up

Porch Patio

Total Parking Spaces 2

Private Pool No

Building

Lot Description North/South Exposure, Desert Back

Story 2

Builder Name Aspire Builders

Sewer Public Sewer

Water City Water

Architectural Style Contemporary

New Construction No

Schools

Elementary Schools Neely Traditional Academy

Middle Schools Mesquite Jr High School

High Schools Gilbert High School

School District Gilbert Unified District

Others

HOA Name ASPIRE

HOA Fee Include Maintenance Grounds,Maintenance Exterior

Senior Community No

Tax ID 304-15-891

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA

Horse Property N

Disclosures Other (See Remarks)

Possession Close Of Escrow

Listing Terms Cash, Conventional, FHA

Arizona Regional MLS (ARMLS)
Listed by Four Peaks Property Management LLC • Blaine l Jarvis

Nearby Locations

GET MORE INFORMATION

Jena Gable
Jena Gable

Partner | Lic# SA559348000

+1(623) 693-6829

17235 N 75th C-190, Glendale, AZ 85308

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165 E LEXINGTON Avenue