Bedrooms:
3
Bathrooms:
2
Square Feet:
1,619 sqft
For Sale
Virtual Tour of 142 W Ivanhoe Place , Chandler 85225
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.
General Information
Price:
$575,000
Status:
Active
Listing Updated:
9/18/2024
List Date:
5/29/2024
Close Date
Square Feet:
1,619
Bedrooms:
3
Bathrooms:
2
Garage Spaces:
0.00
Year Built:
1961
Builder Name:
Unknown
Subdivision:
Thunderbird Manor Lots 1-22 Trs A & B
City:
Chandler
Zip:
85225
County:
Maricopa
HOA Y/N:
No
HOA Fee:
$0
HOA Paid Frequency:
HOA Transfer Fee:
Taxes:
$962
Tax Year:
2023
MLS ID:
6711592
Listing Attribution:
HomeSmart
Property Features
Interior Features
Full Bth Master Bdrm
Exterior Features
Flooring
Carpet, Laminate
Laundry
Fireplace Features
None
Cooling
Refrigeration
Heating
Electric
Utilities
Pool
None
Spa
None
Construction Finish
Painted, Block
Roofing
Composition
Water
City Water
Sewage
None
Fencing
Block
School Information
High School:
Chandler High School
High School District:
Chandler Unified District
Middle School:
Bogle Junior High School
Elementary School:
Hartford Sylvia Encinas Elementary
Elementary School District:
Chandler Unified District
Community Information
Subdivision:
Thunderbird Manor Lots 1-22 Trs A & B
Lot Information
Lot Size (sq feet):
7,396
Lot Features:
Grass Front
Fencing:
Block
Location Information
Directions:
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.
Cross Street:
Ray And Arizona Ave
Map:
View on Map
Current Market Comparison
Subject
Active
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles
Subject Property
142 W Ivanhoe Place Chandler AZ 85225
Property Type:
Single Family - Detached
Bedrooms:
3
Bathrooms:
2
Interior SqFt:
1619
Interior Stories:
1
Year Built:
1961
86 Closed Properties
Lowest Price: $385,000
Median Price: $510,000
Highest Price: $1,025,000
Address
Distance/Miles
Closed Price
Details
75 Active Properties
Lowest Price: $390,000
Median Price: $525,000
Highest Price: $1,274,000
Address
Distance/Miles
Active Price
Details
