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142 W Ivanhoe Place

Chandler, AZ 85225
  • $575,000
  • STATUS: Active
  • ID#: 6711592
UPDATED: 62 min ago
$575,000
  • 3
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,619
    SQFT
  • $355
    $/SQFT
Type:
Single-Family Home
Built:
1961
County:
Area:

School Information

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.

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Arizona Regional MLS logo© 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than AZ Power Team | Realty One Group Integrity. Data last updated 2024-11-05T09:13:25.403.
www.tucsonrealestate.net/homes/151053678
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142 W Ivanhoe Place Chandler, AZ 85225

  • Price: $575,000
  • Status: Active
  • On Site: Days
  • Updated: 62 min ago
  • ID#: 6711592
3
Beds
2
Baths
0
½ Baths
0.17
Acres
1,619
SQFT
$355
$/SQFT
1961
Built
Neighborhood:
Thunderbird Manor Lots 1-22 Trs A & B
County:
Maricopa
Area:
Chandler
Elementary School:
Hartford Sylvia Encinas Elementary
Middle School:
Bogle Junior High School
High School:
Chandler High School
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.
Exterior Features

Carport Spaces 1 Construction Materials PaintedBlock Covered Spaces 1 Fencing Block Horse YN No Lot Features Grass Front Open Parking Spaces 2 Pool Features None Pool Private YN No Roof Composition Spa Features None

Interior Features

Basement YN No Bedrooms Plus 3 Cook Top Electric Yes Cooling Refrigeration Fireplace Features None Fireplace YN No Heating Electric Interior Features Full Bth Master Bdrm Separate Den Office YN No

Property Features

Association Amenities None Association Fee Includes No Fees Association YN No Auction No Builder Name Unknown Current Financing Conventional Disclosures Agency Discl Req Flooring CarpetLaminate Land Lease YN No Listing Terms Conventional Ownership Fee Simple Ownership Fractional YN No PADFee YN2 No Property Attached YN No Property Sub Type Single Family - Detached Sewer None Special Listing Conditions Owner/Agent Special Listing Conditions Owner Agent Yes Tax Annual Amount 962 Tax Year 2023 Total Monthly Fee 0 Unit Style All On One Level Yes Water Source City Water

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Arizona Regional MLS logo© 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than AZ Power Team | Realty One Group Integrity. Data last updated 2024-11-05T09:13:25.403.
 
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Tucson AZ, 85704