For Sale Townhome MLS# 7066549

165 E LEXINGTON Avenue

Gilbert, AZ 85234

$635,000

arizona-regional-mls-rsd logo

Listing Office

Officearizona-regional-mls-rsd logoFour Peaks Property Management LLC
AgentBlaine l Jarvis
Phone480-203-4348

About 165 E LEXINGTON Avenue

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.

Property details

Property

Type
Townhouse
MLS type
Townhouse
Status
Active
Year built
2021
Stories
2
Living area
2,106 sqft
Price / sqft
$302
Lot
0.03
Original price
$635,000
MLS #
7066549

Interior

Features
Central Air, Ceiling Fan(s), Programmable Thmstat, High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, Kitchen Island, Pantry, 3/4 Bath Master Bdrm, Electric, Upstairs Laundry, Wshr/Dry HookUp Only, Carpet, Tile
Flooring
Carpet, Tile
Heating
Electric
Cooling
Central Air, Ceiling Fan(s), Programmable Thmstat
Laundry
Upstairs Laundry, Wshr/Dry HookUp Only
Windows
Low-Emissivity Windows, Dual Pane, Vinyl Frame

Exterior & lot

Features
Contemporary, Garage Door Opener, Direct Access
Construction
Brick Veneer, Stucco, Wood Frame, Painted, Built-Up, Low-Emissivity Windows, Dual Pane, Vinyl Frame
Roof
Built-Up
Lot
30415891
Parking
Garage Door Opener, Direct Access
Garage spaces
2

Schools

District
Gilbert Unified District
Elementary
Neely Traditional Academy
Middle
Mesquite Jr High School
High
Gilbert High School

Utilities

Utilities
Public Sewer, City Water
Water
City Water
Sewer
Public Sewer

Financial

HOA
Yes
Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$2,825
Tax year
2025
Parcel
30415891

Location

Subdivision
ASPIRE AT HERITAGE DISTRICT
County
Maricopa
Community
Maricopa, Maintenance Grounds, Maintenance Exterior, 280.0, Monthly, Arizona Regional Multiple Listing Service 2, Gilbert Unified District
Directions
DOWNTOWN GILBERT HERITAGE DISTRICT, TURN EAST ON VAUGHN (AT OHSO/CULINARY) TO END OF THE STREET.

Location

Neighborhood
ASPIRE AT HERITAGE DISTRICT
School district
Gilbert Unified District

Interested in this home?

Questions on 165 E LEXINGTON Avenue, Gilbert, AZ 85234, or want to see it in person?

The Anderson Team · (480) 900-9140

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