Listing Courtesy of: Christopher Vlad - HomeSmart
602-230-7600
$575,000
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142 W IVANHOE Place Chandler, AZ 85225
Single Family
Residence
3
Beds
2
Baths
1,619
Sq. Ft.
0.17
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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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 t...enant 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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MLS#
6711592
Property Type
Single Family
Bedrooms
3
Bathrooms
Year Built
1961
Square Feet
1,619
sq. ft
Lot Size
0.17
Sewer
No Sewer
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