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Christopher Vlad · HomeSmart

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Buy a houseat 142 W IVANHOE Place, Chandler, AZ 85225

$595,000

$0/mo

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Residential

1,619 Sq. Ft.

7,396 Sq. Ft. lot

3 Bedrooms

2 Bathrooms

180 Days on market

6711592 MLS ID

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About 142 W IVANHOE Place house

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.
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.

Property details

Association amenities

None

Construction materials

Block

Current financing

Conventional

Fencing

Block

Fireplace features

None

Flooring

Carpet

Laminate

Heating

Electric

Lock box type

None

Pool features

None

Possession

Close Of Escrow

Subject To Tenant Rights

Roof

Composition

Sewer

None

Spa features

None

Monthly cost

Estimated monthly cost

$3,742/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Mar 29, 2022

Price

$385,000

Date

Jun 4, 2018

Price

$258,000

DatePrice
Mar 29, 2022$385,000
Jun 4, 2018$258,000

Schools

This home is within the Chandler Unified District #80 (4242).

Chandler enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$559,300

+$17,850

$577,150

Seller agent commission$17,850 (3%)*

$0 (0%)

Buyer agent commission$17,850 (3%)*

$17,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Unreal Estate checked: Sep 10, 2024 at 6:30 a.m.

Data updated: Sep 3, 2024 at 3:49 p.m.

Courtesy of HomeSmart
This content last updated on 09/03/2024. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Listing Information © 2024 Arizona Regional Multiple Listing Service, Inc.

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