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.
Features of 165 E Lexington Avenue
| MLS® # | 7066549 |
|---|---|
| Price | $635,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Square Footage | 2,106 |
| Acres | 0.03 |
| Year Built | 2021 |
| Type | Residential |
| Sub-Type | Townhouse |
| Style / Architecture | Contemporary |
| Status | Active |
Community Information
| Address | 165 E Lexington Avenue |
|---|---|
| Subdivision | ASPIRE AT HERITAGE DISTRICT |
| City | Gilbert |
| County | Maricopa |
| State | AZ |
| Zip Code | 85234 |
Amenities
| Amenities / Community Features | Pool, Gated, Near Bus Stop, Biking/Walking Path |
|---|---|
| Utilities | SRP |
| Parking Spaces | 2 |
| Parking | Garage Door Opener, Direct Access |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, Kitchen Island, Pantry, 3/4 Bath Master Bdrm |
|---|---|
| Appliances | Refrigerator, Dishwasher, Electric Cooktop |
| Heating | Electric |
| Cooling | Central Air, Ceiling Fan(s), Programmable Thmstat |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Patio |
|---|---|
| Lot / Property Description | North/South Exposure, Desert Back |
| Unit Style | Two Levels, Two Common Walls |
| Windows | Low-Emissivity Windows, Dual Pane, Vinyl Frame |
| Roof | Built-Up |
| Construction | Brick Veneer, Stucco, Wood Frame, Painted |
School Information
| District | Gilbert Unified District |
|---|---|
| Elementary | Neely Traditional Academy |
| Middle | Mesquite Jr High School |
| High | Gilbert High School |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Four Peaks Property Management LLC |
|---|