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205 N Elm Street

Gilbert, AZ 85234
  • $4,250,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 6396421
UPDATED: 20 min ago
$4,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1972
County:
Area:

School Information

Elementary School:
High School:

Description

Sale includes 3 buildings with 3 addresses: 205, 217, 221 N Elm St. Renovated in 2018 and located directly next to Down Town Gilbert. For more information, see Offering Memorandum in documents tab. Includes more photos, T12 financials and current rent roll as of 5/2/22.

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© 2022 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 The Copa Team | The Maricopa Real Estate Company. Data last updated 2022-05-19T20:22:57.787.
www.findmaricopa.com/homes/128508336
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205 N Elm Street Gilbert, AZ 85234

  • Price: $4,250,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 20 min ago
  • MLS #: 6396421
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1972
Built
Neighborhood:
Gilbert
County:
Maricopa
Area:
Gilbert
Elementary School:
Houston Elementary School
Middle School:
Gilbert Junior High School
High School:
Gilbert High School
School District:
041 - Gilbert Unified District
Property Description
Sale includes 3 buildings with 3 addresses: 205, 217, 221 N Elm St. Renovated in 2018 and located directly next to Down Town Gilbert. For more information, see Offering Memorandum in documents tab. Includes more photos, T12 financials and current rent roll as of 5/2/22.
Exterior Features

Construction BrickFrame - Wood Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Cable Tv AvailableGreen LandscapingPartially Fenced Lot Size Dimensions .58AC Parking 1 Space/UnitPaved Parking Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 787 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included DishwasherDisposalF/S Oven/RangeMicrowaveRefrigeratorW/D HookupWasher/Dryer Cooling Ceiling Fan(S)Electric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Vinyl Heating ElectricIndividual Interior Amenities Fire/Smoke Alarm(S)Mini BlindsUnfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1531.00 2 Bedroom Units 12 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 216518.40 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Cross Street Gilbert Rd & Elliot Rd Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Master MeterSw Gas Gross Annual Sch Inc 220500.00 Hoa YN No Net Operating Income 175127.23 New Financing 1031 ExchangeConventional Operating Exp 1314.00 Other Income 5040.00 Owner Pays GasLandscapingSewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Land & BuildingPersonal Property Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Gilbert Taxes 1314.00 Tenant Pays Cable TvElectric Vacancy Allowance 0.04 Water City FranchiseMaster Meter Zoning Ra3

Listing provided by June Street Advisors: .


© 2022 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 The Copa Team | The Maricopa Real Estate Company. Data last updated 2022-05-19T20:22:57.787.
 
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The Copa Team | The Maricopa Real Estate Company
21300 N John Wayne Pkwy, Ste 101
Maricopa AZ, 85139-8964