Gilbert, AZ 85233,122 W WASHINGTON Avenue
Gilbert, AZ 85233,122 W WASHINGTON Avenue
Gilbert, AZ 85233,122 W WASHINGTON Avenue
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$400,000
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5 BD
3 BA
1,124 SqFt
Open Sat 12PM-1:30PM

122 W WASHINGTON Avenue Gilbert, AZ 85233

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OPEN HOUSE

Sat Jan 18, 12:00pm - 1:30pm

UPDATED:

01/13/2025 08:56 PM

Key Details

Property Type Single Family Home

Sub Type Single Family - Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,124 sqft

Price per Sqft $355

Subdivision Lacy Tract Blk 9

MLS Listing ID 6803694

Bedrooms 5

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1937

Annual Tax Amount $1,144

Tax Year 2024

Lot Size 6,500 Sqft

Acres 0.15

Property Description

Discover a unique opportunity to own a piece of historic charm in the heart of Downtown Gilbert! This delightful property offers not one, but two homes on the same lot, making it an ideal choice for savvy investors, first-time buyers, or those seeking a multi-generational living arrangement.

Main House Features:
3 Bedrooms & 1.5 Bathrooms 1,124 square feet.
Cozy yet spacious living areas with character-rich details.
A single-car carport for convenient parking.
Perfect for a small family or those looking to make this gem their own.
Guest House Features: 750 square feet
2 Bedrooms & 1 Bathroom
Separate entry and utilities for added privacy and independence.
Ideal for rental income, extended family, or a private workspace. Prime Location: Just steps away from Downtown Gilbert's bustling dining, entertainment, and shopping scene.
Dual Utility Setup: Both homes are separately metered for electricity and water, offering flexibility and easy management. Shared trash service simplifies maintenance.
Investment Opportunity: With both homes tenant-occupied, you can start earning income immediately.
Important Notes:
The main house features variations in floor levels, adding a touch of character to the layout.

This is a rare chance to own a property in one of the most sought-after areas of Gilbert, with endless potential to customize or maintain as an income-generating asset.
Current tenants are month to month.
All facts and figures are approximate buyer verify MLS information
Drive by only do not disturb tenants
Don't miss your chance to own this incredible property in the heart of Downtown Gilbert.

Location

State AZ

County Maricopa

Community Lacy Tract Blk 9

Rooms

Other Rooms Guest Qtrs-Sep Entrn

Guest Accommodations 750.0

Den/Bedroom Plus 5

Separate Den/Office N

Interior

Interior Features Eat-in Kitchen, High Speed Internet

Heating Natural Gas

Cooling Both Refrig & Evap

Fireplaces Number No Fireplace

Fireplaces Type None

Fireplace No

SPA None

Laundry WshrDry HookUp Only

Exterior

Exterior Feature Storage, Separate Guest House

Parking Features Detached

Carport Spaces 1

Fence Chain Link

Pool None

Community Features Historic District

Amenities Available None

Roof Type Composition

Private Pool No

Building

Lot Description Alley, Desert Front

Story 1

Builder Name unknown

Sewer Sewer in & Cnctd, Public Sewer

Water City Water

Structure Type Storage, Separate Guest House

New Construction No

Schools

Elementary Schools Gilbert Elementary School

Middle Schools Gilbert Classical Academy 7-12

High Schools Gilbert Classical Academy High School

School District Gilbert Unified District

Others

HOA Fee Include No Fees

Senior Community No

Tax ID 302-18-077

Ownership Fee Simple

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Horse Property N

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan


Arizona Regional MLS (ARMLS)
Listed by Grace CRE

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agent

Lisa Swank

Agent | SASA639823000

+1(480) 223-8056

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122 W WASHINGTON Avenue