129 N ELM Street, Gilbert, AZ 85234
129 N ELM Street, Gilbert, AZ 85234
129 N ELM Street, Gilbert, AZ 85234
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$873,000
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4 Beds
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129 N ELM Street Gilbert, AZ 85234

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Cooper Add

MLS Listing ID 7089046

Bedrooms 4

Year Built 1956

Annual Tax Amount $1,232

Tax Year 2025

Lot Dimensions 8,799

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Wow! Fantastic Duplex sitting in the sought after Heritage District in downtown Gilbert. Essentially in the middle of the restaurants, entertainment and nightlife. This Twin Home has 2 units that are 2-BDRM 1 bath both with separate laundry. Both units are fully leased with long term tenants . RARE DOWNTOWN GILBERT DUPLEX - 8,799 SQ FT LOT -- MF/L ZONING - REMODELED UNIT - $3,095/MONTH CURRENT RENTS -PRIVATE YARDS -- 633 SQ FT GARAGE. Unit A has been fully remodeled and is approximately 756 Sq. Ft.! Unit B s approximately 1021 Sq. Ft.. The additional value in is the location, this is a rare downtown Gilbert land/property holding that produces $37,140/year in rents with long-term redevelopment potential. See Document Tab for additional property information. Do not Disturb Tenants!!

Location

State AZ

County Maricopa

Community Cooper Add

Area Maricopa

Zoning MF/L ZONING

Direction NORTH OF ELLIOT ON GILBERT RIGHT ON COLLUMBER SOUTH ON ELM TO PROPERTY

Interior

Heating Natural Gas

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Ceramic Tile

Appliance Free-Standing Range, Disposal, Refrigerator, Washer/Dryer, W/D Hookup

Exterior

Parking Features Attached Garage, Attached Carport, Paved, >1 Space Per Unit, Carport

Community Features Other

Roof Type Composition,Rolled/Hot Mop

Garage Yes

Private Pool No

Building

Sewer Public Sewer, Sewer-In & Connected

Water City Franchise

New Construction No

Schools

Elementary Schools Burk Elementary School

Middle Schools Mesquite Jr High School

High Schools Gilbert High School

School District Gilbert Unified District

Others

Senior Community No

Tax ID 304-11-011

Ownership Fee Simple

Acceptable Financing Cash, No Carry, Conventional, 1031 Exchange

Disclosures Seller Prop Disc Stm

Listing Terms Cash, No Carry, Conventional, 1031 Exchange


Arizona Regional MLS (ARMLS)
Listed by New Perspective Realty • Dale Douglas

NEARBY SCHOOL & BUSINESS

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Brandon DuFour

Brandon DuFour

Agent

+1(480) 447-2303

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129 N ELM Street