Movoto Real Estate
Sold on 10/20/2017

36 E Vaughn Ave #1, Gilbert, AZ 85234

  • $321,000

    Last sold 10/20/2017 after 198 Days

  • 6

    bed

  • 4

    bath

Multi-family not for sale
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About 36 E Vaughn Ave #1

Property type Multi-family
Neighborhood
Year built 2005
HOA fee $0/month
Property description
From the Patio see the nearby Historic Downtown Gilbert! Community has an HOA which includes the common area, sewer, water, and trash. Units are individually metered for electric. Includes (2) 3BD/2BA Units. Rents are easily raised. Property is FULLY occupied! There is still room to raise the rents higher. Here is an opportunity to own a 3 bedroom duplex with newer construction and in an AMAZING location! If this Property is showing ACTIVE this means that it is available. See Document tab for CURRENT RENT ROLE and Year to Date operating numbers. Buyer to verify all financials, zoning, measurements and all items of concern prior to Close.
Listed by
Listing Agent - Linda S Gerchick
Listing Office - Gerchick Real Estate
Source: ARMLS mls logo
MLS#5585891 • last updated 7 years ago
Movoto checked ARMLS for data Just now
Overview
Cooling/AC Ceiling Fan(s), Electric, Individual
Heating Individual, Electric
MLS # 5585891
Type Multiple Dwellings
Status Closed
Property Tax 2016
Year Built 2005
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, W/D Hookup
Exterior
Roof Tile
Construction Wood Frame, Painted, Stucco
Parking Paved, Assigned, Add'l Parking Avail, >1 Space Per Unit, Carport
# of Open Parking Spaces 2
# of Covered Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision VAUGHN MANOR CONDOMINIUM AMD
Community Features Barbecue, Play Area, No Pool
Elementary School Burk Elementary School
Elementary School District Gilbert Unified District
Middle School Mesquite Elementary School - Gilbert
High School District Gilbert Unified District
High School Gilbert High School
APN 304-11-366
Zoning Multi
Directions North On Gilbert Rd, East On Vaughn Ave, North On Elm St To Property.
Multifamily Details
Total # of Units 2
Expense: Operating 8365
Financial Data Source Owner, Projected Proforma, Books Shwn Accpt Ofr
Expense: Maintenance 1000
Vacancy Allowance 0.03
Expense: Insurance 1300
Net Operating Income 14885
Gross Income 23280
Expense: Professional Management 1169
Gross Scheduled Income 24000
We are not permitted to show value estimates for this property.
  • Aug 2019
    Public Records
  • Aug 16, 2019 Sold
    $10,540,000 (+3183.5%)
  • Oct 2017
    mls logo MLS # 5585891
  • Oct 20, 2017 Sold
    $321,000
  • Apr 5, 2017 Listed
    $334,500 (+11.9%)
  • Oct 2017
    Public Records
  • Oct 19, 2017 Sold
    $321,000 (-4.0%)
  • Sep 2006
    Public Records
  • Sep 28, 2006 Sold
    $299,000
  • 36 E Vaughn Ave #1
    $321K
  • Heritage District
    $453K -3% y/y
  • 85234
    $579K 0% y/y
  • Gilbert
    $639K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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