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Sold on 03/09/2017

36 E Vaughn Ave #10, Gilbert, AZ 85234

  • $505,000

    Last sold 03/09/2017 after 377 Days

  • 12

    bed

  • 8

    bath

Multi-family not for sale
Movoto is helping 31 homebuyers near you

About 36 E Vaughn Ave #10

Property type Multi-family
Neighborhood
Year built 2005
HOA fee $0/month
Property description
From the Balconies 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 (4) 3BD/2BA Units. PROPERTY MANAGEMENT WAS CHANGED IN MAY DUE TO PAST POOR MANAGEMENT COMPANY AND RENTS HAVE BEEN RAISED EASILY! Property is FULLY occupied! There is still room to raise the rents higher. Here is an opportunity to own a 3 bedroom fourplex with newer construction and in an AMAZING location! If this Property is showing ACTIVE this means that it is availalbe. See Document tab for CURRENT RENT ROLE and Year to Date operating numbers. Understand that this is May thru the end of Dec due to PM change. Buyer to verify all financials, zoning, measurements and all items of concern prior to C
Listed by
Listing Agent - Linda S Gerchick
Listing Office - Gerchick Real Estate
Source: ARMLS mls logo
MLS#5404867 • last updated 8 years ago
Movoto checked ARMLS for data 12 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric, Individual
Heating Individual, Electric
MLS # 5404867
Type Multiple Dwellings
Virtual Tour N/A
Status Closed
Property Tax 2467
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 4
# of Covered Spaces 4
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 304-11-375
Zoning Multi
Directions North On Gilbert Rd, East On Vaughn Ave, North On Elm St To Property.
Multifamily Details
Total # of Units 4
Expense: Operating 14665
Financial Data Source Owner, Projected Proforma, Books Shwn Accpt Ofr
Expense: Maintenance 1500
Vacancy Allowance 0.05
Expense: Insurance 2600
Net Operating Income 30575
Gross Income 44365
Expense: Professional Management 2338
Gross Scheduled Income 46700
We are not permitted to show value estimates for this property.
  • Oct 2017
    Public Records
  • Oct 19, 2017 Sold
    $640,000 (+26.7%)
  • Mar 2017
    mls logo MLS # 5404867
  • Mar 9, 2017 Sold
    $505,000 (-7.3%)
  • Feb 26, 2016 Listed
    $545,000 (-16.2%)
  • Oct 2006
    Public Records
  • Oct 6, 2006 Sold
    $650,000
  • 36 E Vaughn Ave #10
    $505K
  • 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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7/10
Burk Elementary School
public Grades PK, K-6
Gilbert Unified District
10/10
Neely Traditional Academy
public Grades PK, K-6
Gilbert Unified District
4/10
Mesquite Jr High School
public Grades 6-8
Gilbert Unified District
5/10
Gilbert High School
public Grades 7-12
Gilbert Unified District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
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  • 36 E Vaughn Ave #10
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