Open House: Sat, Jan 18th 12:00 PM - 1:30 PM MST

Active

122 W WASHINGTON Avenue

Gilbert AZ, 85233

$400,000


$355.87 per sqft

Active

5 Beds

3 Baths

1,124 sqft

Residential

Built in 1937

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.

6803694

MLS ID

January 11, 2025

Listed

January 15, 2025

Updated

Map

122 W WASHINGTON Avenue
Gilbert AZ, 85233

Interior Features

Total Stories

1


Bedrooms

5


Total Bathrooms

3


Interior Features

Eat-in Kitchen, High Speed Internet


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Both Refrig Evap


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.15 Acres


Exterior Features

Storage


Lot Features

Alley, Desert Front


Roof

Composition


Sewer

Sewer in Cnctd, Public Sewer

School Information

School District

Gilbert Unified District


High School

Gilbert Classical Academy High School


Elementary School

Gilbert Elementary School

Other Property Details

Taxes

$1,144


Tax Frequency

Annually


Days on Market

3


Association Amenities

None


Garage

No


Parking

Detached


View

Yes


County

Maricopa


Water Source

City Water


Pool

No


Pool Features

None

Open House Schedule

Sat, Jan 18th

12:00 PM - 1:30 PM MST

Courtesy of Grace CRE

Listing Contact: 480-375-0227 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Devin Guerrero shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 1:46 AM UTC, 1/15/2025.

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