For Sale House MLS# 7088928

129 N ELM Street

Gilbert, AZ 85234

$873,000

About 129 N ELM Street

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 this home is the location, this is a rare downtown Gilbert land/property holding that produces $37,140/year in rents with long-term redevelopment potential.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1956
Stories
1
Living area
1,716 sqft
Price / sqft
$509
Lot
0.2
Original price
$873,000
MLS #
7088928

Interior

Features
Central Air, Ceiling Fan(s), High Speed Internet, Eat-in Kitchen, Full Bth Master Bdrm, Natural Gas, Laminate, Tile
Flooring
Laminate, Tile
Heating
Natural Gas
Cooling
Central Air, Ceiling Fan(s)

Exterior & lot

Features
Ranch, Attached Garage, Attached Carport
Construction
Painted, Block, Composition, Rolled/Hot Mop
Roof
Composition, Rolled/Hot Mop
Lot
30411011, Perimeter, Front Yard, Back Yard, Chain Link
Fence
Perimeter, Front Yard, Back Yard, Chain Link
Parking
Attached Garage, Attached Carport
Garage spaces
2

Schools

District
Gilbert Unified District
Elementary
Burk Elementary School
Middle
Mesquite Jr High School
High
Gilbert High School

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,232
Tax year
2025
Parcel
30411011

Location

Subdivision
COOPER ADD
County
Maricopa
Neighborhood
Cooper
Community
Maricopa, Asphalt, No Fees, Arizona Regional Multiple Listing Service 2, Gilbert Unified District
Directions
NORTH OF ELLIOT ON GILBERT RIGHT ON COLLUMBER SOUTH ON ELM TO PROPERTY

Location

Neighborhood
Cooper
Subdivision
COOPER ADD
School district
Gilbert Unified District

Ask about this property

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Listed by Dale Douglas, New Perspective Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.