Basics
Date added Added 2 years ago | Category Multifamily | Type 4 Plex | Status Active |
Year built 1952 | Days On Market 0 | List Price/SqFt 170.71 | County Pima |
List Number Main 22322436 | Lot Acres 0.26 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions 170x70x170x70 |
View None | Attached/Detached Attached | MLS ID 22322436 |
Description
-
Description:
GREAT INCOME OPPORTUNITY! Fully rented 4-plex in central location. All 5 bathrooms newly renovated since Oct 2016, new roofs under 10 yr warranty since then. All underground plumbing was replaced & extensive electrical work done to bring everything up to code. Owner pays water & trash only- averages $300/month for the whole property. Tenants pay electric & gas (separately metered). Unit 1 is a 2 bedroom and 2 bathrooms with 1127 Sq. Ft. Unit #2 is a Studio with 1 bathroom. The rent is $700 a month. Unit #3 is a 1 bedroom and 1 bathroom and rented for $875 a month. Unit # 4 is a 2 bedroom with 1 bathroom and is rented for $700 a month. All leases are (month to month).
- Legal Description: VISTA DEL MONTE TRACT AMENDED LOT 25 & N10'LOT 26 BLK B
Rooms
- Sauna Level: TUSD
- Breakfast: Area
- Dining Areas: Eat-In Kitchen
- Dining Room: Area
- Extra Room: None
Location
- Directions: Grant Road/Columbus Blvd., North on Columbus Blvd to property.
Building Details
- Lot Features: Subdivided
- Floor covering: Ceramic Tile, Vinyl
- Roof: Built-up
- Construction: Brick
- Style: Ranch
- Fence: Wood
- Construction Status: Existing
Miscellaneous
- Compensation Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
- UnBranded Virtual Tour: Owner, Single
- Special Listing Conditions: None
- Ownership: Individual
- Subdivision Name: Vista Del Monte Tract
- Co-op Fee: $3
- Unit 2 Details: Rent: 700
- Landscape - Front: Other: Low Care
- Utilities: Owner, Tenant
- Direction: N
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Low Care
- Driveway: Paved: Electric Range
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Fema Flood Zone: No
- Assessments: $0
- Section: 34
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 110-08-0610
- Range: 14.00
- Property Disclosures: Military Airport Vct,Seller Prop Disclosure
- Road Type: Paved
- Road Maintenance: City
- Technology: Cable TV,Pre-Wired Tele Lines
- Terms: Cash,Conventional,FHA Loan,VA Loan
- Income: Gross Scheduled Rent: 39300.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $4,640
- Analysis: Cap Rate %: 8.35, 10.56
- Analysis: Gross Rent Multi: 10.56
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 1.91 sq ft
- Analysis: Exp % of Gross: 11.81
Listing Office
- Listing Office ShortId: 5791
- ListingOfficeName: OMNI Homes International
- Listing Office Phone: (520) 275-4077
- Listing Office Address: 1050 E River Rd No. 302, Tucson, AZ 85718
- Listing Office Url: http://omnihomesinternational.com
- Listing Member Phone: (520) 490-4000, 6204
Units Information
- Unit 1 Details: Rent: 1000
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 1127
- Unit 1 Details: # Bedrooms: 2
- Unit 1 Details: # Full Baths: 2
- Unit 1 Details: # Half Baths: 0
- Unit 1 Information: Parking: Single
- Unit 2 Details: # Bedrooms: 1
- Unit 2 Details: # Full Baths: 1
- Unit 2 Details: # Half Baths: 0
- Unit 2 Details: SqFt: 386
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Property, On Property
- Unit 3 Information: Monthly Rent: 875
- Unit 3 Details: SqFt: 453
- Unit 3 Details: # Bedrooms: 1
- Unit 3 Information: Occupancy: Yes
- Unit 3 Information: Furnished: No
- Unit 4 Details: Rent: 700
- Unit 4 Details: SqFt: 453
- Unit 4 Details: # Full Baths: 1, 1
- Unit 4 Details: # Bedrooms: 2
- Unit 4 Information: Occupancy: Yes
- Unit 4 Information: Floor: 1st
- Unit 4 Information: Furnished: No
- Unit 4 Information: Parking: On Property
Amenities & Features
- Interior Features: No
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- Laundry: Storage
- Main Cooling: None
- Main Heating: Forced Air,Natural Gas
- Patio/Deck: Patio
- Pool: None
- RV Parking: Space Available
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Natural Gas
- Window Covering: Some
- Gas: Natural
- Total Parking: 10
Nearby Schools
- High School: Catalina
- Middle School: Doolen
- Elementary School: Whitmore
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $2,240
- Expenses: Management: $0
- Expenses: Water/Sewer: $300
- Expenses: Contract Services: $600
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $1,500
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $0
- Taxes: $2,229.18