Basics
| Date added Added 2 years ago | Category Multifamily | Type 3 Plex | Status Active |
| Year built 1947 | Days On Market 1 | List Price/SqFt 222.88 | County Pima |
| List Number Main 22406861 | Lot Acres 0.26 acres | Municipality/Zoning Tucson - 03 | Lot Dimensions 160 x 74. 5 x 10' Easement |
| View None | Attached/Detached Detached | MLS ID 22406861 |
Description
-
Description:
A profitable three unit close to the University of Arizona Campus & downtown Tucson! Total of 3 units: a duplex and a single family home. Unit A is 4 bedrooms, 3 bathrooms generating $2,700 in rents. Unit B is 2 bedrooms and 2 bathrooms and makes $1,450 a month. Unit C is 4 bedrooms, 3 bathrooms and makes $2,299 a month. All in amazing condition and updated. Lots of parking and gated entry for extra security. Within walking and biking distance to the U of A makes this ideal for college students. Amazing cap rate, fully occupied with leases in place and a high return. This hard to find investment property is turn key. PLEASE DO NOT DISTURB CURRENT TENANTS! Units will be shown with an accepted offer or during showing window on Saturday.
- Legal Description: Monterey Amended Lots 14,15,16,& 17 except N 915 & except W3 of Lot 13 and 10' Easement on Lot 18
Rooms
- Sauna Level: TUSD
- Breakfast: None
- Dining Areas: Eat-In Kitchen
- Dining Room: Area
- Extra Room: None
Location
- Directions: East on Speedway, North on N Moutain Ave, left on East Lester St, Right on N Santa Rita Ave, right on easement to property.
Building Details
- Lot Features: North/South Exposure
- Floor covering: Ceramic Tile, Concrete, Vinyl
- Roof: Rolled
- Construction: Frame - Stucco
- Style: Contemporary
- 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: Speedway Addition NO. 1
- Co-op Fee: $3
- Unit 2 Details: Rent: 1450
- Landscape - Front: Other: Low Care
- Utilities: Owner, Tenant
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEp
- Landscape - Rear: Other: Low Care,None
- Driveway: Paved: Breakfast Bar,Dishwasher,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Fema Flood Zone: Yes
- Assessments: $0
- Section: 6
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 123-11-054B
- Range: 14.00
- Property Disclosures: Leases
- Road Type: Gravel,Paved
- Road Maintenance: City
- Technology: Cable TV,High Speed Internet,Telephone
- Terms: Cash,Conventional,FHA Loan,VA Loan
- Income: Gross Scheduled Rent: 77388.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $3,360.06
- Analysis: Cap Rate %: 9.87, 9.69
- Analysis: Gross Rent Multi: 9.69
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 1.00 sq ft
- Analysis: Exp % of Gross: 4.34
Listing Office
- Listing Office ShortId: 52964
- ListingOfficeName: eXp Realty
- Listing Office Phone: (888) 897-7821
- Listing Office Address: One South Church Ave, # 1200, Tucson, AZ 85701
- Listing Office Url: http://https://www.exprealty.com
- Listing Member Phone: (520) 488-2982, 65386
Units Information
- Unit 1 Details: Rent: 2700
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 1306
- Unit 1 Details: # Bedrooms: 4
- Unit 1 Details: # Full Baths: 3
- Unit 1 Details: # Half Baths: 0
- Unit 1 Information: Parking: Single
- Unit 2 Details: # Bedrooms: 2
- Unit 2 Details: # Full Baths: 2
- Unit 2 Details: # Half Baths: 0
- Unit 2 Details: SqFt: 1030
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Property, On Property
- Unit 3 Information: Monthly Rent: 2299
- Unit 3 Details: SqFt: 1029
- Unit 3 Details: # Bedrooms: 4
- Unit 3 Details: # Half Baths: 0
- Unit 3 Information: Occupancy: Yes
- Unit 3 Information: Furnished: No
- Unit 4 Details: # Full Baths: 3
Amenities & Features
- Interior Features: No
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- RV Parking: Other: no
- Assoc Amenities: None
- Laundry: Laundry Closet
- Main Cooling: Central Air
- Main Heating: Forced Air
- Patio/Deck: None,Patio
- Pool: None
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Electric
- Window Covering: Stay
- Gas: Natural
- Total Parking: 0
Nearby Schools
- High School: Catalina
- Middle School: Doolen
- Elementary School: Blenman
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $3,360.06
- Expenses: Management: $0
- Expenses: Water/Sewer: $0
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $0
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $0
- Taxes: $3,360.06