Basics
| Date added Added 1 year ago | Category Multifamily | Type 4 Plex | Status Active |
| Year built 1963 | Days On Market 0 | List Price/SqFt 250.65 | County Pima |
| List Number Main 22408797 | Lot Acres 0.09 acres | Municipality/Zoning Tucson - C3 | Lot Dimensions 43' X 89 |
| View City,Mountain(s) | Attached/Detached Attached | MLS ID 22408797 |
Description
-
Description:
Rare opportunity to buy a 4-Plex in prime Downtown Tucson neighborhood w/ 5 off street parking spaces & easy walk to Historic 4th Avenue & Univ. of Arizona. All 4 units are vacant giving new owner a clean slate for all types of rental income possibilities. #1 is 2 bed, 1 bath, #2 is 1 bed, 1 bath, #3 is 1 bed 1 bath, #4 is 3 bed, 2 bath; so 7 bedrooms, 5 bathrooms. This historic property features many recent upgrades include: 8 new Mini-splits for heating/cooling, 3 new water heaters, all new sewer lines in basement include clean out, & new interior paint, flooring, & new appliances. Whether owner-occupying or as rentals your family & renters will love the extra heigh ceilings, city & mountain view, covered patio, large backyard w/ enclosed laundry room, new dog park nearby....
- Legal Description: From Parcel:001010010 /Tucson Hoffs Resub Of Blk 85 Lot 20
Rooms
- Sauna Level: TUSD
- Kitchen Features: Appliance Color: White
- Breakfast: Area
- Dining Areas: Breakfast Nook
- Dining Room: Area
- Extra Room: Storage
- Kitchen Features: electric
Open House
- 04/14/2413:00 to 16:00
Location
- Directions: 4th Ave & 9th Street, east to first street (Hoff), south to the property.
Building Details
- Lot Features: East/West Exposure,Subdivided
- Floor covering: Carpet, Ceramic Tile, Concrete
- Roof: Built-up, Shingle
- Construction: Concrete Block,Masonry Stucco
- Style: Modern
- Fence: Block,Chain Link,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, Two
- Special Listing Conditions: None
- Ownership: Individual
- Subdivision Name: Tucson Hoffs Resub Of Blk 85
- Co-op Fee: $3
- Unit 2 Details: Rent: 1300
- Landscape - Front: Other: Low Care
- Utilities: Owner, Owner
- Direction: N
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Low Care
- Driveway: Paved: Dishwasher,Electric Range,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: Car(s) Pad
- Fema Flood Zone: No
- Assessments: $0
- Section: 12
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 117-06-3050
- Range: 13.00
- Property Disclosures: Lead Based Paint,Seller Prop Disclosure
- Road Type: Paved
- Road Maintenance: City
- Technology: Cable TV
- Terms: Cash,Conventional,FHA Loan,VA Loan
- Income: Gross Scheduled Rent: 70800.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $12,342.31
- Analysis: Cap Rate %: 8.66, 9.53
- Analysis: Gross Rent Multi: 9.53
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 4.58 sq ft
- Analysis: Exp % of Gross: 17.43
Listing Office
- Listing Office ShortId: 2866
- ListingOfficeName: Tierra Antigua Realty
- Listing Office Phone: (520) 544-2335
- Listing Office Address: 1650 E River Rd., Suite 202, Tucson, AZ 85718
- Listing Member Phone: (520) 982-7180, 22611
Units Information
- Unit 1 Details: Rent: 1500
- Unit 1 Information: Floor: Basement
- Unit 1 Information: Furnished: Yes
- Unit 1 Information: Occupancy: No
- Unit 1 Details: SqFt: 882
- Unit 1 Details: # Bedrooms: 2
- Unit 1 Details: # Full Baths: 1
- 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: 418
- Unit 2 Information: Furnished: Yes
- Unit 2 Information: Floor: No, 2nd
- Unit 2 Information: Parking: On Property, On Property
- Unit 3 Information: Monthly Rent: 1300
- Unit 3 Details: SqFt: 459
- Unit 3 Details: # Bedrooms: 1
- Unit 3 Details: # Half Baths: 0
- Unit 3 Information: Floor: 2nd
- Unit 3 Information: Occupancy: No
- Unit 3 Information: Furnished: Yes
- Unit 4 Details: Rent: 1800
- Unit 4 Details: SqFt: 459
- Unit 4 Details: # Full Baths: 1, 1
- Unit 4 Details: # Bedrooms: 1
- Unit 4 Details: # Half Baths: 0
- Unit 4 Information: Occupancy: No
- Unit 4 Information: Floor: 2nd
- Unit 4 Information: Furnished: Yes
- Unit 4 Information: Parking: On Property
Amenities & Features
- Interior Features: Ceiling Fan(s),Smoke Detector,Vaulted Ceilings,Walk In Closets
- Exterior Features: Shed
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: Basketball Court,Street Lights
- Laundry: Dryer Included,Laundry Room,Washer Included
- Main Cooling: Central Air,Wall Unit(s)
- Main Heating: Wall
- Patio/Deck: Covered,Patio
- Pool: None
- RV Parking: Space Available
- Security: Cameras,Security Lights
- Spa: None
- Water: City Water
- Water Heater: Electric
- Window Covering: Stay
- Gas: None
- Total Parking: 5
Nearby Schools
- High School: Tucson
- Middle School: Mansfeld
- Elementary School: Roskruge
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $3,742.31
- Expenses: Management: $0
- Expenses: Water/Sewer: $1,800
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $2,000
- Expenses: Gas/Electric: $4,800
- Expenses: Maintenance Supplies: $0
- Taxes: $3,742.31