Basics
| Date added Added 1 year ago | Category Multifamily | Type 3 Plex | Status Active |
| Year built 1937 | Days On Market 1 | List Price/SqFt 197.82 | County Pima |
| List Number Main 22411009 | Lot Acres 0.19 acres | Municipality/Zoning Tucson - HR3 | Lot Dimensions 63 x 130 x 63 x 130 |
| View Residential | Attached/Detached Detached | MLS ID 22411009 |
Description
-
Description:
Great Location near 4th avenue and downtown Tucson. One block from 4th Ave, street car, groceries, restaurants, theaters, bar/clubs and pickle ball courts. Ride the street car to the Mercado, downtown, MSA Annex, U of A main gate and more.. Two 2 bedroom units in main building. One 1 bedroom in separate building. All 3 units share washer/dryer outside back patio. Add a little TLC to this property and it should appraise for around $550K. 848 N 3rd Ave is on same tax record. Allow 48 hours for trustee to respond. Limited SPDS and No Insurance letter. No showings without accepted contract. Do NOT Disturb Tenants.
- Legal Description: From Parcel:001010010 /Tucson Lot 6 Blk 24 (502 E Second)
Rooms
- Sauna Level: TUSD
- Breakfast: None
- Dining Areas: Dining in LR/GR
- Dining Room: Area
- Extra Room: None
Location
- Directions: Speedway/Euclid, West to 3rd Ave,South to 2nd St, Property is on the corner of 3rd Ave and 2nd St
Building Details
- Lot Features: Corner Lot
- Floor covering: Carpet, Ceramic Tile, Wood
- Roof: Shingle
- Construction: Stucco Finish
- Style: Bungalow
- 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: Tenant, Single
- Special Listing Conditions: No Insurance Claims History Report,No SPDS
- Ownership: Individual
- Subdivision Name: City Of Tucson
- Co-op Fee: $3
- Unit 2 Details: Rent: 750
- Landscape - Front: Other: Low Care
- Utilities: Tenant, Tenant
- Direction: E
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Security: Other: Iron Security Door
- Landscape - Rear: Other: Low Care
- Driveway: Paved: Dishwasher,Gas Range
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: None
- Fema Flood Zone: No
- Assessments: $0
- Section: 12
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 117-03-0230
- Range: 13.00
- Property Disclosures: Lead Based Paint
- Road Type: Paved
- Road Maintenance: City
- Technology: Cable TV
- Terms: Cash,Conventional
- Income: Gross Scheduled Rent: 2100.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $2,429.75
- Analysis: Cap Rate %: -0.07, 232.86
- Analysis: Gross Rent Multi: 232.86
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 0.98 sq ft
- Analysis: Exp % of Gross: 115.70
Listing Office
- Listing Office ShortId: 538102
- ListingOfficeName: RE/MAX Professionals
- Listing Office Phone: (520) 867-4600
- Listing Office Address: 2830 N Swan Rd Ste 120, Tucson, AZ 85712
- Listing Member Phone: (520) 631-8669, 5103
Units Information
- Unit 1 Details: Rent: 900
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 1039
- 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: 2
- Unit 2 Details: # Full Baths: 1
- Unit 2 Details: # Half Baths: 0
- Unit 2 Details: SqFt: 991
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Street, On Street
- Unit 3 Information: Monthly Rent: 450
- Unit 3 Details: SqFt: 756
- Unit 3 Details: # Bedrooms: 1
- Unit 3 Details: # Half Baths: 0
- Unit 3 Information: Occupancy: Yes
- Unit 3 Information: Furnished: No
- Unit 4 Details: # Full Baths: 1
Amenities & Features
- Interior Features: Ceiling Fan(s), No
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: Paved Street
- RV Parking: Other: No
- Laundry: Outside
- Main Cooling: Central Air
- Main Heating: Forced Air,Natural Gas
- Patio/Deck: Covered
- Pool: None
- Spa: None
- Water: City Water
- Water Heater: Natural Gas
- Window Covering: Some
- Gas: Natural
- Total Parking: 0
Nearby Schools
- High School: Tucson
- Middle School: Roskruge Bilingual Magnet
- Elementary School: Roskruge
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $2,429.75
- 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: $2,429.75