Basics
Date added Added 2 years ago | Category Multifamily | Type 4 Plex | Status Active |
Year built 2003 | Days On Market 38 | List Price/SqFt 258.46 | County Pima |
List Number Main 22309618 | Lot Acres 0.17 acres | Municipality/Zoning Tucson - R3 | Lot Dimensions 50'x151'x50'x151' |
View Residential | Attached/Detached Detached | MLS ID 22309618 |
Description
-
Description:
TWO buildings, 5 tenants paying all utilities! UNDER-MARKET RENT! Leases end July 31, 2023. Separately metered. Front house 2 bedroom/1 bath with wood floors and ceramic tile throughout. High ceilings, low maintenance. Gated off-street parking, enough for 6 vehicles or more. Charming 1940 bungalow style. Rear house 3 bedroom/3 bath with ceramic tile throughout. Shared laundry room attached to rear house, AND each unit has hookups for personal machines if desired. Views of the Arizona Stadium from the front steps! Easy distance to campus and downtown. Zoned R-3. Plenty of space between units. An attractive rental opportunity. Buyer to verify all facts and figures, including those in MLS.
- Legal Description: Drakes Lots 8 & 9 Blk 27
Rooms
- Sauna Level: TUSD
- Kitchen Features: Pantry: Cabinet
- Laundry: Other: shared laundry room
- Breakfast: Eat-In
- Dining Areas: Breakfast Nook,Eat-In Kitchen
- Dining Room: Area
- Extra Room: Storage
Location
- Directions: Euclid/6th St - S to 10th - E to address
Building Details
- Lot Features: Subdivided
- Floor covering: Ceramic Tile, Wood
- Roof: Built-Up - Reflect, Shingle
- Construction: Other
- Style: Bungalow,Contemporary
- Fence: Block,Chain Link,Wrought Iron
- 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: None
- Ownership: Individual
- Subdivision Name: Drakes Addition
- Co-op Fee: $3
- Unit 2 Details: Rent: 1800
- Landscape - Front: Other: Decorative Gravel,Low Care,Shrubs,Trees
- Utilities: Tenant, Tenant
- Direction: E
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Decorative Gravel,Low Care
- Driveway: Paved: Double Sink,Gas Range,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: To Property Line
- Fema Flood Zone: No
- Assessments: $0
- Section: 7
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 124-08-2270
- Range: 14.00
- Property Disclosures: None
- Road Type: Chip/Seal
- Road Maintenance: City
- Technology: High Speed Internet
- Terms: Cash,Conventional,Submit
- Income: Gross Scheduled Rent: 36000.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $5,005.45
- Analysis: Cap Rate %: 5.58, 15.42
- Analysis: Gross Rent Multi: 15.42
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 2.35 sq ft
- Analysis: Exp % of Gross: 13.90
Listing Office
- Listing Office ShortId: 356307
- ListingOfficeName: Berkshire Hathaway HomeServices
- Listing Office Phone: (520) 332-6500
- Listing Office Address: 3001 E Skyline #133, Tucson, AZ 85718
- Listing Member Phone: (520) 404-1391, 27963
Units Information
- Unit 1 Details: Rent: 1200
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 1200
- 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: 3
- Unit 2 Details: # Full Baths: 3
- Unit 2 Details: # Half Baths: 0
- Unit 2 Details: SqFt: 1800
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Property
Amenities & Features
- Interior Features: Ceiling Fan(s),Walk In Closets
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: Paved Street,Sidewalks
- RV Parking: Other: none
- Laundry: Dryer Included,Laundry Room,Washer Included
- Main Cooling: Central Air
- Main Heating: Forced Air
- Patio/Deck: Covered
- Pool: None
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Natural Gas
- Window Covering: None
- Gas: Natural
- Total Parking: 6
Nearby Schools
- High School: Tucson
- Middle School: Mansfeld
- Elementary School: Roskruge
Fees and Taxes
- Tax Year: 2021
- Expenses: Other Expenses: $100
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $3,847.45
- 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: $1,058
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $0
- Taxes: $3,847.45