Basics
| Date added Added 1 year ago | Category Multifamily | Type 4 Plex | Status Active |
| Year built 1980 | Days On Market 1 | List Price/SqFt 249.06 | County Pima |
| List Number Main 22417538 | Lot Acres 0.29 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions irregular |
| View None | Attached/Detached Detached | MLS ID 22417538 |
Description
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Description:
Fully Occupied Multi Family Income Property in Tucson Az. Two duplexes; single story buildings on one lot. Units are 2 bedroom 1 bath with tile floors, tile tub surrounds, washer dryer hookups, air conditioning, fenced yards, covered parking, and individually metered for water, gas, electric; tenants pay all utilities. Conveniently located near Tucson Marketplace (Costco, Walmart, Cinemark, National Corporate Offices), close to downtown and the University, with easy access to Interstate 10. Do not disturb tenants. Tenant rights and leases prevail; please review Arizona Residential Landlord Tenant Act. Showings scheduled for parties to an accepted offer. Gross Monthly Income over $4K. Submit prequalification of loan documents and/or bank proof of funds with offer.
- Legal Description: KINGS HIGHWAY AMENDED LOTS 6 & 7 BLK 11
Rooms
- Sauna Level: TUSD
- Kitchen Features: Countertops: laminate
- Breakfast: None
- Dining Areas: Breakfast Nook
- Dining Room: None
- Extra Room: None
Location
- Directions: Start Tucson Marketplace Blvd/S Kino Parkway. Head North on S Kino Parkway for 1 mile, Left onto E Silverlake Rd for .2 mile, Left onto S Mountain Ave for .2 mile, Right onto E 25th St for 262ft, Left onto Highland Ave for 200ft, destination on your Right.
Building Details
- Lot Features: East/West Exposure
- Floor covering: Ceramic Tile
- Roof: Shingle
- Construction: Frame - Stucco
- Style: Modern
- Fence: Chain Link
- 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: Kings Highway Amd
- Co-op Fee: $2
- Unit 2 Details: Rent: 1142
- Landscape - Front: Other: Low Care
- Utilities: Tenant, Tenant
- Direction: S
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Low Care
- Driveway: Paved: Double Sink,Electric Range,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: None
- Fema Flood Zone: TBD
- Assessments: $0
- Section: 19
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 129-10-117D
- Range: 14.00
- Property Disclosures: Unknown
- Road Type: Paved
- Road Maintenance: City
- Technology: Cable TV,High Speed Internet
- Terms: Cash,Conventional
- Income: Gross Scheduled Rent: 30300.00
- Income: Vacancy Loss: 631.00
- Income: Other Income: 0.00
- Income: Total Expenses: $10,115
- Analysis: Cap Rate %: 2.96, 22.25
- Analysis: Gross Rent Multi: 22.25
- Analysis: Vacancy Rate %: 2.08
- Analysis: Exp/SqFt: 3.82 sq ft
- Analysis: Exp % of Gross: 34.09
Listing Office
- Listing Office ShortId: 5835
- ListingOfficeName: Avenida Realty
- Listing Office Phone: (520) 333-7388
- Listing Office Address: 2920 W Avenida Cresta, Tucson, AZ 85745
- Listing Member Phone: (520) 352-9949, 31314
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: 725
- 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: 725
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: Carport, Carport
- Unit 3 Information: Monthly Rent: 1000
- Unit 3 Details: SqFt: 725
- Unit 3 Details: # Bedrooms: 2
- Unit 3 Details: # Half Baths: 0
- Unit 3 Information: Floor: 1st
- Unit 3 Information: Occupancy: Yes
- Unit 3 Information: Furnished: No
- Unit 4 Details: Rent: 1000
- Unit 4 Details: SqFt: 725
- Unit 4 Details: # Full Baths: 1, 1
- Unit 4 Details: # Bedrooms: 2
- Unit 4 Details: # Half Baths: 0
- Unit 4 Information: Occupancy: Yes
- Unit 4 Information: Floor: 1st
- Unit 4 Information: Furnished: No
- Unit 4 Information: Parking: Carport
Amenities & Features
- Interior Features: Smoke Detector
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- Assoc Amenities: None
- Laundry: Outside
- Main Cooling: Central Air
- Main Heating: Forced Air,Natural Gas
- Patio/Deck: None
- Pool: None
- RV Parking: Space Available
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Natural Gas
- Window Covering: None
- Gas: Natural
- Total Parking: 8
Nearby Schools
- High School: Tucson
- Middle School: Safford K-8 Magnet
- Elementary School: Borton
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $1,315
- Expenses: Management: $4,800
- Expenses: Water/Sewer: $0
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $2,500
- Expenses: Insurance: $1,500
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $0
- Taxes: $1,205.06