Basics
Date added Added 2 years ago | Category Multifamily | Type 4 Plex | Status Active |
Year built 1978 | Days On Market 0 | List Price/SqFt 170.45 | County Santa Cruz |
List Number Main 22319929 | Lot Acres 0.88 acres | Municipality/Zoning Nogales - SFR4 | Lot Dimensions 123 x 310 x 122 x 306 |
View Mountain(s),Residential,Rural,Wooded | Attached/Detached Attached | MLS ID 22319929 |
Description
-
Description:
Pride of ownership shows throughout this multi-family property! Do not miss this opportunity if you are interested in excellent property rental income! Enjoy the country atmosphere with beautiful spacious grounds located on the outskirts of Nogales with the convenience to local markets and downtown. Property is comprised of nice size clean living space of 2 two-bedroom one-bath and 2 one-bedroom one-bath units. Each duplex has a 2 car carport space, storage closets, patios and a shared coin washer/dryer facility. Each duplex has its own address. 1st duplex (1420 E BRISTOL DR) leases through Pottinger Realty. One tenant lease ends 10/31/2023, One tenant is month to month. 2nd duplex (1651 N RIDGE DR) is rented as AirB&B. Utilities are 2 water meters, 4 electric meters and 2 septics.
- Legal Description: Sub Oakridge Lot 3
Rooms
- Sauna Level: Santa Cruz Elementary District #28
- Breakfast: Area,Bar,Eat-In
- Dining Areas: Breakfast Bar,Eat-In Kitchen
- Dining Room: None
- Extra Room: None
Location
- Directions: From Hwy. 82, app. 3 miles from Nogales, go Rt. On Bristol Dr. ( near Royal Rd Market), continue on Bristol Drive, right hand side, grey brick building with maroon trim..
Building Details
- Lot Features: East/West Exposure
- Floor covering: Carpet, Ceramic Tile, Vinyl
- Roof: Built-up
- Construction: Brick
- Style: Southwestern
- Fence: Chain Link,Slump Block
- 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: Oakridge
- Co-op Fee: $3
- Unit 2 Details: Rent: 800
- Landscape - Front: Other: Grass,Low Care,Shrubs,Trees
- Utilities: Tenant, Tenant
- Direction: E
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: Unisource
- Landscape - Rear: Other: Grass,Low Care,Shrubs,Trees
- Driveway: Paved: Breakfast Bar,Electric Range,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: To Property Line
- Fema Flood Zone: No
- Assessments: $0
- Section: 10
- Fire Protection: Included in Taxes
- Tax Code: 103-12-025B
- Range: 14.00
- Property Disclosures: Insurance Claims History Report,Seller Prop Disclosure
- Road Type: Paved
- Road Maintenance: City
- Technology: Cable TV,High Speed Internet
- Terms: Cash,Conventional
- Income: Gross Scheduled Rent: 41400.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 1012.00
- Income: Total Expenses: $9,186.27
- Analysis: Cap Rate %: 7.38, 10.61
- Analysis: Gross Rent Multi: 10.61
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 3.48 sq ft
- Analysis: Exp % of Gross: 21.66
Listing Office
- Listing Office ShortId: 53306
- ListingOfficeName: Pottinger Realty
- Listing Office Phone: (520) 216-4444
- Listing Office Address: 2921 N. Grand Avenue, Suite# 1, Nogales, AZ 85621
- Listing Office Url: http://www.pottingerrealty.com
- Listing Member Phone: (520) 312-8566, 59172
Units Information
- Unit 1 Details: Rent: 800
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 480
- Unit 1 Details: # Bedrooms: 1
- 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: 480
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: Carport, Carport
- Unit 3 Information: Monthly Rent: 950
- Unit 3 Details: SqFt: 840
- 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: 900
- Unit 4 Details: SqFt: 840
- 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: Dual Pane Windows,Smoke Detector, No
- Exterior Features: None
- Sewer: Septic
- Accessibility Features: None
- Neighborhood Feature: Paved Street
- Main Cooling: Other: Split Units
- Laundry: Dryer Included,Facility,Laundry Room,Washer Included
- Main Cooling: Central Air
- Main Heating: Electric,Forced Air
- Patio/Deck: Patio,Slab
- Pool: None
- RV Parking: Space Available
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Electric
- Window Covering: Stay
- Gas: None
- Total Parking: 4
Nearby Schools
- High School: None
- Middle School: None
- Elementary School: Little Red School
Fees and Taxes
- Tax Year: 2022
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $1,479.76
- Expenses: Management: $2,580
- Expenses: Water/Sewer: $1,838.89
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $1,504
- Expenses: Gas/Electric: $1,783.62
- Expenses: Maintenance Supplies: $0
- Taxes: $1,479.76