Basics
| Date added Added 1 year ago | Category Multifamily | Type 2 Plex | Status Active |
| Year built 1940 | Days On Market 0 | List Price/SqFt 247.62 | County Pima |
| List Number Main 22413293 | Lot Acres 0.35 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions 131x115 |
| View Residential,Sunrise | Attached/Detached Detached | MLS ID 22413293 |
Description
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Description:
2 separate homes on one 15,000 sq ft lot 1717 sq ft 3 bd 2 bath adobe/block home built in 1940 and a 906 sq ft 2 bd 2 bath Rastra gem built in 2005. Terrific property for an onsite owner looking for additional income to offset monthly payments or current leases can be extended and property continues as a great investment. Rents are significantly lower than current market rate. Both are currently rented until June 30, 2024. Call listing agents for viewing information.
- Legal Description: From Parcel: 001010010/Hedrick Acreage Tract No 3 Lot 11 Exc N 166'
Rooms
- Sauna Level: Amphitheater
- Kitchen Features: Countertops: Laminate
- Kitchen Features: Appliance Color: Stainless
- Breakfast: Area,Bar
- Dining Areas: Formal Dining Room
- Dining Room: Area
- Extra Room: None
Location
- Directions: From Campbell West on Blacklidge Drive to NW corner of Blacklidge and Cherry.
Building Details
- Lot Features: Corner Lot,North/South Exposure
- Floor covering: Ceramic Tile, Concrete
- Roof: Metal, Shingle
- Construction: Concrete Block,Mud Adobe,Wood Frame
- Style: Bungalow,Ranch
- 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, Single
- Special Listing Conditions: None
- Ownership: Individual
- Subdivision Name: Hedrick Acreage Tract NO 3
- Co-op Fee: $3
- Unit 2 Details: Rent: 1350
- Landscape - Front: Other: Desert Plantings,Low Care,Shrubs,Trees
- Utilities: Owner, Tenant
- Direction: E
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Desert Plantings,Low Care,Shrubs,Trees
- Driveway: Paved: Breakfast Bar,Breakfast Nook,Dishwasher,Garbage Disposal,Gas Range,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Fema Flood Zone: No
- Assessments: $0
- Section: 31
- Community: None
- Attribution Contact: 520-907-5602
- Fire Protection: Included in Taxes
- Tax Code: 113-07-1930
- Range: 14.00
- Property Disclosures: CC&Rs,Lead Based Paint,Seller Prop Disclosure
- Road Type: Paved
- Road Maintenance: City
- Technology: Cable TV
- Terms: Cash,Conventional
- Income: Gross Scheduled Rent: 37200.00
- Income: Vacancy Loss: 1116.00
- Income: Other Income: 0.00
- Income: Total Expenses: $8,666
- Analysis: Cap Rate %: 4.22, 18.01
- Analysis: Gross Rent Multi: 18.01
- Analysis: Vacancy Rate %: 3.00
- Analysis: Exp/SqFt: 3.30 sq ft
- Analysis: Exp % of Gross: 24.02
Listing Office
- Listing Office ShortId: 52896
- ListingOfficeName: Long Realty Company
- Listing Office Phone: (520) 918-2400
- Listing Office Address: 1880 E River Rd Ste 120, Tucson, AZ 85718
- Listing Member Phone: (520) 907-5602, 10184
Units Information
- Unit 1 Details: Rent: 1750
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 1719
- Unit 1 Details: # Bedrooms: 3
- Unit 1 Details: # Full Baths: 2
- Unit 1 Details: # Half Baths: 0
- Unit 1 Information: Parking: Single
- Unit 2 Details: # Bedrooms: 2
- Unit 2 Details: # Full Baths: 2
- Unit 2 Details: # Half Baths: 0
- Unit 2 Details: SqFt: 906
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Property
Amenities & Features
- Interior Features: Bay Window,Ceiling Fan(s), No
- Exterior Features: Shed
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- Laundry: Laundry Room
- Green Features: Adobe
- Main Cooling: Central Air
- Main Heating: Forced Air
- Patio/Deck: Covered,Patio
- Pool: None
- RV Parking: Space Available
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Natural Gas
- Window Covering: Stay
- Gas: Natural
- Total Parking: 4
Nearby Schools
- High School: Amphitheater
- Middle School: Amphitheater
- Elementary School: Keeling
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $1,500
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $3,034
- Expenses: Management: $0
- Expenses: Water/Sewer: $0
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $1,316
- Expenses: Insurance: $1,316
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $1,500
- Taxes: $3,034