Basics
Date added Added 2 years ago | Category Multifamily | Type 4 Plex | Status Active |
Year built 1998 | Days On Market 0 | List Price/SqFt 230.41 | County Pima |
List Number Main 22319273 | Lot Acres 0.44 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions Irregular |
View None | Attached/Detached Attached | MLS ID 22319273 |
Description
-
Description:
Multi-family STR or LTR investment! Own a fully remodeled, maticulously maintained, highly sought after 4 plex (8 units - 2 listings) near everything! Close proximity to UMC and The University of Arizona and a plethora of infrastructure. These units are 2 bed 2 bath and are approximately 1000 sq ft each ,with fire place, newer washer and dryer, refridgerators, bathroom fixtures and more! 2 external storage units and large enclosed yards for privacy. Built in 1998 this four plex can also be purchased with 1630 E Adelaide MLS #22319270. Do not Disturb tenants and do not enter property without a confirmed appointment. This is a 4 plex dream with an opportunity to own all 8 units as well! Call LA with questions.
- Legal Description: From Parcel:11307032A /Hedrick Acreage Tract No 2 Lot 15 Exc S150' Blk A
Rooms
- Sauna Level: Amphitheater
- Kitchen Features: Countertops: Granite
- Kitchen Features: Appliance Color: Stainless
- Breakfast: Eat-In
- Dining Areas: Breakfast Bar
- Dining Room: None
- Extra Room: None
- Bathroom Features: Countertops/Hall: Granite, Granite
Location
- Directions: North on Campbell from Glenn, East on Adelaide to Address
Building Details
- Lot Features: Subdivided
- Floor covering: Ceramic Tile
- Roof: Built-Up - Reflect
- Construction: Frame - Stucco
- Style: Contemporary
- 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: Owner, Single
- Special Listing Conditions: None
- Ownership: Individual
- Subdivision Name: Hedrick Acreage NO 2
- Co-op Fee: $3
- Unit 2 Details: Rent: 3100
- Landscape - Front: Other: Low Care
- Utilities: Owner, Owner
- Direction: E
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Low Care
- Driveway: Paved: Breakfast Bar,Dishwasher,Garbage Disposal,Island
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Fema Flood Zone: No
- Assessments: $0
- Section: 31
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 113-07-032B
- Range: 14.00
- Property Disclosures: Seller Prop Disclosure
- Road Type: Paved
- Road Maintenance: Owner Maintenance
- Technology: Cable TV,High Speed Internet,Smart Panel
- Terms: Cash,Conventional,FHA Loan,VA Loan
- Income: Gross Scheduled Rent: 164811.24
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $59,405.50
- Analysis: Cap Rate %: 12.40, 5.16
- Analysis: Gross Rent Multi: 5.16
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 16.10 sq ft
- Analysis: Exp % of Gross: 36.04
Listing Office
- Listing Office ShortId: 4983
- ListingOfficeName: Realty Executives Arizona Territory
- Listing Office Phone: (520) 877-4940
- Listing Office Address: 6760 N. Oracle Road Suite 130, Tucson, AZ 85704
- Listing Office Url: www.RealtyExAz.com
- Listing Member Phone: 17578
Units Information
- Unit 1 Details: Rent: 3500
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: Turnkey
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 1120
- Unit 1 Details: # Bedrooms: 2
- 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: 1120
- Unit 2 Information: Furnished: Turnkey
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Property, On Property
- Unit 3 Information: Monthly Rent: 3721
- 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: 3400
- Unit 4 Details: # Full Baths: 2, 2
- Unit 4 Details: # Bedrooms: 2
- Unit 4 Details: # Half Baths: 0
- Unit 4 Information: Floor: 1st
- Unit 4 Information: Furnished: No
- Unit 4 Information: Parking: On Property
Amenities & Features
- Interior Features: Bay Window,Ceiling Fan(s),Dual Pane Windows,Smoke Detector, No
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- RV Parking: Other: None
- Assoc Amenities: None
- Laundry: Laundry Closet
- Main Cooling: Central Air
- Main Heating: Forced Air
- Patio/Deck: Covered
- Pool: None
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Electric
- Window Covering: None
- Gas: Natural
- Total Parking: 6
Nearby Schools
- High School: Amphitheater
- Middle School: Amphitheater
- Elementary School: Holaway
Fees and Taxes
- Tax Year: 2022
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $3,215
- Expenses: Management: $16,000
- Expenses: Water/Sewer: $3,280
- Expenses: Contract Services: $15,775
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $10,251.50
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $2,248
- Expenses: Gas/Electric: $6,236
- Expenses: Maintenance Supplies: $2,400
- Taxes: $3,215.05