Basics
| Date added Added 1 year ago | Category Multifamily | Type 2 Plex | Status Active |
| Year built 1980 | Days On Market 0 | List Price/SqFt 118.18 | County Pima |
| List Number Main 22407369 | Lot Acres 0.16 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions IRR x IRR |
| View City | Attached/Detached Attached | MLS ID 22407369 |
Description
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Description:
The Sahuara Duplex consists of two large 2 bedroom 1 bath units located in the South Central section of Tucson. The property is located miles away from numerous employment opportunities. These opportunities include: Davis Monthan Air Force Base, Park Place Mall, Williams Center office park, Tucson Medical Center (4 Miles). The Sahuara Duplex is also directly across the street from a major subdivision development built by Pepperviner homes. These brand new homes are currently selling in the range of $280,000-$325,000.This building is a prime investment target due to its large unit sizes and low rents. The right investor can easily come in and upgrade the units and raise rents to the correct market level for a huge increase in net income.
- Legal Description: From Parcel:001010010 /Geobelle's Estates Lot 3
Rooms
- Sauna Level: TUSD
- Kitchen Features: Pantry: Cabinet
- Kitchen Features: Appliance Color: White
- Breakfast: None
- Dining Areas: Dining in LR/GR
- Dining Room: None
- Extra Room: None
- Kitchen Features: 1
Location
- Directions: This property is located to the north of the intersection of Sahuara Ave and 29th St.
Building Details
- Lot Features: East/West Exposure
- Floor covering: Carpet, Ceramic Tile
- Roof: Shingle
- Style: Other: BTV
- Construction: Masonry Stucco
- Fence: 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: Investor
- Subdivision Name: N/A
- Co-op Fee: $3
- Unit 2 Details: Rent: 765
- Landscape - Front: Other: None
- Utilities: Tenant, Tenant
- Direction: S
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: None
- Driveway: Paved: Gas Range
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: Car(s) Pad
- Fema Flood Zone: Yes
- Assessments: $0
- Section: 24
- Community: None
- Fire Protection: None
- Tax Code: 131-09-2410
- Range: 14.00
- Property Disclosures: None
- Road Type: Paved
- Road Maintenance: City
- Technology: High Speed Internet
- Terms: Cash,Conventional
- Income: Gross Scheduled Rent: 21300.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $3,275
- Analysis: Cap Rate %: 6.03, 14.04
- Analysis: Gross Rent Multi: 14.04
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 1.29 sq ft
- Analysis: Exp % of Gross: 15.38
Listing Office
- Listing Office ShortId: 3096
- ListingOfficeName: Congress Realty
- Listing Office Phone: (888) 881-4118
- Listing Office Address: 4427 E Angela Dr, Phoenix, AZ 85032
- Listing Office Url: http://www.congressrealty.co
- Listing Member Phone: (888) 881-4118, 35632
Units Information
- Unit 1 Details: Rent: 1010
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: Partially
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 1500
- 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: 1030
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Property
Amenities & Features
- Interior Features: Ceiling Fan(s),Split Bedroom Plan, No
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: Level
- Neighborhood Feature: None
- Laundry: Outside
- Main Cooling: Heat Pump
- Main Heating: Heat Pump
- Patio/Deck: None
- Pool: None
- RV Parking: Space Available
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Electric
- Window Covering: None
- Gas: None
- Total Parking: 4
Nearby Schools
- High School: Palo Verde
- Middle School: Roberts (at Naylor)
- Elementary School: Wheeler
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $300
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $1,275
- 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: $900
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $800
- Taxes: $1,275.67