Basics
Date added Added 2 years ago | Category Multifamily | Type 3 Plex | Status Active |
Year built 1975 | Days On Market 0 | List Price/SqFt 163.63 | County Pima |
List Number Main 22318136 | Lot Acres 0.22 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions 53' X 193' |
View None | Attached/Detached Attached | MLS ID 22318136 |
Description
-
Description:
Well maintained triplex with masonry construction. Units are comprised of one 3/2 unit 1364 sqft and two 1/1 units 800 sqft each. Large floor plans with covered carport parking, private fenced yards, front and rear entrances, central AC/gas heating, gas appliances and in unit washers & dryers. One 1/1 unit just rented for $935, the other 1/1 will be vacant September 30th. The 3/2 unit is leased through October 2023 for $820 (market rent is $1500). Rents can be substantially increased without any improvements to the property. Additional information under the documents tab. Call the listing agent for the lock box code to view the vacant unit.
- Legal Description: From Parcel:001010010 /Madelyn Park N50' Of Lot 4 Blk 4
Rooms
- Sauna Level: TUSD
- Breakfast: Eat-In
- Dining Areas: Eat-In Kitchen
- Dining Room: Area
- Extra Room: None
Location
- Directions: Grant & Columbus, south to Seneca, east to Madelyn, south to triplex on your left
Building Details
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: Investor
- Subdivision Name: Madelyn Park
- Co-op Fee: $3
- Unit 2 Details: Rent: 935
- Landscape - Front: Other: None
- Utilities: Owner, Tenant
- Direction: N
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: None
- Driveway: Paved: Gas Range,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: To Property Line
- Fema Flood Zone: No
- Assessments: $0
- Section: 3
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 122-03-050B
- Range: 14.00
- Property Disclosures: Seller Prop Disclosure
- Road Type: Paved
- Road Maintenance: City
- Technology: Cable TV
- Terms: Cash,Conventional,FHA Loan,VA Loan
- Income: Gross Scheduled Rent: 39000.00
- Income: Vacancy Loss: 1213.00
- Income: Other Income: 1800.00
- Income: Total Expenses: $9,505
- Analysis: Cap Rate %: 6.20, 12.25
- Analysis: Gross Rent Multi: 12.25
- Analysis: Vacancy Rate %: 3.11
- Analysis: Exp/SqFt: 3.21 sq ft
- Analysis: Exp % of Gross: 24.01
Listing Office
- Listing Office ShortId: 51299
- ListingOfficeName: Better Homes & Gardens Real Estate-SJ Fowler
- Listing Office Phone: (480) 649-3536
- Listing Office Address: 6360 E Brown Rd Ste 103, Mesa, AZ 85205
- Listing Member Phone: (520) 591-1736, 15346
Units Information
- Unit 1 Details: Rent: 1500
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 1364
- 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: 1
- Unit 2 Details: # Full Baths: 1
- Unit 2 Details: # Half Baths: 0
- Unit 2 Details: SqFt: 800
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: Carport, Carport
- Unit 3 Information: Monthly Rent: 935
- Unit 3 Details: SqFt: 800
- Unit 3 Details: # Bedrooms: 1
- Unit 3 Details: # Half Baths: 0
- Unit 3 Information: Occupancy: No
- Unit 3 Information: Furnished: No
- Unit 4 Details: # Full Baths: 1
Amenities & Features
- Interior Features: Ceiling Fan(s)
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- RV Parking: Other: none
- Laundry: Dryer Included,Washer Included
- Main Cooling: Central Air
- Main Heating: Gas Pac
- Patio/Deck: Covered
- Pool: None
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Natural Gas
- Window Covering: Stay
- Gas: Natural
- Total Parking: 6
Nearby Schools
- High School: Catalina
- Middle School: Doolen
- Elementary School: Wright
Fees and Taxes
- Tax Year: 2022
- Expenses: Other Expenses: $800
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $2,405
- Expenses: Management: $0
- Expenses: Water/Sewer: $2,400
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $1,150
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $2,750
- Taxes: $2,405.75