Basics
Date added Added 1 year ago | Category Multifamily | Type 2 Plex | Status Active |
Year built 1975 | Days On Market 6 | List Price/SqFt 197.09 | County Pima |
List Number Main 22411999 | Lot Acres 0.31 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions 89*152*89*151 |
View None | Attached/Detached Attached | MLS ID 22411999 |
Description
-
Description:
Turnkey duplex with fantastic cap rate. Remodeled 2 bedroom and 1 bath units offer AC, polished concrete floors, updated bathrooms, in-unit laundry rooms, and mountain views. Modern accents & lighting, an expansive front porch, and metal perimeter fence make this a stylish addition to any investment portfolio. Additional spacious room with separate entrance provides storage but could be used as an owner office or bring in more income. Masonry construction, ample parking, private yards, and convenient midtown location. Just a short distance to TMC, shopping, and the Loop. Tenants pay all utilities except water. One owner is a licensed realtor in the state of Arizona.
- Legal Description: From Parcel:001010010 /S90' Of N300' Of W148' Of E188' Of N2 Of Se4 Of Ne4 .41 Ac Sec 3-14-14
Rooms
- Sauna Level: TUSD
- Breakfast: Area
- Dining Areas: Dining in LR/GR
- Dining Room: Area
- Extra Room: Storage
Location
- Directions: Grant & Swan, south to address, west side of Swan
Building Details
- Lot Features: North/South Exposure,Subdivided
- Floor covering: Concrete
- Roof: Built-Up - Reflect
- Fence: Other: metal
- Construction: Slump Block
- Style: Ranch
- 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: Investor
- Subdivision Name: Madelyn Park
- Co-op Fee: $3
- Unit 2 Details: Rent: 1450
- Landscape - Front: Other: Low Care
- Utilities: Owner, Tenant
- Direction: N
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Low Care
- Driveway: Paved: Electric Range
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Fema Flood Zone: No
- Assessments: $0
- Section: 3
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 122-01-043B
- Range: 14.00
- Property Disclosures: Lead Based Paint,Military Airport Vct
- Road Type: Paved
- Road Maintenance: City
- Technology: High Speed Internet
- Terms: Cash,Conventional
- Income: Gross Scheduled Rent: 35400.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $5,131.68
- Analysis: Cap Rate %: 6.88, 12.43
- Analysis: Gross Rent Multi: 12.43
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 2.30 sq ft
- Analysis: Exp % of Gross: 14.50
Listing Office
- Listing Office ShortId: 53957
- ListingOfficeName: Tierra Antigua Realty
- Listing Office Phone: (520) 990-6485
- Listing Office Address: 2900 N Country Club, Tucson, AZ 85711
- Listing Member Phone: (520) 990-6485, 37458
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: 1000
- 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: 1000
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: No, 1st
- Unit 2 Information: Parking: On Property
Amenities & Features
- Interior Features: Dual Pane Windows,Smoke Detector,Storage, No
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: Paved Street,Sidewalks
- Laundry: Dryer Included,Laundry Room,Storage,Washer Included
- Main Cooling: Central Air
- Main Heating: Forced Air
- Patio/Deck: Covered
- Pool: None
- RV Parking: Space Available
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Natural Gas
- Window Covering: None
- Gas: Natural
- Total Parking: 6
Nearby Schools
- High School: Catalina
- Middle School: Doolen
- Elementary School: Wright
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $1,949
- Expenses: Management: $0
- Expenses: Water/Sewer: $1,794.97
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $1,387.71
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $0
- Taxes: $1,949.47