Basics
| Date added Added 2 years ago | Category Multifamily | Type 4 Plex | Status Active |
| Year built 1953 | Days On Market 0 | List Price/SqFt 193.75 | County Pima |
| List Number Main 22324899 | Lot Acres 0.28 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions Irregular |
| View None | Attached/Detached Attached | MLS ID 22324899 |
Description
-
Description:
Multifamily 4-plex, the property is on just over a quarter acre, each unit is 1 bedroom, one bathroom, with outdoor storage closet for each unit and backyard space. Electric is separately metered. Water is currently metered by building. Conveniently located to U of A, stores, shopping and dining. This property is in a good rental area and rents quick. The property is fully occupied and leases are on a month to month basis. Mini Split AC/Heater systems in all units installed 2020. Roof recoated 2020. Great rental income with loads of potential. Seller will accept or counter offers between $399,900-425,000. Property sold As Is.
- Legal Description: S110' N520.35' E110' W600' LOT 2 .44 AC SEC 31-13-14
Rooms
- Sauna Level: Amphitheater
- Breakfast: Area
- Dining Areas: Breakfast Nook
- Dining Room: Area
- Extra Room: Storage
Location
- Directions: 1st Ave/Blacklidge East to Euclid, south to address on left (east side)
Building Details
- Lot Features: East/West Exposure
- Floor covering: Ceramic Tile, Wood
- Roof: Built-Up - Reflect
- Construction: Brick
- Style: Ranch
- Fence: 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: Property Sold As-Is
- Ownership: Investor
- Subdivision Name: Garden Homes Annex
- Co-op Fee: $3
- Unit 2 Details: Rent: 600
- Landscape - Front: Other: Decorative Gravel
- Utilities: Owner, Tenant
- Direction: N
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Natural Desert
- Driveway: Paved: Gas Range,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: To Property Line
- Fema Flood Zone: No
- Assessments: $0
- Section: 31
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 113-08-0300
- Range: 14.00
- Property Disclosures: Lead Based Paint,Leases
- Road Type: Chip/Seal
- Road Maintenance: City
- Technology: Cable TV,High Speed Internet
- Terms: Cash,Conventional
- Income: Gross Scheduled Rent: 29100.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $2,050
- Analysis: Cap Rate %: 6.76, 13.74
- Analysis: Gross Rent Multi: 13.74
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 0.99 sq ft
- Analysis: Exp % of Gross: 7.04
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: (520) 360-7704, 18358
Units Information
- Unit 1 Details: Rent: 650
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 516
- Unit 1 Details: # Bedrooms: 1
- Unit 1 Details: # Full Baths: 1
- 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: 516
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Property, On Property
- Unit 3 Information: Monthly Rent: 600
- Unit 3 Details: SqFt: 516
- Unit 3 Details: # Bedrooms: 1
- Unit 3 Details: # Half Baths: 0
- Unit 3 Information: Occupancy: Yes
- Unit 3 Information: Furnished: No
- Unit 4 Details: Rent: 625
- Unit 4 Details: SqFt: 516
- Unit 4 Details: # Full Baths: 1, 1
- Unit 4 Details: # Bedrooms: 1
- Unit 4 Details: # Half Baths: 0
- Unit 4 Information: Occupancy: Yes
- Unit 4 Information: Floor: 1st
- Unit 4 Information: Furnished: No
- Unit 4 Information: Parking: On Property
Amenities & Features
- Interior Features: Ceiling Fan(s)
- Exterior Features: Courtyard
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- Main Cooling: Other: Mini Split
- Main Heating: Other: Mini Split
- Laundry: Dryer Included,Outside,Storage
- Patio/Deck: Patio
- Pool: None
- RV Parking: Space Available
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Natural Gas
- Window Covering: Some
- Gas: Natural
- Total Parking: 8
Nearby Schools
- High School: Amphitheater
- Middle School: Amphitheater
- Elementary School: Keeling
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $1,800
- 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: $0
- Expenses: Gas/Electric: $250
- Expenses: Maintenance Supplies: $0
- Taxes: $1,818.75