Basics
| Date added Added 1 year ago | Category Multifamily | Type 4 Plex | Status Active |
| Year built 1978 | Days On Market 0 | List Price/SqFt 207.63 | County Pima |
| List Number Main 22416990 | Lot Acres 0.28 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions 103' x 120' |
| View None | Attached/Detached Attached | MLS ID 22416990 |
Description
-
Description:
Owner managed fourplex in excellent condition with no deferred maintenance. Two 2/1 units and two 1/1 units. Both 2/1 units are on lease with both 1/1 units on month to month. All four AC units new, all appliances and water heaters new with the last few years. All electric with no gas. All four units are in well maintained condition with many recent upgrades, commercial grade vinyl flooring (no carpet). Roof is in excellent condition and just re-coated. There is a community laundry room that is currently not in use. Rents are under market and can be raised without any improvements to the property. Drive by only do not disturb the tenants.
- Legal Description: From Parcel:001010010 /Farmington S100' N110' Lot 6 Blk 8
Rooms
- Sauna Level: TUSD
- Breakfast: Area
- Dining Areas: Eat-In Kitchen
- Dining Room: Area
- Extra Room: None
Location
- Directions: Country Club and Ft Lowell, south to Presidio, east to Edith, south to property
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: Farmington Addition
- Co-op Fee: $3
- Unit 2 Details: Rent: 1000
- 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,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: To Property Line
- Fema Flood Zone: No
- Assessments: $0
- Section: 33
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 111-05-144D
- 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: 41700.00
- Income: Vacancy Loss: 2085.00
- Income: Other Income: 0.00
- Income: Total Expenses: $7,996
- Analysis: Cap Rate %: 5.28, 15.12
- Analysis: Gross Rent Multi: 15.12
- Analysis: Vacancy Rate %: 5.00
- Analysis: Exp/SqFt: 2.77 sq ft
- Analysis: Exp % of Gross: 20.18
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: 1050
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 800
- 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: 800
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Property, On Property
- Unit 3 Information: Monthly Rent: 750
- Unit 3 Details: SqFt: 645
- 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: 675
- Unit 4 Details: SqFt: 645
- 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: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- RV Parking: Other: None
- Laundry: Facility
- Main Cooling: Central Air
- Main Heating: Heat Pump
- Patio/Deck: Patio
- Pool: None
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Electric
- Window Covering: Stay
- Gas: None
- Total Parking: 8
Nearby Schools
- High School: Catalina
- Middle School: Doolen
- Elementary School: Davidson
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $2,586
- Expenses: Management: $0
- Expenses: Water/Sewer: $1,796
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $1,473
- Expenses: Gas/Electric: $141
- Expenses: Maintenance Supplies: $2,000
- Taxes: $2,588.40