Basics
| Date added Added 2 years ago | Category Multifamily | Type 2 Plex | Status Active |
| Year built 1952 | Days On Market 0 | List Price/SqFt 177.24 | County Pima |
| List Number Main 22320060 | Lot Acres 0.19 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions irregular |
| View Residential,Sunrise | Attached/Detached Detached | MLS ID 22320060 |
Description
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Description:
Nestled in the heart of Tucson's thriving real estate market, 32nd Street presents a golden opportunity for savvy investors. This unique property boasts not one, but two charming houses on a single lot, each currently leased and generating steady rental income. In a market where location is key, this gem shines brightly, positioned just moments away from the lush greenery of Randolph Park and a mere 9-minute drive from the prestigious University of Arizona. The dual dwellings offer investors unparalleled flexibility. Both units are thoughtfully designed with 2 bedrooms and 1 bathroom, ensuring they remain in high demand among Tucson's growing population of students and young professionals. The individual metering of utilities adds an enticing layer of convenience, making it easier
- Legal Description: From Parcel:001010010 /Bel Air Annex Lot 2 Exc W 27.8' & Ptn Of Abandoned 31st Street
Rooms
- Sauna Level: TUSD
- Kitchen Features: Countertops: formica
- Breakfast: Area
- Dining Areas: Dining in LR/GR
- Dining Room: None
- Extra Room: None
Location
- Directions: Head Southbound on Alvernon, Turn right on 32nd st, property is on the right.
Building Details
- Lot Features: Corner Lot,North/South Exposure
- Floor covering: Ceramic Tile
- Roof: Shingle
- Construction: Brick
- Style: Ranch
- Fence: Chain Link
- 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: Bel Air Annex
- Co-op Fee: $3
- Unit 2 Details: Rent: 925
- Landscape - Front: Other: Decorative Gravel,Low Care
- Utilities: Tenant, Tenant
- Direction: E
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Decorative Gravel,Low Care
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Fema Flood Zone: No
- Assessments: $0
- Section: 21
- Community: None
- Fire Protection: None
- Tax Code: 130-12-1810
- Range: 14.00
- Property Disclosures: Insurance Claims History Report,Lead Based Paint,Military Airport Vct,Seller Prop Disclosure
- Road Type: Paved
- Road Maintenance: City
- Technology: Cable TV,High Speed Internet
- Terms: Cash,Conventional,FHA Loan,Submit,VA Loan
- Income: Gross Scheduled Rent: 22524.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $1,438.96
- Analysis: Cap Rate %: 7.05, 13.27
- Analysis: Gross Rent Multi: 13.27
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 0.85 sq ft
- Analysis: Exp % of Gross: 6.39
Listing Office
- Listing Office ShortId: 495203
- ListingOfficeName: eXp Realty
- Listing Office Phone: (888) 897-7821
- Listing Office Address: 2959 N Swan Rd. #141, Tucson, AZ 85712
- Listing Member Phone: (520) 403-7703, 22275
Units Information
- Unit 1 Details: Rent: 952
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 864
- 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: 823
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: Carport
Amenities & Features
- Interior Features: Dual Pane Windows, No
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- Main Cooling: Other: 4/2023
- RV Parking: Other: None
- Assoc Amenities: None
- Laundry: Outside
- Main Cooling: Central Air
- Main Heating: Heat Pump
- Patio/Deck: Covered
- Pool: None
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Natural Gas
- Window Covering: None
- Gas: Natural
- Total Parking: 3
Nearby Schools
- High School: Tucson
- Middle School: Mansfeld
- Elementary School: Kellond
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $150.16
- Expenses: Taxes/Assessments: $1,288.80
- 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: $0
- Expenses: Maintenance Supplies: $0
- Taxes: $1,288.86