Basics
Date added Added 1 year ago | Category Multifamily | Type 3 Plex | Status Active |
Year built 1964 | Days On Market 1 | List Price/SqFt 158.69 | County Pima |
List Number Main 22411358 | Lot Acres 0.21 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions 75 x 121 x 73 x 121 |
View Mountain(s) | Attached/Detached Attached | MLS ID 22411358 |
Description
-
Description:
Fix up triplex. Come check out this potential money making investment. Unit A needs some fix up. All 2bdrms 1 bath units. Unit B has been rehabbed but still needs some minor finishes. Unit C is a total fixer upper. Nicely located in Central Tucson. Close to many Amenities. Restaurants, schools, groceries and much more. Great income property with potential. Nice enclosed courtyard as you come into the units. More parking in rear of unit in alley.
- Legal Description: Green Valley E45' Lot 4 & W30' Lot 3
Rooms
- Sauna Level: TUSD
- Kitchen Features: Countertops: Formica
- Breakfast: None
- Dining Areas: Eat-In Kitchen
- Dining Room: None
- Extra Room: None
Location
- Directions: Ft. Lowell & Alvernon. North to Kleindale Rd on right. Make right and property is on the right side of street across from Davidson Elementary School.
Building Details
- Lot Features: Adjacent to Alley,North/South Exposure
- Floor covering: Ceramic Tile
- Roof: Built-up
- Construction: Concrete Block
- Style: Ranch
- Fence: Rock
- 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: Fix Up,No Insurance Claims History Report,No SPDS
- Ownership: REO/Bank
- Subdivision Name: Green Valley Add
- Co-op Fee: $3
- Unit 2 Details: Rent: 1000
- Landscape - Front: Other: Decorative Gravel
- Utilities: Owner, Tenant
- Direction: E
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: None
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: Car(s) Pad
- Fema Flood Zone: No
- Assessments: $0
- Section: 27
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 110-03-0030
- Range: 14.00
- Property Disclosures: Deed Restrictions,Lead Based Paint,Property Profile,Seller Prop Disclosure
- Road Type: Paved
- Road Maintenance: City
- Technology: Cable TV
- Terms: Cash,Conventional
- Income: Gross Scheduled Rent: 36000.00
- Income: Vacancy Loss: 120000.00
- Income: Other Income: 0.00
- Income: Total Expenses: $159,273
- Analysis: Cap Rate %: -60.83, -4.76
- Analysis: Gross Rent Multi: -4.76
- Analysis: Vacancy Rate %: 333.33
- Analysis: Exp/SqFt: 63.20 sq ft
- Analysis: Exp % of Gross: -189.61
Listing Office
- Listing Office ShortId: 70202
- ListingOfficeName: Coldwell Banker Realty
- Listing Office Phone: (520) 577-7433
- Listing Office Address: 2890 E Skyline Dr #250, Tucson, AZ 85718
- Listing Office Url: http://www.azmoves.com
- Listing Member Phone: (520) 449-2881, 17105
Units Information
- Unit 1 Details: Rent: 1000
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: No
- Unit 1 Details: SqFt: 860
- 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: 860
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: No, 1st
- Unit 2 Information: Parking: On Property, On Property
- Unit 3 Information: Monthly Rent: 1000
- Unit 3 Details: SqFt: 860
- Unit 3 Details: # Bedrooms: 2
- 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: Walk In Closets
- Exterior Features: Courtyard
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: Paved Street
- RV Parking: Other: None
- Laundry: In Kitchen
- Main Cooling: Central Air
- Main Heating: Forced Air,Natural Gas
- Patio/Deck: Balcony
- Pool: None
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Electric
- Window Covering: None
- Gas: Natural
- Total Parking: 6
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: $1,623
- Expenses: Management: $0
- Expenses: Water/Sewer: $0
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $36,000
- Expenses: Captial Expenses: $120,000
- Expenses: Insurance: $1,650
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $0
- Taxes: $1,623