Basics
| Date added Added 2 years ago | Category Multifamily | Type 4 Plex | Status Active |
| Year built 1963 | Days On Market 0 | List Price/SqFt 194.96 | County Pima |
| List Number Main 22400712 | Lot Acres 0.22 acres | Municipality/Zoning Tucson - R3 | Lot Dimensions 153x63 appr |
| View Residential | Attached/Detached Detached | MLS ID 22400712 |
Description
-
Description:
Exceptional fully rented multi-family property located in central Tucson is a great opportunity for investors or those looking to enter the real estate market. All new HVAC in 2023, many new dual pane windows & a great location close to shopping, restaurants, parks, entertainment & quick commutes to downtown Tucson, the U of A, & other key areas of the city. Units 1 & 2 are a duplex of 2 bedroom, one bath units, Unit 3 is a 1 bedroom, 1 bath unit, & detached unit 4 is fully furnished w/charming wood beam ceilings, currently rented to traveling nurses. Owner pays water/sewer/trash for all units. Units 1 and 4 owner also pays gas & electric. Units 2 and 3 G & E are paid by tenants. With its well-maintained units & strong rental history, this property is a true gem in the multi-family market
- Legal Description: AVONDALE N150' OF W2 OF LOT 6 BLK 3
Rooms
- Sauna Level: TUSD
- Breakfast: None
- Dining Areas: Eat-In Kitchen
- Dining Room: None
- Extra Room: None
Location
- Directions: From Speedway and Rosemont. N on Rosemont, E on Bellevue to address.
Building Details
- Lot Features: Corner Lot,Subdivided
- Floor covering: Carpet, Ceramic Tile
- Roof: Built-up, Shingle
- Construction: Burnt Adobe
- Style: Ranch
- Fence: 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: None
- Ownership: Investor
- Subdivision Name: Avondale
- Co-op Fee: $3
- Unit 2 Details: Rent: 1100
- Landscape - Front: Other: Grass
- Utilities: Owner, Tenant
- Direction: E
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Grass
- Driveway: Paved: Gas Range
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: None
- Fema Flood Zone: No
- Assessments: $0
- Section: 2
- Community: None
- Attribution Contact: 520-977-4770
- Fire Protection: Included in Taxes
- Tax Code: 121-12-0480
- Range: 14.00
- Property Disclosures: Military Airport Vct,Unknown
- Road Type: Paved
- Road Maintenance: City
- Technology: Cable TV
- Terms: Cash,Conventional
- Income: Gross Scheduled Rent: 58368.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $12,273.50
- Analysis: Cap Rate %: 8.16, 9.68
- Analysis: Gross Rent Multi: 9.68
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 4.24 sq ft
- Analysis: Exp % of Gross: 21.03
Listing Office
- Listing Office ShortId: 52896
- ListingOfficeName: Long Realty Company
- Listing Office Phone: (520) 918-2400
- Listing Office Address: 1880 E River Road, Suite 120, Tucson, AZ 85718
- Listing Member Phone: (520) 977-4770, 9105
Units Information
- Unit 1 Details: Rent: 1315
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 682
- 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: 682
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Property, On Property
- Unit 3 Information: Monthly Rent: 925
- Unit 3 Details: SqFt: 884
- Unit 3 Details: # Bedrooms: 1
- Unit 3 Details: # Half Baths: 0
- Unit 3 Information: Floor: 1st
- Unit 3 Information: Occupancy: Yes
- Unit 3 Information: Furnished: No
- Unit 4 Details: Rent: 1524
- Unit 4 Details: SqFt: 650
- Unit 4 Details: # Full Baths: 1, 1
- Unit 4 Details: # Bedrooms: 2
- Unit 4 Details: # Half Baths: 0
- Unit 4 Information: Occupancy: Yes
- Unit 4 Information: Floor: 1st
- Unit 4 Information: Furnished: Yes
- Unit 4 Information: Parking: On Property
Amenities & Features
- Interior Features: Ceiling Fan(s), No
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- RV Parking: Other: None
- Laundry: Outside
- Main Cooling: Central Air
- Main Heating: Natural Gas
- Patio/Deck: None
- Pool: None
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Natural Gas
- Window Covering: Stay
- Gas: Natural
- Total Parking: 6
Nearby Schools
- High School: Catalina
- Middle School: Doolen
- Elementary School: Whitmore
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $3,204.50
- Expenses: Management: $0
- Expenses: Water/Sewer: $1,920
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $4,049
- Expenses: Gas/Electric: $3,100
- Expenses: Maintenance Supplies: $0
- Taxes: $3,204.50