Basics
| Date added Added 1 year ago | Category Multifamily | Type 2 Plex | Status Active |
| Year built 1920 | Days On Market 1 | List Price/SqFt 347.55 | County Pima |
| List Number Main 22411446 | Lot Acres 0.76 acres | Municipality/Zoning Tucson - HO3 | Lot Dimensions 42 x78 x44 x80 |
| View None | Attached/Detached Detached | MLS ID 22411446 |
Description
-
Description:
Two detached homes on One lot in downtown historic neighborhood. There is a shared backyard and parking is on-street.Home #531. 1075 sqft Zoned AC/Heat, 2 flex-use rooms, washer hookup in the laundry room, secluded patio, covered front porch, recently painted exterior, updated sewer and water lines. Currently leased at $1295/mo until 2/28/25. Home #529, 637 sqft, Central AC/forced air heat, washer hookup on covered back porch, recently painted exterior, updated sewer and water lines, on-street parking. Currently leased at $995/mo until 3/31/2025 Both homes offer different amenities and rental rates providing varied investment strategies. If you are interested in viewing the properties, showings can be scheduled upon accepted offer.
- Legal Description: From Parcel:001010010 /Tucson Lot 4 Blk 242
Rooms
- Sauna Level: TUSD
- Kitchen Features: Countertops: Laminate
- Kitchen Features: Appliance Color: White
- Breakfast: None
- Dining Areas: Eat-In Kitchen
- Dining Room: None
- Extra Room: 2 extra rooms
Location
- Directions: From Broadway/Stone go South to Cushing West to Main Ave South to address
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: City Of Tucson
- Co-op Fee: $3
- Unit 2 Details: Rent: 995
- Landscape - Front: Other: Decorative Gravel,None
- Utilities: Owner, Tenant
- Direction: S
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Security: Other: Front security doors
- Landscape - Rear: Other: Decorative Gravel,Low Care
- Driveway: Paved: Gas Range,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: None
- Fema Flood Zone: No
- Assessments: $0
- Section: 13
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 117-14-3150
- Range: 13.00
- Property Disclosures: Insurance Claims History Report,Lead Based Paint,Leases,Military Airport Vct,Public Airport Vcty
- Road Type: Paved
- Road Maintenance: City
- Technology: High Speed Internet
- Terms: Cash,Conventional,FHA Loan
- Income: Gross Scheduled Rent: 27480.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $5,228
- Analysis: Cap Rate %: 3.74, 21.65
- Analysis: Gross Rent Multi: 21.65
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 3.05 sq ft
- Analysis: Exp % of Gross: 19.02
Listing Office
- Listing Office ShortId: 4357
- ListingOfficeName: Northpoint Asset Management
- Listing Office Phone: (520) 300-5127
- Listing Office Address: 1670 N. Kolb Road Suite 142, Tucson, AZ 85715
- Listing Office Url: http://www.northpointam.com
- Listing Member Phone: (520) 444-6848, 29026
Units Information
- Unit 1 Details: Rent: 1295
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 1075
- 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: 637
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Street
Amenities & Features
- Interior Features: Ceiling Fan(s),Smoke Detector
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: Historic,Paved Street
- Main Cooling: Other: mini-split
- RV Parking: Other: None
- Laundry: Laundry Room,Outside
- Main Cooling: Central Air,Zoned
- Main Heating: Electric,Natural Gas,Zoned
- Patio/Deck: Patio
- Pool: None
- Spa: None
- Water: City Water
- Water Heater: Natural Gas
- Window Covering: Stay
- Gas: Natural
- Total Parking: 0
Nearby Schools
- High School: Tucson
- Middle School: Drachman
- Elementary School: Carrillo
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $1,764
- Expenses: Management: $1,008
- Expenses: Water/Sewer: $1,143
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $961
- Expenses: Gas/Electric: $352
- Expenses: Maintenance Supplies: $0
- Taxes: $1,761.26