Basics
| Date added Added 2 years ago | Category Multifamily | Type 3 Plex | Status Active |
| Year built 2003 | Days On Market 0 | List Price/SqFt 177.39 | County Pima |
| List Number Main 22315960 | Lot Acres 0.23 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions 80 x 134 x 79 x 134 |
| View City | Attached/Detached Attached | MLS ID 22315960 |
Description
-
Description:
8% cap rate. THREE 3bd/2ba units. All units have W/D hookup. All units have central AC/heat. All units are occupied and rented at $1,450 that's gross income of $4,350. Tenants pay electric. Owner pays sewer and trash ($275-$350mo.). Taxes and insurance combined are $263 mo. Roof re-textured, painted and sealed in 2021. Great cash flow opportunity. Owner/Agent
- Legal Description: Los Ranchitos Number 6 S75.03' W133' Lot 249
Rooms
- Sauna Level: Sunnyside
- Breakfast: Area
- Dining Areas: Dining in LR/GR
- Dining Room: Area
- Extra Room: None
Location
- Directions: From I-10 exit onto Park Ave, Turn L on Alvord Rd, R onto Jeanette Blvd, Destination on the left.
Building Details
- Lot Features: North/South Exposure,Subdivided
- Floor covering: Ceramic Tile
- Roof: Rolled
- Construction: Frame - Stucco
- Style: Contemporary
- Fence: Block
- 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: No SPDS
- Ownership: Investor
- Subdivision Name: Los Ranchitos NO. 6
- Co-op Fee: $3
- Unit 2 Details: Rent: 1450
- Landscape - Front: Other: None
- Utilities: Owner, Tenant
- Direction: S
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: None
- Driveway: Paved: Electric Range,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Fema Flood Zone: No
- Assessments: $0
- Section: 7
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 140-25-079P
- Range: 14.00
- Property Disclosures: Insurance Claims History Report,Seller Prop Disclosure
- Road Type: Paved
- Road Maintenance: City
- Technology: Cable TV,High Speed Internet
- Terms: Cash,Conventional
- Income: Gross Scheduled Rent: 52200.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $6,752
- Analysis: Cap Rate %: 8.08, 10.78
- Analysis: Gross Rent Multi: 10.78
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 2.13 sq ft
- Analysis: Exp % of Gross: 12.93
Listing Office
- Listing Office ShortId: 5835
- ListingOfficeName: Avenida Realty
- Listing Office Phone: (520) 333-7388
- Listing Office Address: 2920 W Avenida Cresta, Tucson, AZ 85745
- Listing Member Phone: (443) 871-7728, 38847
Units Information
- Unit 1 Details: Rent: 1450
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 1057
- Unit 1 Details: # Bedrooms: 3
- Unit 1 Details: # Full Baths: 2
- Unit 1 Details: # Half Baths: 0
- Unit 1 Information: Parking: Single
- Unit 2 Details: # Bedrooms: 3
- Unit 2 Details: # Full Baths: 2
- Unit 2 Details: # Half Baths: 0
- Unit 2 Details: SqFt: 1057
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Property, On Property
- Unit 3 Information: Monthly Rent: 1450
- Unit 3 Details: SqFt: 1057
- Unit 3 Details: # Bedrooms: 3
- Unit 3 Details: # Half Baths: 0
- Unit 3 Information: Occupancy: Yes
- Unit 3 Information: Furnished: No
- Unit 4 Details: # Full Baths: 2
Amenities & Features
- Interior Features: Ceiling Fan(s)
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- RV Parking: Other: none
- Laundry: Laundry Closet
- Main Cooling: Central Air
- Main Heating: Forced Air
- Patio/Deck: None
- Pool: None
- Security: Window Bars
- Spa: None
- Water: City Water
- Water Heater: Electric
- Window Covering: Some
- Gas: None
- Total Parking: 6
Nearby Schools
- High School: Sunnyside
- Middle School: Sierra
- Elementary School: Drexel
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $2,192
- Expenses: Management: $0
- Expenses: Water/Sewer: $3,600
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $960
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $0
- Taxes: $2,192