Basics
Date added Added 2 years ago | Category Multifamily | Type 4 Plex | Status Active |
Year built 1953 | Days On Market 47 | List Price/SqFt 238.86 | County Pima |
List Number Main 22307875 | Lot Acres 0.19 acres | Municipality/Zoning Tucson - C1 | Lot Dimensions Irregular |
View None | Attached/Detached Attached | MLS ID 22307875 |
Description
-
Description:
Great investment opportunity. Units ''refreshed'' in 2022 and each unit has its own newer mini-split. Bathrooms, carpet, appliances, fixtures, water heaters (except 1), paint, and mini-splits were all replaced or refurbished in 2022. Common area has low-care turf and landscaping. Off street parking available for tenants. Don't miss the sizeable undeveloped area on the west side of the lot. Property is shown with accepted contract only, please do not disturb tenants. Ring camera was not used by Seller and conveys as is. Property is professionally managed. Buyer to verify square footage of units/building.
- Legal Description: Mitchell Resub Of Blks 1 2 & 3 Lot 10 Blk 2
Rooms
- Sauna Level: Sunnyside
- Kitchen Features: Countertops: formica
- Breakfast: None
- Dining Areas: Dining in LR/GR
- Dining Room: None
- Extra Room: None
Location
- Directions: Valencia & South 6th Ave, South on 6th Ave, property on right.
Building Details
- Lot Features: Corner Lot,North/South Exposure,Subdivided
- Floor covering: Carpet, Ceramic Tile
- Roof: Shingle
- Construction: Frame - Stucco,Masonry Stucco
- Style: Contemporary
- Fence: Chain Link,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: Mitchell Add Resub Blks 1 2 3
- Co-op Fee: $3
- Unit 2 Details: Rent: 850
- Landscape - Front: Other: Low Care, turf
- Utilities: Owner, Tenant
- Direction: S
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Low Care,Trees
- Driveway: Paved: Gas Range,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: Car(s) Pad
- Fema Flood Zone: No
- Assessments: $0
- Section: 13
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 138-18-068C
- Range: 13.00
- Property Disclosures: Addendum,Insurance Claims History Report,Lead Based Paint,Public Airport Vcty,Seller Prop Disclosure
- Road Type: Paved
- Road Maintenance: City
- Technology: High Speed Internet,Telephone
- Terms: Cash,Conventional
- Income: Gross Scheduled Rent: 38028.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 720.00
- Income: Total Expenses: $10,209.04
- Analysis: Cap Rate %: 6.41, 11.48
- Analysis: Gross Rent Multi: 11.48
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 5.48 sq ft
- Analysis: Exp % of Gross: 26.35
Listing Office
- Listing Office ShortId: 472203
- ListingOfficeName: Russ Lyon Sotheby's International Realty
- Listing Office Phone: (520) 742-1335
- Listing Office Address: 3450 E. Sunrise Drive, Suite No. 150, Tucson, AZ 85718
- Listing Office Url: http://www.russlyon.com
- Listing Member Phone: (520) 906-0367, 11916
Units Information
- Unit 1 Details: Rent: 724
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 465
- 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: 465
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Property, On Property
- Unit 3 Information: Monthly Rent: 745
- Unit 3 Details: SqFt: 465
- 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: 850
- Unit 4 Details: SqFt: 465
- Unit 4 Details: # Full Baths: 1, 1
- Unit 4 Details: # Bedrooms: 1
- Unit 4 Details: # Half Baths: 0
- Unit 4 Information: Occupancy: Yes
- Unit 4 Information: Floor: 1st
- Unit 4 Information: Furnished: No
- Unit 4 Information: Parking: On Property
Amenities & Features
- Interior Features: Ceiling Fan(s),Smoke Detector, No
- Exterior Features: Courtyard
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- Main Cooling: Other: MINI SPLIT
- Main Heating: Other: MINI SPLIT
- RV Parking: Other: N/A
- Assoc Amenities: None
- Laundry: None
- Patio/Deck: None
- Pool: None
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Natural Gas
- Window Covering: Stay
- Gas: Natural
- Total Parking: 4
Nearby Schools
- High School: Desert View
- Middle School: Challenger
- Elementary School: Elvira
Fees and Taxes
- Tax Year: 2022
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $672.04
- Expenses: Management: $3,828
- Expenses: Water/Sewer: $2,580
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $829
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $2,300
- Taxes: $672.04