Basics
| Date added Added 2 years ago | Category Multifamily | Type 2 Plex | Status Active |
| Year built 1974 | Days On Market 0 | List Price/SqFt 221.80 | County Pima |
| List Number Main 22326478 | Lot Acres 0.22 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions Irregular |
| View Mountain(s) | Attached/Detached Attached | MLS ID 22326478 |
Description
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Description:
Don't miss this exceptional investment opportunity in the heart of Tucson! This duplex offers two units, each with 2 bedrooms. The property also features a 2-car carport and separate electric meters for each unit, ensuring functionality and convenience. It's central location puts you in close proximity to popular cafes, restaurants, and shopping destinations. With downtown and The University of Arizona just a short distance away, this property offers endless possibilities. Don't miss out on this great opportunity to generate income by renting both units or live in one and rent the other. Act now and secure your future!
- Legal Description: Freeman E65' Of Lot 28
Rooms
- Sauna Level: Amphitheater
- Kitchen Features: Countertops: Laminate
- Kitchen Features: Appliance Color: White
- Breakfast: None
- Dining Areas: Eat-In Kitchen
- Dining Room: None
- Extra Room: None
Location
- Directions: Fort Lowell Rd and 1st Ave: North on 1st Ave. turn right onto E Freeman Pl. Property on your left.
Building Details
- Lot Features: Subdivided
- Floor covering: Carpet, Ceramic Tile
- Roof: Built-Up - Reflect
- Floor Covering: Other: Edge Concrete
- Construction: Burnt Adobe
- Style: Ranch
- 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: Tenant, Single
- Special Listing Conditions: None
- Ownership: Investor
- Subdivision Name: Freeman Addition
- Co-op Fee: $3
- Unit 2 Details: Rent: 950
- Landscape - Front: Other: Low Care
- Utilities: Tenant, Tenant
- Direction: E
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Low Care
- Driveway: Paved: Electric Range,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Fema Flood Zone: No
- Assessments: $0
- Section: 30
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 113-04-260A
- Range: 14.00
- Property Disclosures: Seller Prop Disclosure
- Road Type: Paved
- Road Maintenance: City
- Technology: Cable TV,High Speed Internet,Telephone
- Terms: Cash,Conventional,Submit
- Income: Gross Scheduled Rent: 23100.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $4,140
- Analysis: Cap Rate %: 5.42, 15.15
- Analysis: Gross Rent Multi: 15.15
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 2.62 sq ft
- Analysis: Exp % of Gross: 17.92
Listing Office
- Listing Office ShortId: 16706
- ListingOfficeName: Long Realty Company
- Listing Office Phone: (520) 299-2201
- Listing Office Address: 4051 E. Sunrise Dr No. 101, Tucson, AZ 85718
- Listing Office Url: http://www.LongRealty.com
- Listing Member Phone: 17286
Units Information
- Unit 1 Details: Rent: 925
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 787
- 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: 787
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: No, 1st
- Unit 2 Information: Parking: Carport
Amenities & Features
- Interior Features: Vaulted Ceilings
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- Laundry: Outside
- Main Cooling: Central Air
- Main Heating: Forced Air,Natural Gas
- Patio/Deck: Patio
- Pool: None
- RV Parking: Space Available
- Security: Window Bars
- Spa: None
- Water: City Water
- Water Heater: Electric,Natural Gas
- Window Covering: Stay
- Gas: Natural
- Total Parking: 2
Nearby Schools
- High School: Amphitheater
- Middle School: Amphitheater
- Elementary School: Holaway
Fees and Taxes
- Tax Year: 2023
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $1,580
- Expenses: Management: $0
- Expenses: Water/Sewer: $1,400
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $1,160
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $0
- Taxes: $1,609