Basics
| Date added Added 2 years ago | Category Multifamily | Type 2 Plex | Status Active |
| Year built 1917 | Days On Market 90 | List Price/SqFt 444.69 | County Pima |
| List Number Main 22307107 | Lot Acres 0.12 acres | Municipality/Zoning Tucson - HR3 | Lot Dimensions 40'X130'' |
| View City,Residential | Attached/Detached Detached | MLS ID 22307107 |
Description
-
Description:
Historic West University updated homes 4bed/4bath with beautiful hardwood floors, modern kitchen, on-demand hot water, decorative fireplace, exuding an artist touch while maintaining the historical charm, overlooking a sparkling private pool/spa under a shaded ramada. Extensive vacation rental history with 5 Star ratings, parking for 2 vehicles at front of home. Additional front home with own address ( 518 E University Blvd, # 22220627) Included in sale. Perfect for guests, rental or as a private residence, modern luxury at its best. Walk to Tucson's famous 4th Ave Arts District or catch the modern streetcar to downtown, University Square, and the Mercado District. Great Income properties or luxury living encased in the History of the Old Pueblo.
- Legal Description: TUCSON E40' LOT 4 BLK 43
Rooms
- Sauna Level: TUSD
- Kitchen Features: Pantry: Closet
- Breakfast: Area
- Dining Areas: Dining in LR/GR
- Dining Room: Area
- Extra Room: Den
Open House
- 04/23/2311:00 to 13:00
- 05/21/2311:00 to 13:00
- 05/28/2311:00 to 14:00
Location
- Directions: 4th Ave and University, East past Time Market, Home on South side of University. Parking in front.
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, https://my.matterport.com/show/?m=CW4VcLJY2Rr
- Special Listing Conditions: None
- Ownership: Individual
- Subdivision Name: University Extension Add Resub
- Co-op Fee: $3
- Unit 2 Details: Rent: 1900
- Landscape - Front: Other: Decorative Gravel,Low Care,Natural Desert
- Utilities: Owner, Owner
- Direction: N
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Decorative Gravel,Low Care,Natural Desert
- Driveway: Paved: Dishwasher,Double Sink,Electric Range,Gas Range,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Fema Flood Zone: No
- Assessments: $0
- Section: 12
- Community: None
- Attribution Contact: 520-609-5121
- Fire Protection: Included in Taxes
- Tax Code: 117-03-3350
- Range: 13.00
- Property Disclosures: Insurance Claims History Report,Lead Based Paint,Seller Prop Disclosure
- Road Type: Chip/Seal
- Road Maintenance: City
- Technology: Cable TV,High Speed Internet
- Terms: Cash,Conventional,FHA Loan,Submit
- Income: Gross Scheduled Rent: 61200.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $48,975.97
- Analysis: Cap Rate %: 1.24, 16.16
- Analysis: Gross Rent Multi: 16.16
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 22.02 sq ft
- Analysis: Exp % of Gross: 80.03
Listing Office
- Listing Office ShortId: 16716
- ListingOfficeName: Long Realty -Green Valley
- Listing Office Phone: (520) 625-5000
- Listing Office Address: 275 W. Continental Rd. #101, Green Valley, AZ 85622
- Listing Office Url: http://greenvalley.longrealty.com
- Listing Member Phone: (520) 609-5121, 1420920
Units Information
- Unit 1 Details: Rent: 3200
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 1546
- Unit 1 Details: # Bedrooms: 3
- Unit 1 Details: # Full Baths: 3
- 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: 678
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: On Street
Amenities & Features
- Interior Features: Smoke Detector
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: Lighted,Paved Street,Sidewalks,Street Lights
- Main Cooling: Other: mini splits in guest
- Main Heating: Other: mini splits in guest
- Water Heater: None: On Demand
- Patio/Deck: Other: Pool/Spa Ramada
- RV Parking: Other: none
- Laundry: Dryer Included,In Kitchen,Washer Included
- Main Cooling: Central Air
- Main Heating: Forced Air,Natural Gas
- Pool: Community
- Security: Cameras
- Spa: Community
- Water Heater: Electric,Natural Gas
- Window Covering: Stay
- Gas: Natural
- Total Parking: 2
Nearby Schools
- High School: Tucson
- Middle School: Mansfeld
- Elementary School: Roskruge
Fees and Taxes
- Tax Year: 2022
- Expenses: Other Expenses: $5,500
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $3,124.11
- Expenses: Management: $21,000
- Expenses: Water/Sewer: $168.86
- Expenses: Contract Services: $800
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $10,100
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $2,800
- Expenses: Gas/Electric: $1,983
- Expenses: Maintenance Supplies: $3,500
- Taxes: $3,895.46