Basics
| Date added Added 1 year ago | Category Multifamily | Type 4 Plex | Status Active |
| Year built 1953 | Days On Market 3 | List Price/SqFt 273.27 | County Pima |
| List Number Main 22416962 | Lot Acres 0.60 acres | Municipality/Zoning Tucson - RX2 | Lot Dimensions Irrregular |
| View Mountain(s),Sunrise | Attached/Detached Attached | MLS ID 22416962 |
Description
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Description:
Originally built in the 1950s by Merle Norman, the cosmetic queen, as guest quarters for her ranch, this unique property was restored, renovated, and reimagined in 2010 as the Arroyo House bed and breakfast. Today, it offers versatile usage options: you can utilize it as a short-term rental, long-term rental, or as a bed and breakfast. Located in the gated community of Rancho Merlita, the Arroyo House sits on a 0.60-acre of manicured desert landscaping and passive water harvesting. The main house consists of 4 bedrooms, each with an ensuite bathroom. A shared common kitchen, dining room, and laundry room. Connected by a long covered sitting porch, All rooms have polished concrete floors dual, pane windows, high-efficiency mini split heating and cooling, and
- Legal Description: El Rancho Merlita Lot 12
Rooms
- Sauna Level: TUSD
- Breakfast: None
- Dining Areas: Dining in LR/GR
- Dining Room: Area
- Extra Room: None
Location
- Directions: Wrightstown/Pantano. East on Wrightstown. to Corte Tomasin on Right. Through gate. Proceed to roundabout 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: Individual
- Subdivision Name: El Rancho Merlita (1-16)
- Co-op Fee: $3
- Unit 2 Details: Rent: 900
- Landscape - Front: Other: Decorative Gravel,Desert Plantings,Low Care,Shrubs,Sprinkler/Drip,Trees
- Utilities: Owner, Owner
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Decorative Gravel,Desert Plantings,Natural Desert,Shrubs,Sprinkler/Drip,Trees
- Driveway: Paved: Garbage Disposal,Gas Range,Refrigerator
- Association & Fees: HOA: Yes
- Association & Fees: HOA Name: Rancho Merlita HOA
- Home Protection: Offered: No
- Fema Flood Zone: Yes
- Assessments: $0
- Section: 4
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 133-07-3390
- Range: 15.00
- Property Disclosures: CC&Rs,Lead Based Paint,Public Report,Seller Prop Disclosure
- Road Type: Paved
- Road Maintenance: HOA
- Technology: Cable TV,High Speed Internet,Telephone
- Terms: Cash,Conventional
- Income: Gross Scheduled Rent: 43200.00
- Income: Vacancy Loss: 1800.00
- Income: Other Income: 0.00
- Income: Total Expenses: $14,801
- Analysis: Cap Rate %: 5.33, 12.05
- Analysis: Gross Rent Multi: 12.05
- Analysis: Vacancy Rate %: 4.17
- Analysis: Exp/SqFt: 8.11 sq ft
- Analysis: Exp % of Gross: 35.75
Listing Office
- Listing Office ShortId: 52896
- ListingOfficeName: Long Realty Company
- Listing Office Phone: (520) 918-2400
- Listing Office Address: 1880 E River Rd Ste 120, Tucson, AZ 85718
- Listing Member Phone: (520) 241-3123, 32545
Units Information
- Unit 1 Details: Rent: 900
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 307
- 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: 307
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: No, 1st
- Unit 2 Information: Parking: On Property, On Property
- Unit 3 Information: Monthly Rent: 900
- Unit 3 Details: SqFt: 307
- Unit 3 Details: # Bedrooms: 1
- Unit 3 Information: Occupancy: No
- Unit 3 Information: Furnished: No
- Unit 4 Details: Rent: 900
- Unit 4 Details: SqFt: 467
- Unit 4 Details: # Full Baths: 1, 1
- Unit 4 Details: # Bedrooms: 1
- 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),Dual Pane Windows,Fire Sprinklers,Smoke Detector
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: Gated Community,Paved Street,Walking Trail
- Main Cooling: Other: mini split
- Main Heating: Other: mini splits
- RV Parking: Other: None
- Assoc Amenities: None
- Laundry: Dryer Included,Laundry Room,Washer Included
- Green Features: Bath Exhaust Out,Low Flow Showerheads,Rainwater Harvesting
- Main Cooling: Ceiling Fan(s),Zoned
- Main Heating: Heat Pump,Zoned
- Patio/Deck: Covered,Patio
- Pool: None
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Natural Gas
- Window Covering: Some
- Gas: Natural
- Total Parking: 6
Nearby Schools
- High School: Sabino
- Middle School: Magee
- Elementary School: Bloom
Fees and Taxes
- Tax Year: 2023
- Association & Fees: HOA Amt (Monthly): $150
- Association & Fees: HOA Payment Frequency: Annually
- Expenses: Other Expenses: $2,400
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $2,001
- Expenses: Management: $0
- Expenses: Water/Sewer: $1,700
- Expenses: Contract Services: $1,000
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $1,800
- Expenses: Gas/Electric: $2,900
- Expenses: Maintenance Supplies: $3,000
- Taxes: $2,000.10