$329,000
Tucson, AZ 85745
MLS# 22404608
Status: Active Contingent
2084 sqft
1 / 22
Property Description
Here is a great chance to own a rent-ready duplex located in West Tucson. One unit is a 2 bed 1 bath and the other is a 3 bed 2 bath. Both units are easy to maintain with tile flooring, have excellent kitchens and bathrooms, and spacious bedrooms. Conveniently located near many shops, restaurants, and other amenities. You don't want to miss out on this opportunity!
Details
Maps
Documents
Address Information
Street #: 1328
Direction: W
Street Name: Niagara
Suffix: Street
State/Province: AZ
Zip Code: 85745
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 116-12-2220
Tax Year: 2023
Taxes: 1754.71
Taxes For: Dwelling & Land
Legal Description: EL RIO PARK LOT 19 BLK 10
Area: West
Subdivision: El Rio Park
Township: 14
Range: 13
Section: 11
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Community: None
Contract Information
Current Price: $329,000
List Price: $329,000
Listing Date: 2024-02-22
Status: Active Contingent
Co-Op Fee: 2.5%
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2024-05-13
Showing Information
Directions: Speedway/Grande Ave west on Speedway, south on Cuesta Ave, left on Niagara to address on the left.
General Property Information
Dwelling Type: 2 Plex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 45x147
Lot Acres: 0.16
Lot Sqft: 6752
Lot Size Source: Assessor
Combined SqFt: 2084
Year Built: 1943
Total Parking: 4
School District: TUSD
Elementary School: Manzo
Middle School: Mansfeld
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 157.87
Lot Size Price/SqFt: 48.73
Remarks & Misc
Geo Lat: 32.231898
Geo Lon: -110.994422
Unit 1 Information
Monthly Rent: 945
# Beds: 2
# Full Baths: 1
SqFt: 884
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 1295
# Beds: 3
# Full Baths: 2
SqFt: 1200
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 5.68
Gross Rent Multi: 12.88
Vacancy Rate %: 5
Exp/SqFt: 3.28
Exp % of Gross: 26.8
Income
Gross Scheduled Rent: 26880
Vacancy Loss: 1344
Adjusted Gross: 25536
Total Expenses: 6842.71
Net Opp Income: 18693.29
Expenses
Insurance: 1000
Management: 2688
Taxes/Assessments: 1754.71
Water/Sewer: 1400
Figures Presented: Proforma
Interior Features
Interior Steps: No
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Driveway
Paved: Concrete
RV Parking
Other: N/A
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No
Association & Fees
HOA: No
Submit With Offer
Digital Signatures: Yes
Seller Title Company: Fidelity
Home Protection
Offered: No
Property Features
Construction: Frame - Stucco
Style: Contemporary
Roof: Built-Up
Living Areas: Family Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: None
Kitchen Features: Gas Range; Garbage Disposal; Refrigerator
Bathroom Features: Shower & Tub/Primary; Shower & Tub/Hall
Laundry: Laundry Room; Dryer Included; Washer Included
Extra Room: None
Interior Features: Ceiling Fan(s)
Floor Covering: Ceramic Tile
Window Covering: Some
Technology: Cable TV; High Speed Internet; Telephone
Main Cooling: Central Air
Main Heating: Forced Air
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Active Water Mgmt
Accessibility Option: None
Security: None
Patio/Deck: Patio
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: Low Care
Landscape - Rear: Low Care
Road Type: Paved
Exterior Feature: None
Lot Features: Subdivided
Neighborhood Features: None
Terms: Cash; Conventional; FHA Loan; VA Loan
Submit With Offer: Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction
Property Disclosures: Lead Based Paint; Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Lead Paint Discl Listing Office: Keller Williams Southern Arizona
Last Updated: May - 13 - 2024
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