$764,000
Tucson, AZ 85719
MLS# 22431177
Status: Closed
1950 sqft
1 / 50
Property Description
Instant CASHFLOW, beautifully updated, corner lot, sought-after Sam Hughes!(Guest house currently rented for $1,465/mo). A fenced front yard with desert landscaping and a gated courtyard greet you. Inside, an L-shaped great room, original oak wood floors, fresh neutral paint throughout, and abundant natural light awaits. The modern kitchen has cherry cabinets, leathered granite counters, stainless appliances, stylish backsplash, and a breakfast bar. The primary suite features a wood-burning fireplace, backyard access, a private bathroom, and direct laundry room access. Enjoy a paved backyard with a covered patio, mature landscaping, outdoor kitchen w/Ramada, gas fire pit, and 10x20 workshop.
Details
Maps
Documents
Address Information
Country: USA
Street #: 2401
Direction: E
Street Name: 1st
Suffix: Street
State/Province: AZ
Zip Code: 85719
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2024
Taxes: 4789.49
Assessments: 0
Taxes For: Dwelling & Land
Legal Description: Speedway Heights Lot 9 Blk 1
Township: 14
Community: Sam Hughes
Range: 14
Section: 8
Municipality/Zoning: Tucson - C1
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 125-04-0080
Area: Central
Subdivision: Speedway Heights
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $764,000
Sold Price: $764,000
Listing Date: 2024-12-17
Status: Closed
Status Change Info
Off Market Date: 2025-01-06
Sold Price/SqFt: 391.79
Lot Sz Sold Prc/SqFt: 89.03
How Sold: Cash
Pending Date: 2025-01-04
Sold Date: 2025-01-29
Sold Price: $764,000
General Property Information
Dwelling Type: Duplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 49x173
Lot Acres: 0.2
Total Parking: 0
Lot Sqft: 8581
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Sam Hughes
Middle School: Mansfeld
High School: Tucson
Horse Facilities: No
List Price/SqFt: 394.36
Lot Size Price/SqFt: 89.62
Combined SqFt: 1950
Year Built: 1963
Showing Information
Directions: From Speedway and Tucson Blvd, Head south on Tucson Blvd, Turn West on 1st St. House is located at the corner of 1st St and Norton Av
Unit Info
# of Units/1 BR: 1
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 2995
# Beds: 3
# Full Baths: 2
SqFt: 1450
Occupancy: No
Stories: Single
Floor: 1st
Furnished: Partially
Parking: On Property
Income
Vacancy Loss: 5000
Other Income: 0
Adjusted Gross: 48520
Total Expenses: 6558.2
Gross Scheduled Rent: 53520
Net Opp Income: 41961.8
Gas
Natural: 1
Unit 2 Information
Monthly Rent: 1465
# Beds: 1
# Full Baths: 1
SqFt: 500
Occupancy: No
Stories: Single
Floor: 1st
Furnished: Yes
Parking: On Property
Analysis
Gross Rent Multi: 15.75
Vacancy Rate %: 9.34
Exp/SqFt: 3.36
Exp % of Gross: 13.52
Cap Rate %: 5.49
Construction
Brick: 1
Stucco Finish: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 505
Figures Presented: Actual
Gas/Electric: 767.1
Insurance: 0
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 4519
Water/Sewer: 767.1
Other Expenses: 0
Style
Bungalow: 1
Sewer
Connected: 1
Roof
Shingle: 1
Water
Public: 1
Living Areas
Great Room: 1
Dining Areas
Breakfast Bar: 1
Fence
Block: 1
Stucco Finish: 1
Dining Room
None: 1
View
None: 1
Breakfast
Bar: 1
Road Type
Paved: 1
Kitchen Features
Countertops: Leathered granite
Gas Range: 1
Pantry: Cabinet
Appliance Color: Stainless
Dishwasher: 1
Disposal: 1
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
Adjacent to Alley: 1
Corner Lot: 1
North/South Exposure: 1
Subdivided: 1
Main Cooling
Central Air: 1
Laundry
Laundry Room: 1
Neighborhood Features
Basketball Court: 1
Historic: 1
Jogging/Bike Path: 1
Park: 1
Paved Street: 1
Pool: 1
Sidewalks: 1
Tennis Court(s): 1
Main Heating
Forced Air: 1
Natural Gas: 1
Extra Room
Storage: 1
Water Heater
Recirculating Pump: 1
Association & Fees
HOA: No
Interior Features
Ceiling Fan(s): 1
Interior Steps: Yes
Split Plan: 1
Storage: 1
Bathroom Features
Shower Only/Hall: 1
Countertops/Primary: leathered granite
Terms
Cash: 1
Conventional: 1
FHA Loan: 1
Owner Carry: 1
VA Loan: 1
Floor Covering
Ceramic Tile: 1
Wood: 1
Submit With Offer
Digital Signatures: Yes
Earnest Check: 1
Lender Pre-Approval: 1
Proof of Funds: 1
Window Covering
Stay: 1
Accessibility Option
None: 1
Window Features
Double Pane Windows: 1
Technology
Cable TV: 1
Telephone: 1
Security
Other: smoke detectors
Sold Info
Down Payment: 0
Est. Closing Date: 2025-01-29
Seller Concessions: 0
Seller Paid Repairs: 23297
Landscape - Front
Decorative Gravel: 1
Desert Plantings: 1
Low Care: 1
Sprinkler/Drip: 1
Trees: 1
Landscape - Rear
Decorative Gravel: 1
Desert Plantings: 1
Flower Beds: 1
Grass: 1
Shrubs: 1
Trees: 1
Patio/Deck
Covered: 1
Paver: 1
Ramada: 1
Utilities Paid
Cable TV: Owner
Electric: Tenant
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Pool
Community: 1
Property Disclosures
Lead Based Paint: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
Paved: Gravel
RV Parking
Space Available: 1
Exterior Feature
Barbecue: 1
Built-in Barbecue: 1
Courtyard: 1
Outdoor Kitchen: 1
Shed(s): 1
Workshop: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: No
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.235244
Geo Lon: -110.936505
Property Features
Construction: Brick; Stucco Finish
Style: Bungalow
Roof: Shingle
Living Areas: Great Room
Dining Areas: Breakfast Bar
Dining Room: None
Breakfast: Bar
Kitchen Features: Gas Range; Dishwasher; Disposal; Refrigerator
Bathroom Features: Shower Only/Hall
Laundry: Laundry Room
Extra Room: Storage
Interior Features: Ceiling Fan(s); Split Plan; Storage
Floor Covering: Ceramic Tile; Wood
Window Covering: Stay
Window Features: Double Pane Windows
Technology: Cable TV; Telephone
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Water Heater: Recirculating Pump
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Pool: Community
Spa: None
Fence: Block; Stucco Finish
Landscape - Front: Decorative Gravel; Desert Plantings; Low Care; Sprinkler/Drip; Trees
Landscape - Rear: Decorative Gravel; Desert Plantings; Flower Beds; Grass; Shrubs; Trees
View: None
Road Type: Paved
RV Parking: Space Available
Exterior Feature: Barbecue; Built-in Barbecue; Courtyard; Outdoor Kitchen; Shed(s); Workshop
Lot Features: Adjacent to Alley; Corner Lot; North/South Exposure; Subdivided
Neighborhood Features: Basketball Court; Historic; Jogging/Bike Path; Park; Paved Street; Pool; Sidewalks; Tennis Court(s)
Terms: Cash; Conventional; FHA Loan; Owner Carry; VA Loan
Submit With Offer: Earnest Check; Lender Pre-Approval; Proof of Funds
Property Disclosures: Lead Based Paint
Special Conditions: None
Supplements
Guest house Is has a full kitchen, pendant lighting, open living areas, a bath, and stacked laundry. Both units were recently vacated.This has been a long term student rental for the owners children as they went to the University. Rental demand for this property is high. Previous rents were $2,995/mo for the Main House & the guest house is currently rented for $1,465/mo until March 2025. Tenants paid utilities.
Seller Disclosure 
Listing Office: eXp Realty
Last Updated: February - 14 - 2025
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