$350,000
Tucson, AZ 85716
MLS# 22325981
1475 sqft
1 / 45
Property Description
Ranged pricing: seller will respond to offers between $350,000 and $360,000. It is a perfect investment opportunity with NO HOA, only 15 minutes from the University! Great potential in midtown, central to all the best of what Tucson has to offer. Two updated units, to rent or to live, ready for immediate occupancy! Front house: 3bd/2ba, custom jetted showers, Hunter ceiling fans, brand NEW tankless water heater, updated appliances, NEW double pane windows, fresh paint inside and out, and large yard with shed. All electrical and plumbing in main house was replaced 4 years ago. Back house is a cute and cozy 1bd/1ba unit with brand new water heater & electrical box, full kitchen, separate laundry and private yard.
Details
Maps
Documents
Address Information
Street #: 2821-2823
Direction: N
Street Name: Dodge
Suffix: Boulevard
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 111-06-1490
Tax Year: 2023
Taxes: 1655.02
Taxes For: Dwelling & Land
Legal Description: From Parcel:001010010 /Lincoln Park N60' S240' Lot 10 Blk 6
Area: Central
Subdivision: Lincoln Park
Township: 13
Range: 14
Section: 33
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: TBD
Community: None
Contract Information
Current Price: $350,000
List Price: $350,000
Listing Date: 2023-12-01
Status: Active
Co-Op Fee: 3%
Method of Title: Fee (Simple)
Distressed Info: None
Showing Information
Directions: West on Grant, North on Dodge, House on Left.
General Property Information
Dwelling Type: 2 Plex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 117x71x118x74
Lot Acres: 0.17
Lot Sqft: 7187
Lot Size Source: Assessor
Combined SqFt: 1475
Year Built: 1945
Total Parking: 4
School District: TUSD
Elementary School: Davidson
Middle School: Doolen
High School: Catalina
Horse Property: No
Horse Facilities: No
List Price/SqFt: 237.29
Lot Size Price/SqFt: 48.7
Remarks & Misc
Geo Lat: 32.258304
Geo Lon: -110.91498
Unit 1 Information
Monthly Rent: 1600
# Beds: 3
# Full Baths: 2
SqFt: 1115
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 650
# Beds: 1
# Full Baths: 1
SqFt: 360
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 5.74
Gross Rent Multi: 12.96
Exp/SqFt: 4.69
Exp % of Gross: 25.63
Income
Gross Scheduled Rent: 27000
Adjusted Gross: 27000
Total Expenses: 6920
Net Opp Income: 20080
Expenses
Capital Expenses: 3555
Gas/Electric: 150
Insurance: 1500
Taxes/Assessments: 1655
Water/Sewer: 60
Figures Presented: Proforma
Kitchen Features
Countertops: Granite
Microwave: Yes
Oven: Yes
Bathroom Features
Countertops/Primary: Cultured
Interior Features
Interior Steps: No
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Owner
Electric: Owner
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Driveway
Paved: Gravel
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Association & Fees
HOA: No
Submit With Offer
Digital Signatures: Yes
Home Protection
Offered: No
Property Features
Construction: Frame - Stucco
Style: Ranch
Roof: Shingle
Living Areas: Family Room
Dining Areas: Breakfast Nook
Dining Room: None
Breakfast: Nook
Kitchen Features: Breakfast Nook; Double Sink; Gas Range; Lazy Susan; Dishwasher; Garbage Disposal; Refrigerator
Bathroom Features: Shower Only/Primary
Laundry: Laundry Room; Storage; Dryer Included; Washer Included
Extra Room: None
Interior Features: Ceiling Fan(s); Dual Pane Windows; Split Bedroom Plan; Storage
Floor Covering: Ceramic Tile
Window Covering: Stay
Technology: Cable TV
Main Cooling: Central Air
Main Heating: Gas Pac
Water Heater: Electric
Gas: Natural
Sewer: Connected
Water: City Water
Accessibility Option: None
Security: None
Patio/Deck: None
Pool: None
Spa: None
Fence: Slump Block; Stucco Finish; Wrought Iron
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: Mountain(s)
Road Type: Paved
RV Parking: Space Available
Exterior Feature: None
Lot Features: East/West Exposure
Neighborhood Features: None
Terms: Cash; Conventional; FHA Loan; VA Loan
Submit With Offer: Loan Pre-Qualifiaction
Property Disclosures: Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Supplements
All electrical and plumbing in main house was replaced 4 years ago. Back house is a cute and cozy 1bd/1ba unit
with full kitchen, separate laundry and separate yard. Ample parking for both units on property. Must see
Income Property SPDS Listing Office: Coldwell Banker Realty
Last Updated: April - 25 - 2024
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