$419,000
Tucson, AZ 85706
MLS# 22401686
Status: Closed
2525 sqft
1 / 27
Property Description
Do not disturb tenants! Drive by only. Recently remodeled duplex and single family home on separate parcels. Front house is 1,003 sqft 3bed 1 bath. Back duplex is 1,522 sqft 1bed 1 bath units with carport parking. This prime multifamily property has ample parking and large backyards. Units are well maintained and underwent major renovations 2 years ago - new double pane windows, epoxy flooring, HVAC, electric panels, roof replacement, custom metal fencing and more have all been completed. All units separately metered for tenants to pay electric and gas. Seller is licensed to sell real estate in Arizona. Sale includes address 5749 S. Southland BLVD (140-23-0500) and 5751 S. Southland BLVD (140-23-0490).
Details
Maps
Address Information
Street #: 5749
Direction: S
Street Name: Southland
Suffix: Boulevard
State/Province: AZ
Zip Code: 85706
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 140-23-0500
Tax Year: 2023
Taxes: 1155.58
Taxes For: Dwelling & Land
Legal Description: From Parcel:139210500 /Southland Park Lot 26 Exc E106' Blk 2
Area: South
Subdivision: Southland Park
Township: 15
Range: 14
Section: 7
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Community: None
Contract Information
Current Price: $235,000
List Price: $419,000
Listing Date: 2024-01-19
Status: Closed
Co-Op Fee: 3%
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2024-04-07
Pending Date: 2024-04-07
Sold Date: 2024-05-01
Sold Price: 235000
Sold Price/SqFt: 93.07
Lot Sz Sold Prc/SqFt: 23.46
How Sold: Cash
Showing Information
Directions: Head south on Nogales Highway. Turn east on Drexel. Turn south on Southland BLVD. Property is on east side of steet.
General Property Information
Dwelling Type: 3 Plex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 79'x125'x80'x125'
Lot Acres: 0.23
Lot Sqft: 10018
Lot Size Source: Assessor
Combined SqFt: 2525
Year Built: 1950
Total Parking: 3
School District: Sunnyside
Elementary School: Drexel
Middle School: Apollo
High School: Sunnyside
Horse Property: No
Horse Facilities: No
List Price/SqFt: 165.94
Lot Size Price/SqFt: 41.82
Remarks & Misc
Geo Lat: 32.147112
Geo Lon: -110.959293
Unit Info
# of Units/1 BR: 2
Avg Mo Rent/1 BR: 950
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 1350
Unit 1 Information
Monthly Rent: 895
# Beds: 1
# Full Baths: 1
SqFt: 761
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Unit 2 Information
Monthly Rent: 950
# Beds: 1
# Full Baths: 1
SqFt: 761
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Unit 3 Information
Monthly Rent: 1350
# Beds: 3
# Full Baths: 1
Analysis
Cap Rate %: 16.31
Gross Rent Multi: 6.13
Income
Gross Scheduled Rent: 38340
Adjusted Gross: 38340
Net Opp Income: 38340
Expenses
Figures Presented: Proforma
Kitchen Features
Oven: 1
Floor Covering
Other: epoxy
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Fence
Other: Metal
Driveway
Paved: Gravel
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Association & Fees
HOA: No
Home Protection
Offered: No
Property Features
Construction: Brick
Style: Ranch
Roof: Rolled; Shingle
Living Areas: Family Room; Living Room
Dining Areas: Eat-In Kitchen
Dining Room: Area
Breakfast: None
Kitchen Features: Gas Range
Bathroom Features: Shower & Tub/Primary
Laundry: Outside
Extra Room: None
Interior Features: Ceiling Fan(s)
Window Covering: Some
Technology: Cable TV; High Speed Internet
Main Cooling: Central Air
Main Heating: Natural Gas
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: City Water
Accessibility Option: None
Security: None
Patio/Deck: Slab
Pool: None
Spa: None
Landscape - Front: Decorative Gravel; Natural Desert
Landscape - Rear: Decorative Gravel; Natural Desert
View: Residential
Road Type: Chip/Seal
RV Parking: Space Available
Exterior Feature: None
Lot Features: North/South Exposure
Neighborhood Features: None
Assoc Amenities: None
Terms: Cash; Conventional; FHA Loan; Submit; VA Loan
Submit With Offer: Loan Pre-Qualifiaction
Property Disclosures: Lead Based Paint; Public Airport Vcty
Special Conditions: None
Listing Office: OMNI Homes International
Last Updated: May - 09 - 2024
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