$899,000
Tucson, AZ 85711
MLS# 22406061
5661 sqft
1 / 21
Property Description
Great investment opportunity. 7 total units consisting of 5 separate houses and 1 duplex for easy financing. Property has 2 separate tax codes and must be sold together. There are a total of 16 bedrooms and 8 bathrooms. Each unit has washer and dryer hookups, fenced yards and tile floors. Some units have A/C and carports. Highly desirable private driveway into property adds plenty of extra parking space, security and privacy. Due to low turnover, some rents may be below current market value. Square footage, income and lot size are a combined total for both properties on the listing. Call listing agent with any questions or for more information.
Details
Maps
Documents
Address Information
Street #: 5836-5848
Direction: E
Street Name: 24Th
Suffix: Street
State/Province: AZ
Zip Code: 85711
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 131-09-071A
Comparable Only Listing: No
Tax Year: 2023
Taxes: 3302.77
Taxes For: Dwelling & Land
Legal Description: Craycroft Lot 2 Exc E84' N140' Blk 3 and Craycroft E84'ofLot 2 Blk 3
Area: Central
Subdivision: Craycroft Add
Township: 14
Range: 14
Section: 24
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Community: None
Contract Information
Current Price: $899,000
List Price: $899,000
Listing Date: 2024-03-08
Status: Active
Co-Op Fee: 3%
Method of Title: Fee (Simple)
Distressed Info: None
Showing Information
Directions: Head East on E 22nd St. Right toward S Sahuara Ave. Right onto S Sahuara Ave. Right onto E 24th St. Home will be on the left.
General Property Information
Dwelling Type: 4 Plex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.75
Lot Sqft: 32670
Lot Size Source: Assessor
Combined SqFt: 5661
Year Built: 1949
Total Parking: 14
School District: TUSD
Elementary School: Wheeler
Middle School: Roberts (at Naylor)
High School: Palo Verde
Horse Property: No
Horse Facilities: No
List Price/SqFt: 158.81
Lot Size Price/SqFt: 27.52
Remarks & Misc
Geo Lat: 32.203564
Geo Lon: -110.867417
Unit Info
# of Units/2 BR: 3
# of Units/3 BR: 1
Unit 1 Information
Monthly Rent: 575
# Beds: 2
# Full Baths: 1
SqFt: 658
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 675
# Beds: 3
# Full Baths: 1
SqFt: 658
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 975
# Beds: 3
# Full Baths: 2
SqFt: 1220
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property
Unit 4 Information
Monthly Rent: 875
# Beds: 2
# Full Baths: 1
SqFt: 782
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 7.46
Gross Rent Multi: 12.7
Exp/SqFt: 0.65
Exp % of Gross: 5.23
Income
Gross Scheduled Rent: 70800
Adjusted Gross: 70800
Total Expenses: 3702.77
Net Opp Income: 67097.23
Expenses
Taxes/Assessments: 3302.77
Water/Sewer: 400
Figures Presented: Actual
Kitchen Features
Pantry: Cabinet
Appliance Color: Other
Interior Features
Interior Steps: No
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Tenant
Sewer: Owner
Taxes: Owner
Trash: Tenant
Water: Owner
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No
Association & Fees
HOA: No
Submit With Offer
Digital Signatures: Yes
Home Protection
Offered: No
Property Features
Construction: Slump Block
Style: Ranch
Roof: Built-Up; Built-Up - Reflect; Shingle
Living Areas: Great Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: None
Bathroom Features: Shower & Tub/Primary
Laundry: Laundry Room
Extra Room: None
Floor Covering: Carpet; Ceramic Tile
Window Covering: Stay
Technology: Cable TV; High Speed Internet; Telephone
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Forced Air
Water Heater: Electric
Gas: Natural
Sewer: Connected
Water: City Water
Accessibility Option: None
Security: None
Patio/Deck: Covered
Pool: None
Spa: None
Fence: Chain Link; Wood
Landscape - Front: Decorative Gravel; Low Care
Landscape - Rear: Decorative Gravel; Low Care; Shrubs; Trees
View: Residential
Road Type: Paved
Driveway: To Property Line
RV Parking: Space Available
Exterior Feature: Courtyard
Lot Features: North/South Exposure; Subdivided
Neighborhood Features: None
Assoc Amenities: None
Terms: Cash; Conventional
Submit With Offer: Earnest Check; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint; Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Lead Paint Discl Listing Office: United Real Estate Specialists
Last Updated: May - 09 - 2024
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