$749,000
Tucson, AZ 85701
MLS# 22411675
1800 sqft
1 / 41
Property Description
Wonderful adobe triplex in sought after Barrio Santa Rosa! Be a part of all the action downtown has to offer. Enjoy easy access to a plethora of exquisite dining and entertainment options, vibrant nightlife, and cultural hotspots. Enjoy the A mountain fireworks all from the comfort of your front yard. This one-of-a-kind triplex offers three 1bedroom 1bath units, each with their own unique style and character. Each individual unit oozes with downtown Tucson charm, featuring wood and concrete floors, updated kitchen and bathrooms, updated light fixtures, and laundry facilities in each dwelling!! Every unit has its own private outdoor space as well. Take advantage of this fantastic location and huge income generating potential! The owner has primarily used these units as executive rentals
Details
Maps
Documents
Address Information
Street #: 1015
Direction: S
Street Name: Meyer
Suffix: Avenue
State/Province: AZ
Zip Code: 85701
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 117-09-0720
Tax Year: 2023
Taxes: 2060.1
Taxes For: Dwelling & Land
Legal Description: TUCSON W80' M/L OF LOT 5 BLK 156
Area: Central
Subdivision: C.O.T. Resub
Township: 14
Range: 13
Section: 13
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: TBD
Community: None
Contract Information
Current Price: $749,000
List Price: $749,000
Listing Date: 2024-05-06
Status: Active
Co-Op Fee: 3%
Method of Title: Fee (Simple)
Distressed Info: None
Showing Information
Directions: From I-10. Go East on E. 22nd Street. North on 6th Ave. West on 20th St. South on S. Meyer Ave.
General Property Information
Dwelling Type: 3 Plex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: Various
Lot Acres: 0.09
Lot Sqft: 3920
Lot Size Source: Assessor
Combined SqFt: 1800
Year Built: 1924
School District: TUSD
Elementary School: Carrillo
Middle School: Safford K-8 Magnet
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 416.11
Lot Size Price/SqFt: 191.07
Remarks & Misc
Geo Lat: 32.208947
Geo Lon: -110.972185
Unit 1 Information
Monthly Rent: 1800
# Beds: 1
# Full Baths: 1
SqFt: 600
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Yes
Parking: On Street
Unit 2 Information
Monthly Rent: 1400
# Beds: 1
# Full Baths: 1
SqFt: 600
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Yes
Parking: On Street
Unit 3 Information
Monthly Rent: 1350
# Beds: 1
# Full Baths: 1
SqFt: 600
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Street
Analysis
Cap Rate %: 0.13
Gross Rent Multi: 164.62
Exp/SqFt: 2
Exp % of Gross: 79.12
Income
Gross Scheduled Rent: 4550
Adjusted Gross: 4550
Total Expenses: 3600
Net Opp Income: 950
Expenses
Gas/Electric: 1500
Water/Sewer: 900
Other Expenses: 1200
Figures Presented: Proforma
Kitchen Features
Appliance Color: White
Countertops: Concrete
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Owner
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
RV Parking
Other: none
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No
Association & Fees
HOA: No
Home Protection
Offered: No
Property Features
Construction: Mud Adobe; Stucco Finish
Style: Bungalow
Roof: Shingle
Living Areas: Living Room
Dining Areas: Eat-In Kitchen
Dining Room: Area
Breakfast: None
Kitchen Features: Electric Range; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: Outside; Dryer Included; Washer Included
Extra Room: None
Interior Features: Ceiling Fan(s)
Floor Covering: Wood
Window Covering: Some
Technology: Telephone
Main Cooling: Ceiling Fan(s); Central Air
Main Heating: Electric
Water Heater: Electric
Gas: None
Sewer: Connected
Water: City Water
Accessibility Option: None
Security: None
Patio/Deck: None
Pool: None
Spa: None
Fence: Wood
Landscape - Front: Desert Plantings
Landscape - Rear: None
View: Mountain(s)
Road Type: Paved
Driveway: None
Exterior Feature: None
Lot Features: East/West Exposure
Neighborhood Features: None
Assoc Amenities: None
Terms: Cash; Conventional; FHA Loan; VA Loan
Submit With Offer: Lender Pre-Approval; Proof of Funds
Property Disclosures: Lead Based Paint; Military Airport Vct; Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Supplements
with a proven track record of cash flow. The options are endless, live in one unit and rent out two, rent out all three, use as vacation rentals. Take advantage of the exquisite location for gem show housing! Do not let this opportunity pass you by and schedule a showing today!
Disclosure of Information on Lead-Based Listing Office: Tierra Antigua Realty
Last Updated: May - 10 - 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.
