1223,1227 E Elm Street

    Tucson, AZ 85719
    • $495,000
    • STATUS: Active Under Contract
    • ID#: 21921241
    Under Contract
    $495,000
    • 8
      BEDS
    • 0.14
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,156
      SQFT
    • $157
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Coldwell Banker Residential Br.

    Description

    This charming 4-plex is just over half a mile from campus and offers incredible investment potential in a neighborhood where rentals are rarely vacant. All brick and divided into two separate buildings, one side with a one-bedroom/one-bath and a three-bedroom/two-bath, while the other is divided into 2 two-bedroom/one-bath units. Options abound. Five parking spaces on site. Will not last long!

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    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-09-17T00:06:29.203.
    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 Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.thelocalrealestategroup.com/homes/97918590

    1223,1227 E Elm Street Tucson, AZ 85719

    • Price: $495,000
    • Status: Active Under Contract
    • ID#: 21921241
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,156
    SQFT
    $157
    $/SQFT
    1964
    Built
    Neighborhood:
    University Home Addition
    County:
    Pima
    Area:
    Central
    Elementary School:
    Blenman
    Middle School:
    Doolen
    High School:
    Catalina
    School District:
    TUSD
    Property Description
    This charming 4-plex is just over half a mile from campus and offers incredible investment potential in a neighborhood where rentals are rarely vacant. All brick and divided into two separate buildings, one side with a one-bedroom/one-bath and a three-bedroom/two-bath, while the other is divided into 2 two-bedroom/one-bath units. Options abound. Five parking spaces on site. Will not last long!
    Exterior Features

    Construction Brick Exterior Feature Storage Shed Fence Chain LinkShared FenceWood Landscape Front Low Care Landscape Rear Low Care Patio Deck Patio Pool None Road Type Paved Roof Built-Up Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property Unit4 Information Parking On Property View None

    Interior Features

    Bathroom Features Shower Only/Master Breakfast Eat-In Dining Areas Breakfast BarEat-In KitchenFormal Dining Room Dining Room Area Driveway None Extra Room None Floor Covering Ceramic TileVinyl Interior Features Ceiling Fan(S)Smoke Detector Kitchen Features Double SinkGas RangeRefrigerator Laundry Outside Living Areas Living Room Main Cooling Evap CentralAc Wall Main Heating Forced Air - Gas Technology High Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 720 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 720 Unit3 Information Furnished No Unit3 Information Number Half Baths 1 Unit4 Information Furnished No Unit4 Information Number Half Baths 0 Water Heater Natural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 5.94 Analysis Exp Percent Of Gross 19.66 Analysis Exp Sqft 2.28 Analysis Gross Rent Multi 13.52 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Assoc Amenities None Association And Fees Hoa No Attached Detached Attached Community None Contingent Active Contingent Country Usa Distressed Info None Dwelling Type 2 Plex Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Proforma Expenses Gas Electric 0.00 Expenses Insurance 922.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 4114.52 Expenses Water Sewer 2160.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 36600.00 Income Gross Scheduled Rent 36600.00 Income Net Opp Income 29403.48 Income Other Income 0.00 Income Total Expenses 7196.52 Income Vacancy Loss 0.00 Lot Dimensions 4-Plex Lot Features Subdivided Lots Lot Size Source Assessor Lot Sqft 6098.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures Lead Based PaintPlat MapSeller Prop Disclosure Road Maintenance City Section 6 Security None Sewer Connected Special Conditions None Style Ranch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs Yes Subdivision Restrict Deed Restrictions Yes Tax Year 2018 Taxes 4114.52 Taxes For Dwelling & Land Terms CashConventional Total Parking 5 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 700 Unit1 Information Stories Single Unit2 Information Floor 2nd Unit2 Information Monthly Rent 700 Unit2 Information Stories Single Unit3 Information Monthly Rent 1150 Unit3 Information Stories Single Unit4 Information Floor 1st Unit4 Information Monthly Rent 500 Unit4 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Landscaping Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

    Listing provided courtesy of Coldwell Banker Residential Br. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-09-17T00:06:29.203.
    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 Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    The Local Real Estate Group | Realty Executives
    6760 N Oracle Road Suite 130
    Tucson AZ, 85704
    Courtesy of Coldwell Banker Residential Br.