1308 W El Rio Drive

    Tucson, AZ 85745
    • $269,000
    • STATUS: Active Under Contract
    • ID#: 21910004
    Under Contract
    UPDATED: 75 min ago
    $269,000
    • 6
      BEDS
    • 0.16
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,721
      SQFT
    • $99
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2006
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Realty Executives Tucson Elite.

    Description

    Looking for a stellar location with tons of possibilities? Stop the presses! You have found it here! This multi-family income property is comprised of three separate lots; two of which are vacant and ready for you to expand & build on! (Additional parcel tax codes:115-17-214F & 115-17-214G) Currently one lot has a duplex with two identical 3 bed/2 bath units (each 1360 sq ft). (Current rent is $850/month per unit). Each unit has hook ups for a washer/dryer, too. Water is master metered (owner pays). Electric is tenant paid (no gas). This location is VERY convenient for UofA/Pima students as well as employees, AND close to transit lines, I-10, 4th Avenue, Downtown, Restaurants & Wildcat sporting arenas! Come visit and FALL-IN-LOVE!Water bill is about $120 a month (owner pays). Unit 1 is leased from 4/15/19 until 4/15/20. Unit 2 is leased until 10/29/2020.

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    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-06-20T15:06:32.627.
    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/93622037

    1308 W El Rio Drive Tucson, AZ 85745

    • Price: $269,000
    • Status: Active Under Contract
    • Updated: 75 min ago
    • ID#: 21910004
    6
    Beds
    4
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,721
    SQFT
    $99
    $/SQFT
    2006
    Built
    Neighborhood:
    El Rio Acres
    County:
    Pima
    Area:
    West
    Elementary School:
    Tully
    Middle School:
    Mansfeld
    High School:
    Tucson
    School District:
    TUSD
    Property Description
    Looking for a stellar location with tons of possibilities? Stop the presses! You have found it here! This multi-family income property is comprised of three separate lots; two of which are vacant and ready for you to expand & build on! (Additional parcel tax codes:115-17-214F & 115-17-214G) Currently one lot has a duplex with two identical 3 bed/2 bath units (each 1360 sq ft). (Current rent is $850/month per unit). Each unit has hook ups for a washer/dryer, too. Water is master metered (owner pays). Electric is tenant paid (no gas). This location is VERY convenient for UofA/Pima students as well as employees, AND close to transit lines, I-10, 4th Avenue, Downtown, Restaurants & Wildcat sporting arenas! Come visit and FALL-IN-LOVE!Water bill is about $120 a month (owner pays). Unit 1 is leased from 4/15/19 until 4/15/20. Unit 2 is leased until 10/29/2020.
    Exterior Features

    Construction Frame - Stucco Exterior Feature None Fence Chain Link Landscape Front Low CareNone Landscape Rear Low CareNone Patio Deck None Pool None Road Type Paved Roof Shingle Rv Parking Space Available Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View None

    Interior Features

    Bathroom Features Shower & Tub/HallShower Only/Master Breakfast None Dining Areas Eat-In Kitchen Dining Room Area Driveway None Extra Room None Floor Covering CarpetCeramic Tile Interior Features Smoke DetectorWalk In Closets Kitchen Features Double SinkElectric RangeGarbage DisposalRefrigerator Living Areas Great Room Main Cooling Ac Central Main Heating Heat Pump Technology Cable Tv Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 1360 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 1360 Water Heater Electric

    Property Features

    Accessibility Option None Analysis Cap Rate Percent -1.38 Analysis Exp Percent Of Gross 317.79 Analysis Exp Sqft 1.99 Analysis Gross Rent Multi 158.24 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 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 Actual Expenses Gas Electric 0.00 Expenses Insurance 1200.00 Expenses Maintenance Supplies 2000.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 2082.44 Expenses Water Sewer 120.00 Fema Flood Zone No Fire Protection Included in Taxes Gas None Horse Facilities No Horse Property No Income Adjusted Gross 1700.00 Income Gross Scheduled Rent 1700.00 Income Net Opp Income -3702.44 Income Other Income 0.00 Income Total Expenses 5402.44 Income Vacancy Loss 0.00 Lot Dimensions Irregular Lot Features Subdivided Lots Lot Size Source Assessor Lot Sqft 6991.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features Sidewalks Property Disclosures Seller Prop Disclosure Road Maintenance City Section 2 Security None Sewer Connected Special Conditions None Style Ranch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2018 Taxes 2082.44 Taxes For Dwelling & Land Terms CashConventionalSubmit All Total Parking 8 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 850 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 850 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

    Listing provided courtesy of Realty Executives Tucson Elite. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-06-20T15:06:32.627.
    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 Realty Executives Tucson Elite.