1402 E Elm Street , 1&2

    Tucson, AZ 85719
    • $480,000
    • STATUS: Closed
    • ID#: 21916659
    Sold - 01/30/2020
    $480,000
    SOLD - 01/30/2020
    • 8
      BEDS
    • 0.17
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,827
      SQFT
    • $170
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Grijalva Realty Corporation.

    Description

    Great find! Excellent opportunity 5 blocks from U of A. and Banner Health. Two 4BR/2BA houses on one lot. With U of A students as primary tenants, the units have virtually no vacancy. #1 currently vacant for remodeling and new stainless steel appliances have been installed! New showers with subway tile, new vanities, new light fixtures, new carpet in bedrooms, ceramic tile in other areas. AC, washer & dryer included in each house. Front house has 2 BR and 1 BA in the front and 2 BR 1 BA in the rear of the house. Back house is much newer. 2 BR 1 BA on each side of the living area so they are split plans. Fresh paint on the exterior. New corrugated metal fencing. Each kitchen has a stove, side by side refrigerator, microwave, and dishwasher. Tenants pay all utilities.

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    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-02-20T11:06:35.91.
    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/96183961

    1402 E Elm Street , 1&2 Tucson, AZ 85719

    • Price: $525,000
    • Status: Closed
    • Updated: 47 min ago
    • ID#: 21916659
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,827
    SQFT
    $170
    $/SQFT
    1968
    Built
    Neighborhood:
    Plumer & Steward Add
    County:
    Pima
    Area:
    Central
    Elementary School:
    Roskruge
    Middle School:
    Mansfeld
    High School:
    Tucson
    School District:
    TUSD
    Property Description
    Great find! Excellent opportunity 5 blocks from U of A. and Banner Health. Two 4BR/2BA houses on one lot. With U of A students as primary tenants, the units have virtually no vacancy. #1 currently vacant for remodeling and new stainless steel appliances have been installed! New showers with subway tile, new vanities, new light fixtures, new carpet in bedrooms, ceramic tile in other areas. AC, washer & dryer included in each house. Front house has 2 BR and 1 BA in the front and 2 BR 1 BA in the rear of the house. Back house is much newer. 2 BR 1 BA on each side of the living area so they are split plans. Fresh paint on the exterior. New corrugated metal fencing. Each kitchen has a stove, side by side refrigerator, microwave, and dishwasher. Tenants pay all utilities.
    Exterior Features

    Construction Concrete BlockFrame - Stucco Driveway Paved Asphalt Exterior Feature None Landscape Front Low Care Landscape Rear Low Care Patio Deck None Pool None Road Type Paved Roof MetalRolled Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View Residential

    Interior Features

    Bathroom Features Shower Only/MasterShower Only/Hall Breakfast Area Dining Areas Dining in Lr/Gr Dining Room Area Driveway Car(S) Pad Extra Room None Floor Covering CarpetCeramic Tile Interior Features Ceiling Fan(S)Smoke DetectorSplit PlanStorage Kitchen Features Electric RangeDishwasherRefrigerator Laundry ClosetDryer IncludedWasher Included Living Areas Living Room Main Cooling Ac Central Main Heating Forced Air - Elec Technology Cable Tv Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 1599 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 1260 Water Heater Electric

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 8.00 Analysis Exp Percent Of Gross 11.06 Analysis Exp Sqft 1.69 Analysis Gross Rent Multi 11.11 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Detached Community None 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 500.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 4277.00 Expenses Water Sewer 0.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 43200.00 Income Gross Scheduled Rent 43200.00 Income Net Opp Income 38423.00 Income Other Income 0.00 Income Total Expenses 4777.00 Income Vacancy Loss 0.00 Lot Dimensions 54X151x54x151 Lot Features Adjacent To AlleyCorner LotNorth/South ExposureSubdivided Lots Lot Size Source Assessor Lot Sqft 7405.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features Paved Street Property Disclosures Lead Based PaintSeller Prop Disclosure Road Maintenance City Section 6 Security Alarm Leased Sewer Connected Special Conditions None Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions Yes Tax Year 2018 Taxes 4277.21 Taxes For Dwelling & Land Terms CashConventional Total Parking 8 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1800 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1800 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Sewer Tenant Utilities Paid Taxes Owner Utilities Paid Trash Tenant Utilities Paid Water Tenant Water City Water

    Listing provided courtesy of Grijalva Realty Corporation. Listing information © 2020 MLS of Southern Arizona.


    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-02-20T11:06:35.91.
    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 Grijalva Realty Corporation.