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1926-1944 N Tucson Boulevard

Tucson, AZ 85716
  • $1,400,000
  • STATUS: Active
  • ID#: 22228621
UPDATED: 32 min ago
$1,400,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,906
    SQFT
  • $237
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1961
County:
Area:

School Ratings & Info

Courtesy of Long Realty Company.

Description

Rarely do you find an investment property with so much character, charm, pride of ownership, lush vegetation and located within a mile of the U of A. This fabulous property boasts a 2BR/2BA, 1BR/1BA and 4 studio units that have all been beautifully remodeled plus 4 more 1BR/1BA units that have all been lovingly cared for. 6 units are free standing and have covered parking. All units have fabulous wood beam ceilings, tiled floors and A/C. Besides the 7 covered parking spaces, there are 14 additional parking spaces. All leases are month-to-month except 1 studio which has a year lease. Rents are accurate with tons of room for increasing. 1 studio currently being leased on a month-to-month basis to a family member for $200/month. Owner pays for master metered water for all units.

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-12-03T16:08:02.223.
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/134635093
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1926-1944 N Tucson Boulevard Tucson, AZ 85716

  • Price: $1,400,000
  • Status: Active
  • On Site: Days
  • Updated: 32 min ago
  • ID#: 22228621
0
Beds
0
Baths
0
½ Baths
0.84
Acres
5,906
SQFT
$237
$/SQFT
1961
Built
Neighborhood:
Central
County:
Pima
Area:
Central
Property Description
Rarely do you find an investment property with so much character, charm, pride of ownership, lush vegetation and located within a mile of the U of A. This fabulous property boasts a 2BR/2BA, 1BR/1BA and 4 studio units that have all been beautifully remodeled plus 4 more 1BR/1BA units that have all been lovingly cared for. 6 units are free standing and have covered parking. All units have fabulous wood beam ceilings, tiled floors and A/C. Besides the 7 covered parking spaces, there are 14 additional parking spaces. All leases are month-to-month except 1 studio which has a year lease. Rents are accurate with tons of room for increasing. 1 studio currently being leased on a month-to-month basis to a family member for $200/month. Owner pays for master metered water for all units.
Exterior Features

Construction Brick Fence None Landscape Front Decorative GravelDesert PlantingsSprinkler/DripTrees Landscape Rear Decorative GravelDesert PlantingsSprinkler/DripTrees Parking Parking StructurePrivate Parking Parking Number Covered Parking 7 Road Type Paved Roof Built-Up - Reflect

Interior Features

Main Cooling Central AirZoned Main Heating ElectricGas PacZoned Water Heater Natural Gas

Property Features

Analysis Cap Rate Percent 4.67 Analysis Gross Rent Multi 15.45 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Admin Expenses 950.00 Expenses Contract Services 5230.00 Expenses Figures Presented Actual Expenses Insurance 2074.00 Expenses Maintenance Supplies 5029.00 Expenses Other Expenses 500.00 Expenses Taxes Assessments 5780.00 Expenses Water Sewer 5599.00 Fema Flood Zone No Fire Protection Included in Taxes Freeway Highway 2.1 - 5 Mile Gas Natural Green Features Tankless Water Htr Income Adjusted Gross 90600.00 Income Gross Scheduled Rent 89400.00 Income Net Opp Income 65438.00 Income Other Income 1200.00 Income Vacancy Loss 0.00 Lot Dimensions 121 X 302 (Approx) Lot Features Subdivided Lot Sqft 36542.00 Multi Tenant No Municipal Flood Zone No Municipality Zoning Tucson - R2 Property Disclosures Lead Based PaintLeasesMilitary Airport Vct Property Features Smoke DetectorStorage Property Sub Type Apartment Restrictions Cc&R Security Security Lights Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2022 Taxes 5899.00 Terms CashConventionalOwner Carry Total Parking 21 Water City

Listing provided by Long Realty Company: (520) 918-2400. Listing information © 2022 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-12-03T16:08:02.223.
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.
 
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The Local Real Estate Group | Realty Executives
6760 N Oracle Road Suite 130
Tucson AZ, 85704
Courtesy of Long Realty Company.