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28 W Elm Street

Tucson, AZ 85705
  • $299,000
  • STATUS: Active
  • ID#: 22229611
UPDATED: 157 min ago
$299,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,728
    SQFT
  • $173
    $/SQFT
Neighborhood:
Bronx Park Addition
Type:
Multi-Family
Built:
1980
County:
Pima
Area:
Central

School Information

Elementary School:
Cragin
Middle School:
Doolen
High School:
Tucson
School District:
TUSD
School Ratings & Info
Courtesy of Abi Multifamily, Llc.

Description

This duplex is ideally located close to downtown, the U of A, Tucson Mall and with convenient access to I-10. The tenants are on month-to-month leases with below market rents allowing for the new owner to immediately increase rents to market pricing. Instituting RUBS will allow for an additional income opportunity. The units are highly desirable with enclosed backyards, exterior storage units with washer/dryer and parking for one vehicle each under the carport. Each unit also offers ceramic tile and a fireplace. The roof was replaced in 2016 and the evaporative coolers have been replaced within the last 3 years. The units are individually metered for electricity and gas. Do NOT DISTURB TENANTS. Showings with accepted offers only.

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2023 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2023-03-22T00:08:21.99.
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/134965744
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28 W Elm Street Tucson, AZ 85705

  • Price: $299,000
  • Status: Active
  • On Site: Days
  • Updated: 157 min ago
  • ID#: 22229611
4
Beds
3
Baths
0
½ Baths
0.16
Acres
1,728
SQFT
$173
$/SQFT
1980
Built
Neighborhood:
Bronx Park Addition
County:
Pima
Area:
Central
Elementary School:
Cragin
Middle School:
Doolen
High School:
Tucson
School District:
TUSD
Property Description
This duplex is ideally located close to downtown, the U of A, Tucson Mall and with convenient access to I-10. The tenants are on month-to-month leases with below market rents allowing for the new owner to immediately increase rents to market pricing. Instituting RUBS will allow for an additional income opportunity. The units are highly desirable with enclosed backyards, exterior storage units with washer/dryer and parking for one vehicle each under the carport. Each unit also offers ceramic tile and a fireplace. The roof was replaced in 2016 and the evaporative coolers have been replaced within the last 3 years. The units are individually metered for electricity and gas. Do NOT DISTURB TENANTS. Showings with accepted offers only.
Exterior Features

Construction Stucco Finish Driveway Paved Asphalt Exterior Feature None Fence Chain Link Landscape Front Low Care Landscape Rear Low Care Patio Deck Enclosed Pool None Road Type Paved Roof Shingle Spa None Unit1 Information Parking Carport Unit2 Information Parking Carport View None

Interior Features

Bathroom Features Shower & Tub/Primary Breakfast None Dining Areas Eat-In Kitchen Dining Room None Extra Room Storage Floor Covering Ceramic Tile Interior Features Smoke Detector Kitchen Features Refrigerator Laundry Dryer IncludedOutsideStorageWasher Included Living Areas Living Room Main Cooling Evaporative Cooling Main Heating Forced Air Technology Cable Tv Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 864 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 864 Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 6.29 Analysis Exp Percent Of Gross 29.45 Analysis Exp Sqft 4.54 Analysis Gross Rent Multi 11.22 Analysis Vacancy Rate Percent 5.45 Assessments 0.00 Association And Fees Hoa No Attached Detached Attached 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 300.00 Expenses Figures Presented Proforma Expenses Gas Electric 0.00 Expenses Insurance 500.00 Expenses Maintenance Supplies 1000.00 Expenses Management 2111.00 Expenses Other Expenses 300.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1478.00 Expenses Water Sewer 2160.00 Fema Flood Zone Yes Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 26649.00 Income Gross Scheduled Rent 26280.00 Income Net Opp Income 18800.00 Income Other Income 1800.00 Income Total Expenses 7849.00 Income Vacancy Loss 1431.00 Lot Dimensions 45X152x45x152 Lot Features Subdivided Lot Size Source Assessor Lot Sqft 6839.00 Municipal Flood Zone Yes Municipality Zoning Tucson - R2 Neighborhood Features Sidewalks Property Disclosures Lead Based PaintSeller Prop Disclosure Road Maintenance City Section 1 Security None Sewer Connected Special Conditions None Style Southwestern Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs Yes Subdivision Restrict Deed Restrictions Yes Tax Year 2021 Taxes 1469.05 Taxes For Dwelling & Land Terms CashConventional Total Parking 2 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 735 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 725 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 by Abi Multifamily, Llc: (520) 265-1993. Listing information © 2023 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2023 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2023-03-22T00:08:21.99.
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 Abi Multifamily, Llc.