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332 W Illinois Street

Tucson, AZ 85714
  • $549,000
  • STATUS: Pending
  • ID#: 22424749
Pending
$549,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,249
    SQFT
  • $244
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of HomeSmart Advantage Group.

Description

Investment Opportunity: Cash-Flowing 3-Unit Multi-Family Property in TucsonWelcome to 332 E Illinois St, a well-maintained multi-family property featuring a front duplex and a rear unit, perfect for investors seeking reliable cash flow and long-term growth. This property consists of three 2-bedroom, 1-bath units.Property Highlights:- Fully Renovated Rear Unit: The rear unit has undergone a complete renovation, featuring: - Elegant tile flooring throughout - A full tile bathroom - Brand new appliances - Updated electrical systems - New kitchen

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2024-11-07T00:07:30.503.
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/156363485
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332 W Illinois Street Tucson, AZ 85714

  • Price: $549,000
  • Status: Pending
  • On Site: Days
  • ID#: 22424749
6
Beds
3
Baths
0
½ Baths
0.17
Acres
2,249
SQFT
$244
$/SQFT
1947
Built
Neighborhood:
National City No. 4
County:
Pima
Area:
South
Elementary School:
Rose
Middle School:
Robins K-8
High School:
Pueblo
School District:
TUSD
Property Description
Investment Opportunity: Cash-Flowing 3-Unit Multi-Family Property in TucsonWelcome to 332 E Illinois St, a well-maintained multi-family property featuring a front duplex and a rear unit, perfect for investors seeking reliable cash flow and long-term growth. This property consists of three 2-bedroom, 1-bath units.Property Highlights:- Fully Renovated Rear Unit: The rear unit has undergone a complete renovation, featuring: - Elegant tile flooring throughout - A full tile bathroom - Brand new appliances - Updated electrical systems - New kitchen
Exterior Features

Construction Masonry Stucco Driveway Paved Concrete Exterior Feature None Fence BlockChain LinkWrought Iron Landscape Front Low Care Landscape Rear Low Care Patio Deck None Pool None Road Type Paved Roof Built-Up - Reflect Rv Parking Space Available Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property View None

Interior Features

Bathroom Features Shower & Tub/Hall Breakfast Eat-In Dining Areas Eat-In Kitchen Dining Room None Driveway Car(s) PadTo Property Line Extra Room None Floor Covering Ceramic Tile Interior Features Ceiling Fan(s)Dual Pane WindowsSmoke Detector Kitchen Features DishwasherGarbage DisposalGas RangeRefrigerator Laundry Outside Living Areas Living Room Main Cooling Ceiling Fan(s)Central Air Main Heating Forced Air Technology High Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 741 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 848 Unit3 Information Furnished No Unit3 Information Number Half Baths 0 Unit3 Information Sqft 660 Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 8.26 Analysis Exp Percent Of Gross 7.79 Analysis Exp Sqft 1.71 Analysis Gross Rent Multi 11.16 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Assoc Amenities None Association And Fees Hoa No Attached Detached Detached Community None Country USA Distressed Info None Dwelling Type 3 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 1800.00 Expenses Maintenance Supplies 328.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 300.00 Expenses Taxes Assessments 1407.01 Expenses Water Sewer 0.00 Fema Flood Zone TBD Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 49200.00 Income Gross Scheduled Rent 49200.00 Income Net Opp Income 45364.99 Income Other Income 0.00 Income Total Expenses 3835.01 Income Vacancy Loss 0.00 Lot Dimensions 134.00'x59.50'x134.00'x59.50' Lot Features North/South Exposure Lot Size Source Assessor Lot Sqft 7536.00 Municipal Flood Zone TBD Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures Insurance Claims History ReportLead Based Paint Road Maintenance City Section 36 Security None Sewer Connected Special Conditions None Style Santa Fe Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs Yes Subdivision Restrict Deed Restrictions Yes Tax Year 2023 Taxes 1327.49 Taxes For Dwelling & Land Terms CashConventionalFHA LoanSubmitVA Loan Total Parking 6 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1400 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1300 Unit2 Information Stories Single Unit3 Information Floor 1st Unit3 Information Monthly Rent 1400 Unit3 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 Tenant Utilities Paid Taxes Owner Utilities Paid Trash Tenant Utilities Paid Water Tenant Water City Water

Listing provided by HomeSmart Advantage Group: (520) 505-3000. Listing information © 2024 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2024-11-07T00:07:30.503.
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 HomeSmart Advantage Group.