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3938 N Park Avenue

Tucson, AZ 85719
  • $775,000
  • STATUS: Active
  • ID#: 22318105
UPDATED: 35 min ago
$775,000
  • 6
    BEDS
  • 0.39
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,960
    SQFT
  • $262
    $/SQFT
Neighborhood:
Unsubdivided
Type:
Multi-Family
Built:
1960
County:
Pima
Area:
Central

School Information

Elementary School:
Holaway
Middle School:
Amphitheater
High School:
Amphitheater
School District:
Amphitheater
School Ratings & Info
Courtesy of Tierra Antigua Realty.

Description

Charming multi-family corner Fourplex in North Central Tucson. Just a few minutes from U of A, hospitals, shopping and restaurants. Two: 2 bedroom 1 bath units and two: 1 bedroom 1 bath units. Private yards & washer/dryer hookups. Fully occupied since remodel. Remodeled and updated in 2018 with new tankless water heaters, new HVAC units, new paint, updated electrical service, new flooring, cabinets and much more. Do not disturb tenants. Occupied units shown with accepted offer.

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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: 2023-12-08T08:07:02.507.
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/142708897
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3938 N Park Avenue Tucson, AZ 85719

  • Price: $775,000
  • Status: Active
  • On Site: Days
  • Updated: 35 min ago
  • ID#: 22318105
6
Beds
4
Baths
0
½ Baths
0.39
Acres
2,960
SQFT
$262
$/SQFT
1960
Built
Neighborhood:
Unsubdivided
County:
Pima
Area:
Central
Elementary School:
Holaway
Middle School:
Amphitheater
High School:
Amphitheater
School District:
Amphitheater
Property Description
Charming multi-family corner Fourplex in North Central Tucson. Just a few minutes from U of A, hospitals, shopping and restaurants. Two: 2 bedroom 1 bath units and two: 1 bedroom 1 bath units. Private yards & washer/dryer hookups. Fully occupied since remodel. Remodeled and updated in 2018 with new tankless water heaters, new HVAC units, new paint, updated electrical service, new flooring, cabinets and much more. Do not disturb tenants. Occupied units shown with accepted offer.
Exterior Features

Construction Burnt Adobe Exterior Feature None Fence BlockWood Landscape Front Low Care Landscape Rear Low Care Patio Deck Covered Pool None Road Type Paved Roof Built-Up - Reflect Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property Unit4 Information Parking On Property View Mountain(s)

Interior Features

Bathroom Features Shower & Tub/Hall Breakfast None Dining Areas Breakfast Bar Dining Room Area Driveway Car(s) Pad Extra Room None Floor Covering Ceramic Tile Interior Features Ceiling Fan(s)Dual Pane WindowsSmoke Detector Kitchen Features DishwasherElectric RangeRefrigerator Kitchen Features Pantry Cabinet Laundry Outside Living Areas Off Kitchen Main Cooling Central Air Main Heating Electric Technology Cable TVHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 730 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 730 Unit3 Information Furnished No Unit3 Information Number Half Baths 0 Unit3 Information Sqft 750 Unit4 Information Furnished No Unit4 Information Number Half Baths 0 Unit4 Information Sqft 750 Water Heater Electric

Property Features

Accessibility Option None Analysis Cap Rate Percent 6.18 Analysis Exp Percent Of Gross 14.72 Analysis Exp Sqft 2.94 Analysis Gross Rent Multi 13.80 Analysis Vacancy Rate Percent 5.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Attached Community None Country USA Distressed Info None Dwelling Type 4 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 1300.00 Expenses Maintenance Supplies 1500.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 2607.00 Expenses Water Sewer 3300.00 Fema Flood Zone No Fire Protection Included in Taxes Gas None Horse Facilities No Horse Property No Income Adjusted Gross 59166.00 Income Gross Scheduled Rent 62280.00 Income Net Opp Income 50459.00 Income Other Income 0.00 Income Total Expenses 8707.00 Income Vacancy Loss 3114.00 Lot Dimensions Irregular Lot Features Corner LotEast/West Exposure Lot Size Source Assessor Lot Sqft 16833.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures Lead Based PaintSeller Prop Disclosure Road Maintenance City Section 30 Sewer Connected Special Conditions None Style Ranch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions Yes Tax Year 2022 Taxes 2606.72 Taxes For Dwelling & Land Terms CashConventional Total Parking 8 Township 13 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1195 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1195 Unit2 Information Stories Single Unit3 Information Floor 1st Unit3 Information Monthly Rent 1400 Unit3 Information Stories Single Unit4 Information Floor 1st Unit4 Information Monthly Rent 1400 Unit4 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 Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

Listing provided by Tierra Antigua Realty: (520) 428-3338. 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: 2023-12-08T08:07:02.507.
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 Tierra Antigua Realty.