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5238-5240 N Highway Drive

Tucson, AZ 85705
  • $225,000
  • STATUS: Closed
  • ID#: 22210433
Sold - 10/26/2022
$225,000
SOLD - 10/26/2022
  • 4
    BEDS
  • 0.7
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,474
    SQFT
  • $0
    $/SQFT
Neighborhood:
Unsubdivided
Type:
Multi-Family
Built:
1994
County:
Pima
Area:
Central

School Information

Elementary School:
Laguna
Middle School:
Flowing Wells
High School:
Flowing Wells
School District:
Flowing Wells
School Ratings & Info
Courtesy of Cardinal Realty.

Description

3 rental units plus rentable RV hookup. Good cash flow! Each tenant has rented for several years, have good payment histories, want to remain but have been converted to mo to mo rentals for the convenience of new buyers. Insurance currently covers double wide only. New roof coating installed on single wide mobile and garage in Jan 22. Properties are very cluttered but have little to no damage. Do Not Disturb Tenants! Interior Inspection available only with satisfactory offer and/or seriously interested and qualified buyer. Property originally used as a business. MU zoning. Driveway north of single wide is part of property and provides access to the 2 br 2 bath double wide on east side which is separately fenced but also part of the property

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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: 2023-09-30T00:06:36.993.
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/128022116
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5238-5240 N Highway Drive Tucson, AZ 85705

  • Price: $275,000
  • Status: Closed
  • On Site: Days
  • Updated: 177 min ago
  • ID#: 22210433
4
Beds
4
Baths
0
½ Baths
0.7
Acres
2,474
SQFT
$0
$/SQFT
1994
Built
Neighborhood:
Unsubdivided
County:
Pima
Area:
Central
Elementary School:
Laguna
Middle School:
Flowing Wells
High School:
Flowing Wells
School District:
Flowing Wells
Property Description
3 rental units plus rentable RV hookup. Good cash flow! Each tenant has rented for several years, have good payment histories, want to remain but have been converted to mo to mo rentals for the convenience of new buyers. Insurance currently covers double wide only. New roof coating installed on single wide mobile and garage in Jan 22. Properties are very cluttered but have little to no damage. Do Not Disturb Tenants! Interior Inspection available only with satisfactory offer and/or seriously interested and qualified buyer. Property originally used as a business. MU zoning. Driveway north of single wide is part of property and provides access to the 2 br 2 bath double wide on east side which is separately fenced but also part of the property
Exterior Features

Construction Other Exterior Feature Shed Fence Chain LinkWood Landscape Front None Landscape Rear None Patio Deck None Pool None Road Type Paved Roof Built-UpRolled Rv Parking Space Available Spa None Unit1 Information Parking Garage Unit2 Information Parking On Property Unit3 Information Parking On Property Unit4 Information Parking On Property View None

Interior Features

Bathroom Features Shower Only/Primary Breakfast None Dining Areas Breakfast BarDining in Lr/Gr Dining Room None Driveway Car(S) PadTo Property Line Extra Room Storage Floor Covering CarpetConcreteVinyl Interior Features Interior Steps Yes Kitchen Features Refrigerator Kitchen Features Countertops Formica Main Cooling Evaporative Cooling Main Heating Electric Technology Telephone Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 768 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 555 Unit4 Information Furnished No Unit4 Information Sqft 1144 Water Heater Electric

Property Features

Accessibility Option None Analysis Cap Rate Percent 8.37 Analysis Exp Percent Of Gross 33.19 Analysis Exp Sqft 3.78 Analysis Gross Rent Multi 7.98 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 Tucson Electric Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Actual Expenses Gas Electric 5000.00 Expenses Insurance 200.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1760.00 Expenses Water Sewer 2400.00 Fema Flood Zone No Fire Protection Included in Taxes Gas NaturalNone Horse Facilities No Horse Property No Income Adjusted Gross 28199.00 Income Gross Scheduled Rent 28200.00 Income Net Opp Income 18839.00 Income Other Income 0.00 Income Total Expenses 9360.00 Income Vacancy Loss 1.00 Lot Dimensions 116X383x95x314 Lot Features Dividable LotNorth/South Exposure Lot Size Source Assessor Lot Sqft 30492.00 Municipal Flood Zone Tbd Municipality Zoning Pima County - Mu Neighborhood Features None Property Disclosures Seller Prop Disclosure Road Maintenance City Section 17 Security None Sewer Connected Special Conditions None Style Affixed Mobile Home Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2021 Taxes 1760.01 Taxes For Dwelling & Land Terms Cash Total Parking 8 Township 13 Unit1 Information Floor 1st Unit1 Information Monthly Rent 650 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 575 Unit2 Information Stories Single Unit3 Information Monthly Rent 400 Unit4 Information Floor 1st Unit4 Information Monthly Rent 700 Unit4 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Owner Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Landscaping Tenant Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Tenant Utilities Paid Water Owner Water City Water

Listing provided by Cardinal Realty: (520) 575-0600. 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: 2023-09-30T00:06:36.993.
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 Cardinal Realty.