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    5850 S Fontana Avenue

    Tucson, AZ 85706
    • $349,000
    • STATUS: Active
    • ID#: 22106089
    UPDATED: 50 min ago
    $349,000
    • 5
      BEDS
    • 0.43
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 5,029
      SQFT
    • $69
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1938
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Omni Homes International.

    Description

    Amazing opportunity zone investor property. 6 rent units! Potential for 8. This is a 2 parcel listing that takes the whole corner. Parcels 138-10-039A & 138-10-039B included in sale. Able to have value added with ease of putting 2 more units for rent. Main House is 1440 sqft unaffixed double wide with 2 beds, 2baths, stucco exterior, concrete porch, addition with 560 apartment with 3 year old cooler . exterior paint done 2018, newer AC, Master cool, 3 car garage/workshop made with metal construction, concrete slab foundation, and managed by property tenants. Also a single wide 1970 mobile home, 3 beds, 1 3/4 baths, 2019 metal coated roof, Class C unaffixed, a 2bed 1 bath home 877sqft, a 1bed 1 bath 519sqft, and a 2 bed 1 bath 856sqft, WOW! Cash in on this investor dream now.

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    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-05-08T23:06:42.82.
    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/114857176
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    5850 S Fontana Avenue Tucson, AZ 85706

    • Price: $349,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: 22106089
    5
    Beds
    3
    Baths
    0
    ½ Baths
    0.43
    Acres
    5,029
    SQFT
    $69
    $/SQFT
    1938
    Built
    Neighborhood:
    Emery Park No. 1
    County:
    Pima
    Area:
    South
    Elementary School:
    Drexel
    Middle School:
    Apollo
    High School:
    Sunnyside
    School District:
    Sunnyside
    Property Description
    Amazing opportunity zone investor property. 6 rent units! Potential for 8. This is a 2 parcel listing that takes the whole corner. Parcels 138-10-039A & 138-10-039B included in sale. Able to have value added with ease of putting 2 more units for rent. Main House is 1440 sqft unaffixed double wide with 2 beds, 2baths, stucco exterior, concrete porch, addition with 560 apartment with 3 year old cooler . exterior paint done 2018, newer AC, Master cool, 3 car garage/workshop made with metal construction, concrete slab foundation, and managed by property tenants. Also a single wide 1970 mobile home, 3 beds, 1 3/4 baths, 2019 metal coated roof, Class C unaffixed, a 2bed 1 bath home 877sqft, a 1bed 1 bath 519sqft, and a 2 bed 1 bath 856sqft, WOW! Cash in on this investor dream now.
    Exterior Features

    Construction Frame - Stucco Construction Siding Yes Driveway Paved Gravel Exterior Feature Storage ShedWorkshop Fence Chain LinkWood Landscape Front Low CareNatural Desert Landscape Rear Low CareNatural Desert Patio Deck DeckPatio Pool None Road Type Paved Roof Built-Up - ReflectMetalRolled Rv Parking Space Available Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property View Residential

    Interior Features

    Bathroom Features Shower & Tub/HallShower & Tub/Master Breakfast Area Dining Areas Eat-In Kitchen Dining Room Area Driveway Car(S) Pad Extra Room None Floor Covering CarpetCeramic TileVinyl Interior Features Ceiling Fan(S)Smoke Detector Kitchen Features Electric RangeGas Range Laundry Room Living Areas Family RoomGreat Room Main Cooling Ac CentralAc WallEvap Central Main Heating Forced Air - ElecForced Air - Gas Technology Cable TvTelephone Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 877 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 519 Unit3 Information Furnished No Unit3 Information Sqft 853 Water Heater ElectricNatural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 12.77 Analysis Exp Percent Of Gross 10.67 Analysis Exp Sqft 1.06 Analysis Gross Rent Multi 7.00 Analysis Vacancy Rate Percent 0.89 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 1400.00 Expenses Contract Services 0.00 Expenses Figures Presented Proforma Expenses Gas Electric 0.00 Expenses Insurance 3400.00 Expenses Maintenance Supplies 225.00 Expenses Management 300.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 0.00 Expenses Water Sewer 0.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 49890.00 Income Gross Scheduled Rent 50340.00 Income Net Opp Income 44565.00 Income Other Income 0.00 Income Total Expenses 5325.00 Income Vacancy Loss 450.00 Lot Dimensions 127' X 150' X 128' X 150 Lot Features Corner LotDividable LotEast/West ExposureNorth/South Exposure Lot Size Source Assessor Lot Sqft 18731.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features Paved StreetStreet Lights Property Disclosures Lead Based PaintMilitary Airport VctSeller Prop Disclosure Road Maintenance City Section 12 Security None Sewer Connected Special Conditions Property Sold As-Is Style BungalowManufactured Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2020 Taxes 1493.06 Taxes For Dwelling & Land Terms CashConventional Total Parking 8 Township 15 Unit1 Information Floor 1st Unit1 Information Monthly Rent 600 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 525 Unit2 Information Stories Single Unit3 Information Floor 1st Unit3 Information Monthly Rent 575 Unit3 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 Tenant Utilities Paid Water Tenant Water City Water

    Listing provided courtesy of Omni Homes International. Listing information © 2021 MLS of Southern Arizona.


    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-05-08T23:06:42.82.
    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 Omni Homes International.