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702 W River Road

Tucson, AZ 85704
  • $750,000
  • STATUS: Active
  • ID#: 22412891
UPDATED: 40 min ago
$750,000
  • 7
    BEDS
  • 1.23
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,200
    SQFT
  • $341
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1993
County:
Area:

School Information

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

Description

A unique opportunity to own approx 1.23 acres off of river road, former Mobil Home Park with one current rented and fully rehabbed manufactured home producing 2200 a month in income, with a partially gutted manufactured home, and a former residence that needs rehabbed. Currently zoned SH, but other parcels in the area have been rezoned check with county for possibilities - buyer to verify suitability and plan status, two parcels being sold together 702 W River 105-08-002D 1.14 acres and 701 E River 105-08-002E .09 acres. Imagine the possibilities.

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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: 2024-09-10T17:07:04.583.
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/150873977
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702 W River Road Tucson, AZ 85704

  • Price: $750,000
  • Status: Active
  • On Site: Days
  • Updated: 40 min ago
  • ID#: 22412891
7
Beds
4
Baths
0
½ Baths
1.23
Acres
2,200
SQFT
$341
$/SQFT
1993
Built
Neighborhood:
N/A
County:
Pima
Area:
North
Elementary School:
Walker
Middle School:
La Cima
High School:
Amphitheater
School District:
Amphitheater
Property Description
A unique opportunity to own approx 1.23 acres off of river road, former Mobil Home Park with one current rented and fully rehabbed manufactured home producing 2200 a month in income, with a partially gutted manufactured home, and a former residence that needs rehabbed. Currently zoned SH, but other parcels in the area have been rezoned check with county for possibilities - buyer to verify suitability and plan status, two parcels being sold together 702 W River 105-08-002D 1.14 acres and 701 E River 105-08-002E .09 acres. Imagine the possibilities.
Exterior Features

Construction Steel Frame Exterior Feature None Fence None Landscape Front Low Care Landscape Rear Low Care Patio Deck Deck Pool None Road Type Dirt Roof Built-Up - Reflect Rv Parking Space Available Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View Mountain(s)

Interior Features

Bathroom Features Shower Only/Primary Breakfast Eat-In Dining Areas Breakfast Nook Dining Room L-Shape Driveway None Interior Features Smoke Detector Interior Features Interior Steps No Kitchen Features Garbage Disposal Kitchen Features Countertops laminate Laundry Laundry Room Living Areas Great Room Main Cooling Wall Unit(s) Main Heating Electric Technology Cable TVHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 2000 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 900 Water Heater Electric

Property Features

Accessibility Option None Analysis Cap Rate Percent 2.87 Analysis Exp Percent Of Gross 13.03 Analysis Exp Sqft 1.56 Analysis Gross Rent Multi 30.30 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 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 Proforma Expenses Gas Electric 0.00 Expenses Insurance 1200.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1400.00 Expenses Water Sewer 840.00 Fema Flood Zone No Fire Protection None Gas None Horse Facilities No Horse Property Yes - By Zoning Income Adjusted Gross 26400.00 Income Gross Scheduled Rent 26400.00 Income Net Opp Income 22960.00 Income Other Income 0.00 Income Total Expenses 3440.00 Income Vacancy Loss 0.00 Lot Dimensions approx 200 x 254 ft Lot Features Subdivided Lot Size Source Owner Lot Sqft 53578.00 Municipal Flood Zone No Municipality Zoning Pima County - SH Neighborhood Features None Property Disclosures Lead Based PaintSeller Prop Disclosure Road Maintenance Owner Maintenance Section 13 Security None Sewer Septic Special Conditions Fix UpProperty Sold As-Is Style Manufactured Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions Yes Tax Year 2023 Taxes 1959.00 Taxes For Dwelling & Land Terms CashConventional Total Parking 3 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 2200 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 0 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 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: 2024-09-10T17:07:04.583.
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.