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1203 N 1St Avenue

Tucson, AZ 85719
  • $750,000
  • STATUS: Active
  • ID#: 22126994
UPDATED: 72 min ago
$750,000
  • 7
    BEDS
  • 0.12
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,530
    SQFT
  • $212
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of Exp Realty 01.

Description

Owner will Carry! Do Not Disturb the Tenants..Historic & RARE 5 Unit Apartment in Feldman Neighborhood...3 Blocks from the UA!! Oozing with charm and character, the units rent out very quickly year around. New leases totaling $5120 gross income per month--$61,440 a year. 2020 Expenses were $9722 total.One Large Two Bed on the Main Level, One Large Two Bedroom on the 2nd Floor, a Large One Bedroom in a Separate Building, and Two One Bedrooms in the Basement. One of the basement units is pretty spacious. New 100 Gallon Hot Water Heater as of 9/8/21. This is a great property and has been in the same family since the 1980's.

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Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-11-28T12:06:45.587.
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 Dream Team AZ | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.thedreamteamaz.com/homes/122577640
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1203 N 1St Avenue Tucson, AZ 85719

  • Price: $750,000
  • Status: Active
  • On Site: Days
  • Updated: 72 min ago
  • ID#: 22126994
7
Beds
4
Baths
0
½ Baths
0.12
Acres
3,530
SQFT
$212
$/SQFT
1962
Built
Neighborhood:
Feldmans Add
County:
Pima
Area:
Central
Elementary School:
Blenman
Middle School:
Doolen
High School:
Catalina
School District:
TUSD
Property Description
Owner will Carry! Do Not Disturb the Tenants..Historic & RARE 5 Unit Apartment in Feldman Neighborhood...3 Blocks from the UA!! Oozing with charm and character, the units rent out very quickly year around. New leases totaling $5120 gross income per month--$61,440 a year. 2020 Expenses were $9722 total.One Large Two Bed on the Main Level, One Large Two Bedroom on the 2nd Floor, a Large One Bedroom in a Separate Building, and Two One Bedrooms in the Basement. One of the basement units is pretty spacious. New 100 Gallon Hot Water Heater as of 9/8/21. This is a great property and has been in the same family since the 1980's.
Exterior Features

Construction Masonry Stucco Construction Siding No Exterior Feature None Fence Chain Link Landscape Front Decorative GravelDesert PlantingsLow Care Landscape Rear Low Care Patio Deck PatioPaver Pool None Road Type Paved Roof Built-Up - ReflectShingle Spa None Unit1 Information Parking On Street Unit2 Information Parking On Street Unit3 Information Parking On Street Unit4 Information Parking On Property View Residential

Interior Features

Bathroom Features Shower & Tub/MasterShower Only/Hall Breakfast Area Dining Areas Formal Dining Room Dining Room Area Driveway None Extra Room Bonus Room Floor Covering Ceramic TileMexican TileWood Interior Features Dual Pane Windows Interior Features Interior Steps Yes Kitchen Features Breakfast NookDishwasherElectric RangeGarbage DisposalGas Range Laundry Outside Living Areas Family RoomLiving Room Main Cooling Ceiling Fan(S)Heat PumpWall Unit(S)Zoned Main Heating ElectricHeat PumpNatural GasZoned Technology Cable TvHigh Speed InternetTelephone Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 0 Unit2 Information Furnished No Unit2 Information Number Half Baths 1 Unit2 Information Sqft 1295 Unit3 Information Furnished No Unit3 Information Number Half Baths 2 Unit3 Information Sqft 1200 Unit4 Information Furnished No Unit4 Information Number Half Baths 0 Unit4 Information Sqft 1000 Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 6.37 Analysis Exp Percent Of Gross 22.28 Analysis Exp Sqft 3.88 Analysis Gross Rent Multi 12.21 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Assoc Amenities None 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 Actual Expenses Gas Electric 6160.00 Expenses Insurance 1148.00 Expenses Maintenance Supplies 1598.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 2818.00 Expenses Water Sewer 1964.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 61440.00 Income Gross Scheduled Rent 59340.00 Income Net Opp Income 47752.00 Income Other Income 2100.00 Income Total Expenses 13688.00 Income Vacancy Loss 0.00 Lot Dimensions 97X56 Lot Features Corner LotEast/West ExposureSubdivided Lot Size Source Assessor Lot Sqft 5227.00 Municipal Flood Zone No Municipality Zoning Tucson - R1 Neighborhood Features Paved StreetSidewalks Property Disclosures Insurance Claims History ReportLead Based PaintSeller Prop Disclosure Road Maintenance City Section 1 Security None Sewer Connected Special Conditions None Style BungalowModern Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2020 Taxes 2731.95 Taxes For Dwelling & Land Terms CashConventionalOwner CarrySubmit Total Parking 1 Township 14 Unit1 Information Floor 2nd Unit1 Information Monthly Rent 1200 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1575 Unit2 Information Stories Single Unit3 Information Floor Basement Unit3 Information Monthly Rent 1345 Unit3 Information Stories Single Unit4 Information Floor 1st Unit4 Information Monthly Rent 825 Unit4 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Owner Utilities Paid Gas Owner 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 courtesy of Exp Realty 01. Listing information © 2021 MLS of Southern Arizona.


Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-11-28T12:06:45.587.
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 Dream Team AZ | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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The Dream Team AZ | Realty Executives
6444 E Tanque Verde Rd.
Tucson AZ, 85715
Courtesy of Exp Realty 01.