$660,000

Estimated payment $3,616/month

Total Views 12,687
8 Beds
4 Baths
2,650 Sq Ft
$249 Price per Sq Ft

Highlights

  • RV Parking in Community
  • Breakfast Area or Nook
  • Bathtub with Shower
  • Modern Architecture
  • Family Room Off Kitchen
  • Living Room

About This Home

Fully Occupied Multi Family Income Property in Tucson Az. Two duplexes; single story buildings on one lot. Units are 2 bedroom 1 bath with tile floors, tile tub surrounds, washer dryer hookups, air conditioning, fenced yards, covered parking, and individually metered for water, gas, electric; tenants pay all utilities. Conveniently located near Tucson Marketplace (Costco, Walmart, Cinemark, National Corporate Offices), close to downtown and the University, with easy access to Interstate 10. Do not disturb tenants. Tenant rights and leases prevail; please review Arizona Residential Landlord Tenant Act. Showings scheduled for parties to an accepted offer. Gross Monthly Income over $4K. Submit prequalification of loan documents and/or bank proof of funds with offer.

Listing Agent

Jasmin Vaught

Avenida Realty Listed on: 07/16/2024

Co-Listing Agent

Ashley Montoya

Avenida Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,205

Year Built

  • Built in 1980

Lot Details

  • 0.29 Acre Lot
  • East or West Exposure
  • Chain Link Fence
  • Back and Front Yard

Home Design

  • Modern Architecture
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 2,650 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Living Room
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Laminate Countertops

Parking

  • 8 Parking Spaces
  • Carport
  • No Driveway

Location

  • Ground Level

Schools

  • Borton Elementary School
  • Safford K-8 Magnet Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $1,315 special tax assessment

Community Details

Overview

  • Kings Highway Amd Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $1,500
  • Professional Management Expense $4,800
  • Gross Income $29,669
  • Net Operating Income $19,554

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,205

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: Quadruplex
  • Style: Modern
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: KINGS HIGHWAY AMENDED LOTS 6 & 7 BLK 11
  • Attached Detached: Detached
  • List Price per Sq Ft: 249.06
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: None
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 2650.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Breakfast Nook
  • Dining Room: None
  • Kitchen Features Countertops: laminate
  • Living Areas: Living Room, Off Kitchen
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Double Sink, Electric Range, Refrigerator

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: TBD
  • Fence: Chain Link
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • Rv Parking: Space Available
  • Total Parking: 8

Utilities

  • Water: Public
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: None

Fee Information

  • Expenses Capital Expenses: 2500.00
  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1315.00

Schools

  • School District: TUSD
  • Elementary School: Borton
  • Middle School: Safford K-8 Magnet
  • High School: Tucson

Lot Info

  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.29
  • Lot Dimensions: irregular
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 52.25
  • Lot Sq Ft: 12632.00
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1980

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Sewer: Tenant
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Tenant
  • Utilities Paid Water: Tenant

Tax Info

  • Tax Code: 129-10-117D
  • Taxes: 1205.06
  • Tax Year: 2023
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Safford K-8 Magnet
  • Elementary School: Borton
  • High School: Tucson
  • School District: TUSD

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,286 $11,508 -- --
2024 $1,286 $10,960 -- --
2023 $1,214 $10,438 $0 $0
2022 $1,214 $9,941 $0 $0
2021 $1,218 $9,017 $0 $0
2020 $1,170 $13,384 $0 $0
2019 $1,136 $12,211 $0 $0
2018 $1,084 $7,789 $0 $0
2017 $1,034 $7,789 $0 $0
2016 $1,276 $7,418 $0 $0
2015 $1,239 $7,065 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 For Sale $660,000 +325.8% $249 / Sq Ft
05/19/2016 05/19/16 Sold $155,000 0.0% $58 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $155,000 -- $58 / Sq Ft
Source: MLS of Southern Arizona

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 Title Security Agency Llc
Warranty Deed $155,000 Title Security Agency Llc
Special Warranty Deed -- First American Title
Special Warranty Deed $136,500 First American Title
Trustee Deed $252,000 Tfnti
Warranty Deed $305,000 None Available
Warranty Deed $305,000 None Available
Interfamily Deed Transfer -- --
Warranty Deed $144,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $217,000 New Conventional
Closed $152,192 FHA
Previous Owner $67,000 Seller Take Back
Previous Owner $280,000 Unknown
Previous Owner $16,000 Credit Line Revolving
Previous Owner $244,000 New Conventional
Previous Owner $187,600 Commercial
Previous Owner $139,537 FHA
Previous Owner $141,950 FHA
Closed $45,750 No Value Available
Source: Public Records

Source: MLS of Southern Arizona

MLS Number: 22417538

MLS of Southern Arizona

APN: 129-10-117D