3620 E Fairmount St Tucson, AZ 85716
Palo Verde Neighborhood
6
Beds
4
Baths
3,146
Sq Ft
0.35
Acres
Highlights
- RV Parking in Community
- Tuscan Architecture
- Hiking Trails
- Mountain View
- Enclosed patio or porch
- Eat-In Kitchen
About This Home
As of September 2018Fantastic 4 Plex near The Unversity of Arizona that is less than 1.5 miles to heart of campus. This investment is a four unit multifamily property that is designed for hands off management with desert landscaping, stained concrete and tile work throughout each apartment. Each unit has enclosed 150 square foot patio which expands living area for a unique experience. You are near Downtown Tucson for simple commute to work. Ample of exciting restaurants and entertainment. Ideal for creative investors which will allow you to optimize cashflow with AirBnB income model. Other features include off-street parking, front and back entrances. Electric and gas are paid by tenant. This a value play has opportunity but you can hit the ground running with solid income with proven rental history.
Last Agent to Sell the Property
Matthew Cox
Equity Arizona Real Estate Listed on: 08/08/2018
Last Buyer's Agent
Craig Rott
Long Realty Company
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,785
Year Built
- Built in 1959
Lot Details
- 0.35 Acre Lot
- Dog Run
- Wood Fence
- Chain Link Fence
- Desert Landscape
Home Design
- Quadruplex
- Tuscan Architecture
- Brick Exterior Construction
- Frame With Stucco
- Built-Up Roof
- Adobe
Interior Spaces
- Bathtub with Shower
- 3,146 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Treatments
- Combination Dining and Living Room
- Storage
- Mountain Views
Kitchen
- Eat-In Kitchen
- Electric Range
Flooring
- Concrete
- Ceramic Tile
Parking
- 10 Parking Spaces
- Carport
- No Driveway
Schools
- Wright Elementary School
- Booth-Fickett Math/Science Magnet Middle School
- Catalina High School
Utilities
- Forced Air Heating and Cooling System
- Evaporated cooling system
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Satellite Dish
Additional Features
- Level Entry For Accessibility
- North or South Exposure
- Enclosed patio or porch
- Ground Level
Listing and Financial Details
- $2,784 special tax assessment
Community Details
Overview
- RV Parking in Community
Recreation
- Hiking Trails
Building Details
- Water Sewer Expense $1,500
- Gross Income $29,400
- Net Operating Income $25,116
Similar Homes in Tucson, AZ
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2018 09/27/18 | Sold | $275,000 | 0.0% | $87 / Sq Ft |
| 08/28/2018 08/28/18 | Pending | -- | -- | -- |
| 08/08/2018 08/08/18 | For Sale | $275,000 | +46.1% | $87 / Sq Ft |
| 06/28/2013 06/28/13 | Sold | $188,200 | 0.0% | $63 / Sq Ft |
| 05/29/2013 05/29/13 | Pending | -- | -- | -- |
| 03/21/2013 03/21/13 | For Sale | $188,200 | -- | $63 / Sq Ft |
Source: MLS of Southern Arizona
Tax History Compared to Growth
Agents Affiliated with this Home
-
M
Seller's Agent in 2018
Matthew Cox
Equity Arizona Real Estate
-
C
Buyer's Agent in 2018
Craig Rott
Long Realty Company
-
L
Buyer Co-Listing Agent in 2018
Linda Rott
Long Realty Company
-
S
Seller's Agent in 2013
Sandy Kay Heath
Realty Executives
-
J
Seller Co-Listing Agent in 2013
John 'Tebo' Thibault
Realty Executives
-
G
Buyer's Agent in 2013
Gary Roberts
Long Realty
Map
Source: MLS of Southern Arizona
MLS Number: 21821581
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.
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