$350,000
SOLD NOV 3, 2021
6 Beds
3 Baths
2,303 Sq Ft
8,400 Sq Ft Lot

Recently Sold

$152 Per Sq Ft

116 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Breakfast Bar
  • Ranch Style House
  • Great Room
  • Bathtub with Shower

About This Home

As of November 2021

2303 sqft of amazing investment opportunity! Unit 1 (Columbus) was remodeled in 2017 and unit 2 (Flower) was remodeled in the past year! One property is on Columbus and the other is on Flower (corner lot). Flower unit was completely remodeled and has new AC system. This property offers low operating costs and great ROI! Current cap rate of 5.9% with potential up to 7.8%! Please DO NOT disturb tenants, drive by only, showing only with accepted offer. Close to bus routes on Grant and Columbus and units have been occupied constantly. Units are separately metered. Owner/Agent.

Last Agent to Sell the Property

Adam Buttice

Tierra Antigua Realty Listed on: 07/09/2021

Tierra Antigua Realty

Last Buyer's Agent

Bert Jones

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 1955

Lot Details

  • 8,400 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Back and Front Yard

Home Design

  • Duplex
  • Ranch Style House
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 2,303 Sq Ft Home
  • Great Room
  • Dining Room
  • Mountain Views
  • Laundry Located Outside

Kitchen

  • Breakfast Bar
  • Disposal

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • Carport
  • No Driveway

Schools

  • Wright Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

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

Additional Features

  • Slab Porch or Patio
  • Ground Level

Listing and Financial Details

  • $1,918 special tax assessment

Community Details

Overview

  • Vista Del Monte Tract Amended Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $800
  • Maintenance Expense $1,000
  • Gross Income $26,400
  • Net Operating Income $22,682

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,918

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Vista Del Monte Tract Amended W80' Lot 2 Blk C
  • Attached Detached: Attached
  • List Price per Sq Ft: 151.98
  • Subdivision Restrict C C And Rs: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: None
  • Floor Covering: Ceramic Tile, Concrete
  • Gross Sq Ft: 2303.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Bar
  • Dining Areas: Breakfast Bar
  • Dining Room: Area
  • Living Areas: Great Room
  • Laundry: Laundry Closet, Outside
  • Extra Room: None
  • Kitchen Features: Garbage Disposal, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Concrete Block
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio, Slab
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Mountain(s), None
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • Total Parking: 5

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 1000.00
  • Expenses Taxes Assessments: 1917.68

Schools

  • School District: TUSD
  • Elementary School: Wright
  • Middle School: Doolen
  • High School: Catalina

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.19
  • Lot Dimensions: Irregular
  • Lot Features: Corner Lot
  • Lot Size Price Sq Ft: 41.67
  • Lot Sq Ft: 8400.00
  • Lot Sz Sold Prc Sq Ft: 41.67
  • Municipality Zoning: Tucson - CR2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1955

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: 110-08-0760
  • Taxes: 1917.68
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Wright
  • High School: Catalina
  • School District: TUSD

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $350,000 0.0% $152 / Sq Ft
07/09/2021 07/09/21 For Sale $350,000 +155.5% $152 / Sq Ft
12/30/2016 12/30/16 Sold $137,000 0.0% $59 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $137,000 -- $59 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22117744

MLS of Southern Arizona