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4715 E 1st Street

Tucson, AZ 85711
  • $799,000
  • STATUS: Active
  • ID#: 22403284
UPDATED: 12 min ago
$799,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,804
    SQFT
  • $210
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1947
County:
Area:

School Ratings & Info

Courtesy of Realty Executives Arizona Terr.

Description

This is what you need in your portfolio! Fully Remodeled and centrally located 6-plex. All units are 1/1 and have new flooring, countertops, vanities, faucet's, light fixtures and have been freshly painted inside and out. 4 of the 6 units have brand new Kitchen Cabinets. Each unit also includes its own private indoor laundry and private gated patio/yard. All units have AC unit on roof. NO swamp coolers here! Onsite covered parking is provided. Units all leased between $1,100-$1,175. Property is currently self managed by the owner with Projected Net Income of $67,231. That is giving you an 8.3% cap rate. Seller carryback: 1/2 down, 2 year max, 11%Don't wait. Make your best offer today!

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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: 2024-03-02T12:07:00.277.
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 Kino Abrams brokered by Tierra Antigua Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.kinoabrams.com/homes/147379065
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4715 E 1st Street Tucson, AZ 85711

  • Price: $799,000
  • Status: Active
  • On Site: Days
  • Updated: 12 min ago
  • ID#: 22403284
0
Beds
0
Baths
0
½ Baths
0.5
Acres
3,804
SQFT
$210
$/SQFT
1947
Built
Neighborhood:
Central
County:
Pima
Area:
Central
Property Description
This is what you need in your portfolio! Fully Remodeled and centrally located 6-plex. All units are 1/1 and have new flooring, countertops, vanities, faucet's, light fixtures and have been freshly painted inside and out. 4 of the 6 units have brand new Kitchen Cabinets. Each unit also includes its own private indoor laundry and private gated patio/yard. All units have AC unit on roof. NO swamp coolers here! Onsite covered parking is provided. Units all leased between $1,100-$1,175. Property is currently self managed by the owner with Projected Net Income of $67,231. That is giving you an 8.3% cap rate. Seller carryback: 1/2 down, 2 year max, 11%Don't wait. Make your best offer today!
Exterior Features

Construction Brick Landscape Front Decorative GravelLow CareTrees Landscape Rear None Parking Free Parking Number Covered Parking 8 Road Type Paved Roof Built-Up

Interior Features

Main Cooling Central Air Main Heating Heat Pump

Property Features

Analysis Cap Rate Percent 8.20 Assessments 0.00 Business Location Free Standing Bldg Country USA Expenses Admin Expenses 0.00 Expenses Figures Presented Actual Expenses Gas Electric 228.00 Expenses Insurance 3189.96 Expenses Maintenance Supplies 4035.00 Expenses Other Expenses 2379.60 Expenses Taxes Assessments 1894.72 Expenses Water Sewer 2341.00 Fema Flood Zone No Fire Protection Included in Taxes Income Gross Scheduled Rent 80700.00 Income Net Opp Income 66631.00 Lot Dimensions 161x135x160x137 Lot Features Adjacent to Alley Lot Sqft 21780.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Tucson - R2 Property Disclosures Seller Prop Disclosure Property Features Smoke Detector Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2023 Taxes 1894.72 Terms CashConventional Total Parking 8 Water City

Listing provided by Realty Executives Arizona Terr: (520) 207-0903. 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: 2024-03-02T12:07:00.277.
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 Kino Abrams brokered by Tierra Antigua Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Kino Abrams brokered by Tierra Antigua Realty
1650 E River Road, Suite 202
Tucson AZ, 85718
Courtesy of Realty Executives Arizona Terr.