1135 E 8th Street

    Tucson, AZ 85719
    • $449,000
    • STATUS: Active
    • ID#: 21924263
    UPDATED: 8 min ago
    $449,000
    • 4
      BEDS
    • 0.16
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,559
      SQFT
    • $288
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Long Realty Company.

    Description

    This may be the perfect turnkey investment property on the market today. Unit 1 is a fully operational vacation rental unit, projected to bring in $25k net per year alone, while unit 2 is a 1/1 with a nice sized yard & unit 3 is a nice 1/1. Both # 2 & 3 have long term tenants with leases ending 7/31/20. As you can see, this property has pride of ownership written all over it. And LOCATION?!? Does it get any better... ONLY 2 BLOCKS FROM UofA!!! Tons of off street parking and room for additional units may make this the income property you have been dreaming for. All 3 units separately metered for gas and electric. Co-listing agent has a principle interest in the property.

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    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-10-21T18:06:32.06.
    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 Keller Williams Southern Arizona are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.housesearchtucson.com/homes/99056630

    1135 E 8th Street Tucson, AZ 85719

    • Price: $449,000
    • Status: Active
    • Updated: 8 min ago
    • ID#: 21924263
    4
    Beds
    3
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,559
    SQFT
    $288
    $/SQFT
    1946
    Built
    Neighborhood:
    Buells Add
    County:
    Pima
    Area:
    Central
    Elementary School:
    Manzo
    Middle School:
    Mansfeld
    High School:
    Tucson
    School District:
    TUSD
    Property Description
    This may be the perfect turnkey investment property on the market today. Unit 1 is a fully operational vacation rental unit, projected to bring in $25k net per year alone, while unit 2 is a 1/1 with a nice sized yard & unit 3 is a nice 1/1. Both # 2 & 3 have long term tenants with leases ending 7/31/20. As you can see, this property has pride of ownership written all over it. And LOCATION?!? Does it get any better... ONLY 2 BLOCKS FROM UofA!!! Tons of off street parking and room for additional units may make this the income property you have been dreaming for. All 3 units separately metered for gas and electric. Co-listing agent has a principle interest in the property.
    Exterior Features

    Construction Masonry Stucco Driveway Paved Pavers Exterior Feature None Landscape Front Decorative GravelDesert PlantingsLow CareTrees Landscape Rear Low Care Patio Deck Patio Pool None Road Type Paved Roof Built-Up Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View None

    Interior Features

    Bathroom Features Dual Sinks/HallShower & Tub/Hall Breakfast None Dining Areas Eat-In KitchenFormal Dining Room Dining Room AreaFormal Extra Room None Floor Covering Ceramic TileWood Interior Features Ceiling Fan(S)Dual Pane WindowsSmoke Detector Kitchen Features Double SinkElectric RangeDishwasherFreezerGarbage DisposalRefrigerator Laundry Room Living Areas Living RoomGreat Room Main Cooling Ac CentralCeiling Fans Main Heating Forced Air - Gas Technology Cable TvHigh Speed InternetTelephone Unit1 Information Furnished Yes Unit1 Information Number Half Baths 0 Unit1 Information Sqft 0 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 0 Unit3 Information Furnished No Water Heater Natural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 7.26 Analysis Exp Percent Of Gross 19.09 Analysis Exp Sqft 4.93 Analysis Gross Rent Multi 11.14 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Attached Community None Country Usa Distressed Info None Dwelling Type 3 Plex Electric Electric Company Tep Expenses Admin Expenses 250.00 Expenses Capital Expenses 0.00 Expenses Contract Services 1200.00 Expenses Figures Presented Proforma Expenses Gas Electric 1500.00 Expenses Insurance 750.00 Expenses Maintenance Supplies 250.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 2243.00 Expenses Water Sewer 1500.00 Fema Flood Zone Tbd Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 40300.00 Income Gross Scheduled Rent 39300.00 Income Net Opp Income 32607.00 Income Other Income 1000.00 Income Total Expenses 7693.00 Income Vacancy Loss 0.00 Lot Dimensions 50 X 140 Lot Features Adjacent To AlleyNorth/South Exposure Lot Size Source Assessor Lot Sqft 6970.00 Municipal Flood Zone Tbd Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures Public Airport VctyLeases Road Maintenance City Section 7 Security None Sewer Connected Special Conditions None Style Bungalow Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions Yes Tax Year 2018 Taxes 2244.00 Taxes For Dwelling & Land Terms CashConventional Total Parking 8 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 2000 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 675 Unit2 Information Stories Single Unit3 Information Monthly Rent 600 Unit3 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant 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 Long Realty Company. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-10-21T18:06:32.06.
    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 Keller Williams Southern Arizona are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    Keller Williams Southern Arizona
    1745 East River Road, Ste. 245
    Tucson AZ, 85718
    Courtesy of Long Realty Company.