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    312 S Cherry Avenue

    Tucson, AZ 85719
    • $675,000
    • STATUS: Active Under Contract
    • ID#: 22110337
    Under Contract
    $675,000
    • 7
      BEDS
    • 0.15
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,554
      SQFT
    • $264
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2012
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Tierra Antigua Realty.

    Description

    Less than 1/2 mile south of UA campus, house was built in the Tucson Barrio style by current owner in 2012. House has never been vacant, always rented to UA students, many athletes given proximity to rec facilities. In very good condition with concrete/tile floors, granite tile countertops, stainless steel appliances, washer/dryer in each unit. Owner is general contractor, has performed ongoing routine maintenance, roof, ACs, everything still in good condition. Run the numbers, they are actuals and solid, low taxes and insurance, turnkey property very easy to find tenants and to manage. Unit 1 is a 3BR/2BA rented through 7/31/22, unit 2 is a 4BR/2BA with a vanity sink in each BR, rented through 7/31/21. Check comps, there is plenty of room to grow rental income.

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    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-05-17T00:06:38.12.
    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/116367515
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    312 S Cherry Avenue Tucson, AZ 85719

    • Price: $675,000
    • Status: Active Under Contract
    • ID#: 22110337
    7
    Beds
    4
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,554
    SQFT
    $264
    $/SQFT
    2012
    Built
    Neighborhood:
    University Heights
    County:
    Pima
    Area:
    Central
    Elementary School:
    Robison
    Middle School:
    Mansfeld
    High School:
    Tucson
    School District:
    TUSD
    Property Description
    Less than 1/2 mile south of UA campus, house was built in the Tucson Barrio style by current owner in 2012. House has never been vacant, always rented to UA students, many athletes given proximity to rec facilities. In very good condition with concrete/tile floors, granite tile countertops, stainless steel appliances, washer/dryer in each unit. Owner is general contractor, has performed ongoing routine maintenance, roof, ACs, everything still in good condition. Run the numbers, they are actuals and solid, low taxes and insurance, turnkey property very easy to find tenants and to manage. Unit 1 is a 3BR/2BA rented through 7/31/22, unit 2 is a 4BR/2BA with a vanity sink in each BR, rented through 7/31/21. Check comps, there is plenty of room to grow rental income.
    Exterior Features

    Construction FrameFrame - Stucco Exterior Feature None Landscape Front Decorative GravelDesert PlantingsLow Care Landscape Rear Decorative Gravel Patio Deck Covered Pool None Road Type Paved Roof Built-Up - Reflect Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View Residential

    Interior Features

    Bathroom Features Shower Only/HallShower Only/Master Breakfast Area Dining Areas Eat-In Kitchen Dining Room None Driveway None Extra Room None Floor Covering Ceramic TileConcrete Interior Features Ceiling Fan(S)Dual Pane WindowsSmoke Detector Interior Features Interior Steps No Kitchen Features DishwasherElectric RangeFreezerGarbage DisposalRefrigerator Laundry Closet Living Areas Great Room Main Cooling Ac Central Main Heating Forced Air - Elec Technology Cable TvHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 1400 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 1150 Water Heater Electric

    Property Features

    Accessibility Option Door Levers Analysis Cap Rate Percent 0.26 Analysis Exp Percent Of Gross 55.68 Analysis Exp Sqft 0.88 Analysis Gross Rent Multi 167.70 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Assoc Amenities None Association And Fees Hoa No Attached Detached Attached Community None Contingent Active Contingent Country Usa Distressed Info None Dwelling Type 2 Plex Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Actual Expenses Gas Electric 0.00 Expenses Insurance 600.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1641.03 Expenses Water Sewer 0.00 Fema Flood Zone No Fire Protection Included in Taxes Gas None Horse Facilities No Horse Property No Income Adjusted Gross 4025.00 Income Gross Scheduled Rent 4025.00 Income Net Opp Income 1783.97 Income Other Income 0.00 Income Total Expenses 2241.02 Income Vacancy Loss 0.00 Lot Dimensions 50' X 130' Lot Features Corner LotSubdivided Lots Lot Size Source Assessor Lot Sqft 6500.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features Sidewalks Property Disclosures Addendum Road Maintenance City Section 18 Sewer Connected Special Conditions None Style Territorial Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2020 Taxes 1641.30 Taxes For Dwelling & Land Terms CashConventionalSubmit Total Parking 7 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 2300 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1725 Unit2 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 Tenant Utilities Paid Taxes Owner Utilities Paid Trash Tenant Utilities Paid Water Tenant Water City Water

    Listing provided courtesy of Tierra Antigua Realty. Listing information © 2021 MLS of Southern Arizona.


    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-05-17T00:06:38.12.
    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.
     
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    Keller Williams Southern Arizona
    1745 East River Road, Ste. 245
    Tucson AZ, 85718
    Courtesy of Tierra Antigua Realty.