For more information on this property, contact Michael Bohlman at 480-797-3800 or mbohlman@outlook.com

1721 E GLENN Street
Tucson, Arizona AZ 85719-2795
Price: $1,600,000
Listing ID 6271130
Status Active
Year Built 1984

Property Description:

LOCATION, LOCATION, LOCATION!!! INCREDIBLE INVESTMENT OPPORTUNITY!!! 8 TWO STORY RENTAL UNITS in the heart of Tucson located by the UofA and Banner University Medical Center! Lots of shopping & restaurants within walking distance. EACH UNIT has 2 bdrms, 1 full bath upstairs, a private balcony off each bedroom, kitchen, dining, and living room downstairs, a huge private fenced in backyard, laundry hookups, A/C unit & hot water heater. This rental property is tucked OFF the road giving it a quiet, cozy, private atmosphere. These are beautiful units inside and out! The pictures speak for themselves. They are VERY WELL maintained and are always RENTED QUICKLY!! These units will not last long!!! Only serious offers please.

Primary Features

County: Pima
Property Sub Type: 5 - 12 Units
Property Type: Multifamily Residential
Subdivision: HEDRICK ACREAGE 2
Year Built: 1984
Zoning: R-2

Interior Features

2 Bedroom Units: 8
2 Bedroom Units: Average SqFt: 840
2 Bedroom Units: Number of Baths: 1
Appliances Included: BI Oven/Range, Refrigerator, W/D Hookup
Cooling: Ceiling Fan(s), Heat Pump, Individual
Floors: Carpet, Ceramic Tile
Heating: Heat Pump, Individual
Interior Amenities: Unfurnished
Other Type: Other (See Remarks), Packaged Offering
Total Units: 8

External Features

Construction: Frame - Wood
Exterior Amenities: Cable TV Available, Desert Landscaping, Partially Fenced, Patio/Balcony, Pet Restrictions
Exterior Finish: Painted, Siding
Lot Size Dimensions: 126.86X308.06X22.85X147.96X105.96X160.69
Parking: >1 Space Per Unit, Add'l Parking Avail, Free
Roads/Streets: Gravel
Roofing: Comp Shingle
Total Parking Spaces: 20

Location Information

Country: USA
Cross Street: E Glenn St and Campbell Ave
High School District Number: 000 - Out of Area
Lot Number: 00007
Map Code/Grid: C76
Range: 14
School District: 000 - Out of Area
Section: 31
Township: 13

Additional

Community Amenities: No Pool
Electric: City Electric, Individual Meter
Entry Timestamp: 2021-07-29T05:02:18+00:00
Gas: None
Marketing Name: Glenn Arcos Townhomes
Owner Association: No
Sewer: Sewer - Public
Water: City Franchise, Master Meter

Financial Details

2 Bedroom Units: Average Rent: 968.75
Adjusted Gross Income: 93000
Annual Electric Expense: 540
Annual Insurance Expense: 3448
Annual Maintenance Expense: 1000
Annual Water/Sewer Expense: 3840
Contingency Type: UCB (Under Contract-Backups)
Financial Data Source: Provided by Owner
Gross Annual Scheduled Income: 93000
Net Operating Income: 79945
New Financing: Conventional, No Carry
Operating Expense: 13055
Owner Pays: Other, Sewer, Trash Collection, Water
Sale Includes: Land & Building
Special Listing Conditions: Accept Backups (CLO)
Tax Municipality: Tucson
Taxes: 4227
Tenant Pays: Electric, Other (See Remarks)
Total Monthly Rental Income: 7750

Zoning Info


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Arizona Elite Properties are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Elite Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing courtesy of Platinum Realty Group. Listing data last updated Saturday, October 23rd, 2021 09:02:48 AM.

Contact - Listing ID 6271130

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Michael Bohlman

2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800

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