Listing ID6400567
Sold For$305,000
StatusClosed
Sold Date6/28/2022
CountyPima
SubdivisionCollen
Year Built1985
Property TypeMultiple Dwellings
Well maintained duplex located in a good rental area. The property is owner managed and has been well maintained with the water heaters, AC units and roof all replaced approximately 10 years ago. The property is also equipped with sub-meters for the water. The owner has not utilized this feature and pays for the water sewer & trash. one unit is a 2/1 floor plan and one is a 3/1 floor plan. Both units include three off street parking spaces, central AC/Heat, a private rear fenced yard, ceramic tile throughout and a private laundry storage room. There is a separately fenced yard and storage shed used by the owner that could be used for additional income. Rents are below market with long term tenants. Both leases expire May of 2023
County
Pima
Property Type
Multiple Dwellings
Subdivision
Collen
Year Built
1985
Zoning
R2
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
810
3 Bedrooms Units # Baths
1
3 Bedrooms Units Avg SqFt
810
Cooling
Central A/C
Cooling
yes
Heating
Electric
Heating
yes
Community Features
No Pool
Country
US
Directions
Oracle & Glenn west to property
Elementary School District
Out of Area
General Property Description Elementary School District2
Out of Area
General Property Description High School District
Out of Area
High School District
Out of Area
Postal City
Tucson
Township
13.0
Water Source
City Franchise
Attached Garage
no
Construction Materials
Stucco, Frame - Wood
Electric
Other (See Remarks)
General Property Description # of Buildings
1
General Property Description Flood Zone
No
General Property Description Lot Size Dimensions
127x69
General Property Description Total # of Units
2
General Property Description Uncvrd Parking Spcs
6
Lot Size Dimensions
127x69
Number Of Buildings
1
Number Of Units Total
2
Open Parking Spaces
6
Parking Features
RV/Boat Parking, >1 Space Per Unit
Parking Total
6
Road Surface Type
Asphalt
Roof
Built-Up
Sewer
Public Sewer
Mls Status
Closed
Public Survey Range
13.0E
Public Survey Section
35
2 Bedroom Units Avg Rent
775
3 Bedrooms Units Avg Rent
900
Cap Rate
5.14
Disclosures
Other (See Remarks)
Gross Income
21000
Gross Scheduled Income
21000
Insurance Expense
975
Listing Terms
Conventional
Maintenance Expense
1200
Net Operating Income
15690
Operating Expense
5309.28
Tax Annual Amount
1359.28
Tax Book Number
107.00
Tax Lot
82
Tax Year
2021
Tenant Pays
See Remarks
Water Sewer Expense
1775
Contact - Listing ID 6400567
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker