2528 N Fontana Avenue

    Tucson, AZ 85705
    • $433,500
    • STATUS: Active Under Contract
    • ID#: 21819498
    Under Contract
    UPDATED: 23 min ago
    $433,500
    • 0
      BEDS
    • 0.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,771
      SQFT
    • $75
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1957
    County:
    Area:

    School Ratings & Info

    Courtesy of Tierra Antigua Realty, Llc.

    Description

    8 brightly colored units reminiscent of a charming village lane! All on a .59 acre lot in convenient north central Tucson neighborhood. 4 casitas, one triple, one 1,465 sq ft. 2bd/2ba SFR. Income and expenses are actual for 2017. Vacancy factor reflects that owner took more time then necessary to prepare unit(s), when vacated, for re-renting. Units rent VERY FAST when placed on market. 2017 water/sewer expense includes trash pick-up. Nice units RENT EASILY and have individual washer hook-ups. Tenants like the separate casitas, landscaped grounds and neighborhood! Owner is licensed to sell real estate in Arizona.

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    © 2018 MLS of Southern Arizona. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Tierra Antigua Realty - RJ Homes Team. Data last updated: 2018-11-14T23:06:50.603.
    www.rjhomes.com/homes/85674569

    2528 N Fontana Avenue Tucson, AZ 85705

    • Price: $433,500
    • Status: Active Under Contract
    • Updated: 23 min ago
    • ID#: 21819498
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.59
    Acres
    5,771
    SQFT
    $75
    $/SQFT
    1957
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    8 brightly colored units reminiscent of a charming village lane! All on a .59 acre lot in convenient north central Tucson neighborhood. 4 casitas, one triple, one 1,465 sq ft. 2bd/2ba SFR. Income and expenses are actual for 2017. Vacancy factor reflects that owner took more time then necessary to prepare unit(s), when vacated, for re-renting. Units rent VERY FAST when placed on market. 2017 water/sewer expense includes trash pick-up. Nice units RENT EASILY and have individual washer hook-ups. Tenants like the separate casitas, landscaped grounds and neighborhood! Owner is licensed to sell real estate in Arizona.
    Exterior Features

    Construction Slump Block Fence Slump Block Landscape Front Desert Plantings Landscape Rear Desert Plantings Parking Private Parking Road Type Paved

    Interior Features

    Main Cooling Ac CentralEvap Central Main Heating Forced Air - Gas Water Heater ElectricNatural Gas

    Property Features

    Analysis Cap Rate Percent 7.01 Analysis Exp Percent Of Gross 39.52 Analysis Exp Sqft 3.44 Analysis Gross Rent Multi 8.63 Analysis Vacancy Rate Percent 11.24 Assessments 0.00 Contingent Active Contingent Country Usa Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Captial Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Actual Expenses Gas Electric 0.00 Expenses Insurance 3637.00 Expenses Maintenance Supplies 7059.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 3247.00 Expenses Water Sewer 5907.00 Fema Flood Zone No Fire Protection Included in Taxes Freeway Highway 2.1 - 5 Mile Gas Natural Income Adjusted Gross 50223.00 Income Gross Scheduled Rent 56580.00 Income Net Opp Income 30373.00 Income Other Income 0.00 Income Total Expenses 19850.00 Income Vacancy Loss 6357.00 Lot Dimensions Irregular Lot Features East/West Exposure Lot Sqft 25700.00 Multi Tenant Yes Municipal Flood Zone Tbd Municipality Zoning Tucson - R2 Property Disclosures Lead Based PaintPlat MapLeasesCounty Parcel Info Property Features Smoke Detector Property Sub Type Apartment Restrictions Deed Security None Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2017 Taxes 3301.91 Terms CashConventional Traffic Count Not Available Water City

    Listing provided courtesy of Tierra Antigua Realty, Llc. Listing information © 2018 MLS of Southern Arizona.




    © 2018 MLS of Southern Arizona. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Tierra Antigua Realty - RJ Homes Team. Data last updated: 2018-11-14T23:06:50.603.
     
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    Courtesy of Tierra Antigua Realty, Llc.