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    1044 S 4Th Avenue

    Tucson, AZ 85701
    • $475,000
    • STATUS: Active Under Contract
    • ID#: 22107006
    Under Contract
    UPDATED: 68 min ago
    $475,000
    • 5
      BEDS
    • 0.2
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 8,918
      SQFT
    • $53
      $/SQFT
    Type:
    Multi-Family
    Built:
    1999
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Panacea Realty Llc.

    Description

    This 4 plex must be sold with the 4 plex next door. Property is under 4 tax codes so you can get FNMA financing. Each building has a 2 bedroom 1 bath unit and a 3 bedroom 2 bath unit. All units have their own fenced yard. All units are separately metered for all utilities including water. 6 of 8 units have been remodeled as per pictures in MLS. 2 east units are original. 5 of the units have had new HVAC installed in the last 5 years. Some long term tenants are at lower rents. Rents are below market. All figures are actual figures from the seller. 884 square foot 2 bd/1ba and 975 square foot 3bd/2ba. Washer Dryer hookups in all units.

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    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-04-22T09:06:55.373.
    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 Luxury Group - Realty Executives Arizona Properties are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.luxurygroupaz.com/homes/115174841
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    1044 S 4Th Avenue Tucson, AZ 85701

    • Price: $475,000
    • Status: Active Under Contract
    • Updated: 68 min ago
    • ID#: 22107006
    5
    Beds
    3
    Baths
    0
    ½ Baths
    0.2
    Acres
    8,918
    SQFT
    $53
    $/SQFT
    1999
    Built
    Neighborhood:
    City Of Tuc Resub Of Blk 152
    County:
    Pima
    Area:
    Central
    Elementary School:
    Safford K-8 Magnet
    Middle School:
    Safford K-8 Magnet
    High School:
    Tucson
    School District:
    TUSD
    Property Description
    This 4 plex must be sold with the 4 plex next door. Property is under 4 tax codes so you can get FNMA financing. Each building has a 2 bedroom 1 bath unit and a 3 bedroom 2 bath unit. All units have their own fenced yard. All units are separately metered for all utilities including water. 6 of 8 units have been remodeled as per pictures in MLS. 2 east units are original. 5 of the units have had new HVAC installed in the last 5 years. Some long term tenants are at lower rents. Rents are below market. All figures are actual figures from the seller. 884 square foot 2 bd/1ba and 975 square foot 3bd/2ba. Washer Dryer hookups in all units.
    Exterior Features

    Construction Slump Block Driveway Paved Concrete Exterior Feature None Fence Wood Landscape Front Low Care Landscape Rear Low Care Patio Deck None Pool None Road Type Paved Roof Shingle Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View Mountain

    Interior Features

    Bathroom Features None Breakfast Eat-In Dining Areas Eat-In Kitchen Dining Room None Driveway Car(S) Pad Extra Room None Floor Covering Ceramic Tile Interior Features Dual Pane Windows Kitchen Features Gas RangeRefrigerator Laundry Kitchen Living Areas Family Room Main Cooling Ac CentralEvap Central Main Heating Forced Air - GasGas Pac Technology Cable TvHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 884 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 975 Water Heater Natural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 11.32 Analysis Exp Percent Of Gross 18.63 Analysis Exp Sqft 1.38 Analysis Gross Rent Multi 7.19 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Detached Community None Contingent Active Contingent Country Usa Distressed Info None Dwelling Type 4 Plex Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Capital Expenses 7000.00 Expenses Contract Services 0.00 Expenses Figures Presented Actual Expenses Gas Electric 0.00 Expenses Insurance 2045.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 3263.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 0.00 Expenses Water Sewer 0.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 66069.00 Income Gross Scheduled Rent 66069.00 Income Net Opp Income 53761.00 Income Other Income 0.00 Income Total Expenses 12308.00 Income Vacancy Loss 0.00 Lot Dimensions 182X49 Lot Features Corner Lot Lot Size Source Assessor Lot Sqft 4414.00 Municipal Flood Zone No Municipality Zoning Tucson - R3 Neighborhood Features None Property Disclosures Insurance Claims History ReportInventory ListSeller Prop Disclosure Road Maintenance City Section 13 Security None Sewer Connected Special Conditions None Style Ranch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions Yes Tax Year 2020 Taxes 3846.00 Taxes For Dwelling & Land Terms CashConventional Total Parking 6 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 620 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 774 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Sewer Tenant Utilities Paid Taxes Owner Utilities Paid Trash Tenant Utilities Paid Water Tenant Water City Water

    Listing provided courtesy of Panacea Realty Llc. Listing information © 2021 MLS of Southern Arizona.


    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-04-22T09:06:55.373.
    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 Luxury Group - Realty Executives Arizona Properties are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
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    Luxury Group - Realty Executives Arizona Properties
    6760 N Oracle Rd Suite 130
    Tucson AZ, 85704
    Courtesy of Panacea Realty Llc.