2443 N Treat Avenue

    Tucson, AZ 85716
    • $695,000
    • STATUS: Active
    • ID#: 21914266
    $695,000
    • 0
      BEDS
    • 0.79
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,615
      SQFT
    • $124
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1947
    County:
    Area:

    School Ratings & Info

    Courtesy of Bright Properties.

    Description

    On the Treat Avenue Bike Path and 2.1 Miles to University of Arizona. Directly in the path of development near Culinary Dropout, new Larsen Baker restaurant development and all of the cool amenities on Campbell, Speedway and Grant. 10 1BR Casitas (6x~485 sf and 4X~525 sf) with huge upside potential. Many improvements have been done. Current owners did not operate like a straight income property, and instead used the property for themselves and family members. Proforma numbers tell the story of how this complex could easily become a money maker. Proforma numbers assume 40% expenses and market rents.

    Monthly Payment Calculator



    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-09-21T00:06:21.513.
    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 Tucson Elite are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.luxurygroupaz.com/homes/95259896

    2443 N Treat Avenue Tucson, AZ 85716

    • Price: $695,000
    • Status: Active
    • ID#: 21914266
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.79
    Acres
    5,615
    SQFT
    $124
    $/SQFT
    1947
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    On the Treat Avenue Bike Path and 2.1 Miles to University of Arizona. Directly in the path of development near Culinary Dropout, new Larsen Baker restaurant development and all of the cool amenities on Campbell, Speedway and Grant. 10 1BR Casitas (6x~485 sf and 4X~525 sf) with huge upside potential. Many improvements have been done. Current owners did not operate like a straight income property, and instead used the property for themselves and family members. Proforma numbers tell the story of how this complex could easily become a money maker. Proforma numbers assume 40% expenses and market rents.
    Exterior Features

    Construction Masonry Stucco Fence Wood Landscape Front Desert PlantingsLow CareNatural Desert Landscape Rear Desert PlantingsLow CareNatural Desert Road Type Gravel/Dirt Roof Shingle

    Interior Features

    Main Cooling Ac CentralEvap Central Main Heating Forced Air - GasWallGas Pac Water Heater Natural Gas

    Property Features

    Analysis Cap Rate Percent 7.09 Analysis Gross Rent Multi 8.46 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Figures Presented Proforma Expenses Other Expenses 37584.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Income Gross Scheduled Rent 93960.00 Income Net Opp Income 56376.00 Lot Dimensions 230 X 149.9 Lot Features Corner LotEast/West ExposureNorth/South Exposure Lot Sqft 34385.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Tucson - R2 Property Disclosures Lead Based Paint Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Tax Year 2018 Taxes 4705.81 Terms CashConventionalExchange Total Parking 15 Water Water Company City

    Listing provided courtesy of Bright Properties. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-09-21T00:06:21.513.
    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 Tucson Elite are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    Luxury Group - Realty Executives Tucson Elite
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    Tucson AZ, 85704
    Courtesy of Bright Properties.