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    521 E Delano Street

    Tucson, AZ 85705
    • $199,000
    • STATUS: Active Under Contract
    • ID#: 22123565
    Under Contract
    UPDATED: 38 min ago
    $199,000
    • 4
      BEDS
    • 0.18
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,639
      SQFT
    • $121
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Hurd Homes, Inc..

    Description

    GREAT OPPORTUNITY TO OWN A CENTRAL DUPLEX WITH ESTABLISHED TENANTS ON A LARGE LOT IN CONVENIENT FORT LOWELL/ 1 ST AVENUE AREA. EACH UNIT IS APPOXIMATELY 820 SQ FT, 2 BR/ 1 BA WITH FIREPLACE, ONE CAR CARPORT, FRONT PATIO AND BACK YARD. TENANTS ARE RENTING MONTH TO MONTH BUT HAVE BEEN THERE MANY YEARS AND WOULD LIKE TO STAY! UNIT A RENTS FOR $625 / MO AND UNIT B RENTS FOR $550/MO. UNITS ARE SEPARATELY METERED FOR GAS, WATER AND ELECTRIC AND TENANTS PAY ALL UTILITIES. SELLER ONLY PAYS HOMEOWNERS INSURANCE AND PROPERTY TAXES. DUPLEX IS PROFESSIONALLY MANAGED BY BLUE FOX PROPERTIES WHICH CHAGES 10% OF RENTS RECEIVED. BOTH SHOULD PROBABLY RENT FOR $650/MO! SELLER MAY NEED TO DO A 1031 EXCHANGE BUT THERE IS NO COST TO BUYER. SELLER WILL NOT DO REPAIRS. OFFERED ''AS-IS'' & PRICED TO REFLECT THIS!

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    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-09-22T16:06:28.137.
    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/121372220
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    521 E Delano Street Tucson, AZ 85705

    • Price: $199,000
    • Status: Active Under Contract
    • Updated: 38 min ago
    • ID#: 22123565
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.18
    Acres
    1,639
    SQFT
    $121
    $/SQFT
    1980
    Built
    Neighborhood:
    Coronado Heights
    County:
    Pima
    Area:
    Central
    Elementary School:
    Keeling
    Middle School:
    Amphitheater
    High School:
    Amphitheater
    School District:
    Amphitheater
    Property Description
    GREAT OPPORTUNITY TO OWN A CENTRAL DUPLEX WITH ESTABLISHED TENANTS ON A LARGE LOT IN CONVENIENT FORT LOWELL/ 1 ST AVENUE AREA. EACH UNIT IS APPOXIMATELY 820 SQ FT, 2 BR/ 1 BA WITH FIREPLACE, ONE CAR CARPORT, FRONT PATIO AND BACK YARD. TENANTS ARE RENTING MONTH TO MONTH BUT HAVE BEEN THERE MANY YEARS AND WOULD LIKE TO STAY! UNIT A RENTS FOR $625 / MO AND UNIT B RENTS FOR $550/MO. UNITS ARE SEPARATELY METERED FOR GAS, WATER AND ELECTRIC AND TENANTS PAY ALL UTILITIES. SELLER ONLY PAYS HOMEOWNERS INSURANCE AND PROPERTY TAXES. DUPLEX IS PROFESSIONALLY MANAGED BY BLUE FOX PROPERTIES WHICH CHAGES 10% OF RENTS RECEIVED. BOTH SHOULD PROBABLY RENT FOR $650/MO! SELLER MAY NEED TO DO A 1031 EXCHANGE BUT THERE IS NO COST TO BUYER. SELLER WILL NOT DO REPAIRS. OFFERED ''AS-IS'' & PRICED TO REFLECT THIS!
    Exterior Features

    Construction Slump Block Driveway Paved Gravel Exterior Feature Storage Shed Fence BlockWood Landscape Front Low Care Landscape Rear Low Care Patio Deck Covered Pool None Road Type Paved Roof Built-Up Rv Parking Space Available Spa None Unit1 Information Parking Carport Unit2 Information Parking Carport View Residential

    Interior Features

    Bathroom Features Shower & Tub/Hall Breakfast None Dining Areas Dining in Lr/Gr Dining Room Area Extra Room Storage Floor Covering CarpetCeramic Tile Interior Features Ceiling Fan(S) Kitchen Features Electric Range Laundry Closet Living Areas Living Room Main Cooling Ceiling FansEvap Central Main Heating Forced Air - Gas Technology Cable TvHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 820 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 820 Water Heater Natural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 5.17 Analysis Exp Percent Of Gross 27.00 Analysis Exp Sqft 2.32 Analysis Gross Rent Multi 14.11 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Attached Community None Contingent Active Contingent Country Usa Distressed Info None Dwelling Type 2 Plex Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Actual Expenses Gas Electric 0.00 Expenses Insurance 800.00 Expenses Maintenance Supplies 0.00 Expenses Management 1410.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1597.00 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 14100.00 Income Gross Scheduled Rent 14100.00 Income Net Opp Income 10293.00 Income Other Income 0.00 Income Total Expenses 3807.00 Income Vacancy Loss 0.00 Lot Dimensions 73 X 109 Lot Features North/South Exposure Lot Size Source Assessor Lot Sqft 8000.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features Paved Street Property Disclosures Cc&RsInsurance Claims History ReportLead Based PaintLeasesSeller Prop Disclosure Road Maintenance City Section 36 Security None Sewer Connected Special Conditions Fix UpProperty Sold As-Is Style Ranch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs Yes Subdivision Restrict Deed Restrictions Yes Tax Year 2021 Taxes 1596.64 Taxes For Dwelling & Land Terms CashConventional Total Parking 2 Township 13 Unit1 Information Floor 1st Unit1 Information Monthly Rent 625 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 550 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 Hurd Homes, Inc.. Listing information © 2021 MLS of Southern Arizona.


    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-09-22T16:06:28.137.
    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 Hurd Homes, Inc..