4625 E Montecito Street

    Tucson, AZ 85711
    • $164,900
    • STATUS: Active Under Contract
    • ID#: 21921402
    Under Contract
    UPDATED: 18 min ago
    $164,900
    • 5
      BEDS
    • 0.22
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,754
      SQFT
    • $94
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1951
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Keller Williams Southern Arizona.

    Description

    This solid red brick duplex has just received major refurbishing, and it should produce top rents for the area, have relatively low operating & maintenance expenses, and should produce a premium return on investment. The interior of both units have new kitchen cabinets & counter tops, new paint, and many new fixtures & doors together with other improvements which make these units show very well. Based on current rents in the area the 3 bedroom apartment should conservatively produced $850 + a month in rent and the 2 bedroom apartment should produce rent of around $750 + a month. Please contact listing agent for additional information regarding this property and upgrade options that could be included with this property.

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    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-10-13T22:06:12.093.
    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 Realty Executives Tucson Elite are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.wowrealestate.com/homes/97997316

    4625 E Montecito Street Tucson, AZ 85711

    • Price: $164,900
    • Status: Active Under Contract
    • Updated: 18 min ago
    • ID#: 21921402
    5
    Beds
    2
    Baths
    0
    ½ Baths
    0.22
    Acres
    1,754
    SQFT
    $94
    $/SQFT
    1951
    Built
    Neighborhood:
    Linden Park
    County:
    Pima
    Area:
    Central
    Elementary School:
    Bonillas
    Middle School:
    Vail
    High School:
    Rincon
    School District:
    TUSD
    Property Description
    This solid red brick duplex has just received major refurbishing, and it should produce top rents for the area, have relatively low operating & maintenance expenses, and should produce a premium return on investment. The interior of both units have new kitchen cabinets & counter tops, new paint, and many new fixtures & doors together with other improvements which make these units show very well. Based on current rents in the area the 3 bedroom apartment should conservatively produced $850 + a month in rent and the 2 bedroom apartment should produce rent of around $750 + a month. Please contact listing agent for additional information regarding this property and upgrade options that could be included with this property.
    Exterior Features

    Construction Brick Exterior Feature None Fence Chain Link Landscape Front None Landscape Rear None Patio Deck Covered Pool None Road Type Paved Roof Shingle Rv Parking Space Available Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View ResidentialSunriseSunset

    Interior Features

    Bathroom Features Shower & Tub/Hall Breakfast Area Dining Areas Dining in Lr/Gr Dining Room Area Driveway None Extra Room None Floor Covering Ceramic Tile Interior Features Interior Steps No Kitchen Features Double Sink Laundry Room Living Areas Living Room Main Cooling Evap Central Main Heating Forced Air - Gas Technology Cable TvSatellite DishTelephone Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 743 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 1011 Water Heater Natural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 9.07 Analysis Exp Percent Of Gross 19.68 Analysis Exp Sqft 2.09 Analysis Gross Rent Multi 8.85 Analysis Vacancy Rate Percent 3.00 Assessments 0.00 Assoc Amenities None 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 Proforma Expenses Gas Electric 0.00 Expenses Insurance 850.00 Expenses Maintenance Supplies 576.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1279.00 Expenses Water Sewer 960.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 18624.00 Income Gross Scheduled Rent 19200.00 Income Net Opp Income 14959.00 Income Other Income 0.00 Income Total Expenses 3665.00 Income Vacancy Loss 576.00 Lot Dimensions 83.15' X 120.21' X 82.65' X 118.36' Lot Features North/South ExposureSubdivided Lots Lot Size Source Assessor Lot Sqft 9634.00 Municipal Flood Zone No Municipality Zoning Tucson - R1 Neighborhood Features Basketball CourtPaved StreetSidewalksStreet Lights Property Disclosures Military Airport VctPublic Airport VctyLead Based PaintCounty Parcel InfoPlat MapSeller Prop DisclosureInsurance Claims History Report Road Maintenance City Section 15 Security None Sewer Connected Special Conditions None Style Ranch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs Yes Subdivision Restrict Deed Restrictions Yes Tax Year 2018 Taxes 1279.06 Taxes For Dwelling & Land Terms CashConventional Total Parking 4 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 750 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 850 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Tenant Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water Water Water Company City Of Tucson

    Listing provided courtesy of Keller Williams Southern Arizona. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-10-13T22:06:12.093.
    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 Realty Executives Tucson Elite are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    Realty Executives Tucson Elite
    6444 E Tanque Verde Rd
    Tucson AZ, 85715
    Courtesy of Keller Williams Southern Arizona.