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    3309 E Water Street

    Tucson, AZ 85716
    • $195,000
    • STATUS: Active Under Contract
    • MLS #: 22122937
    Under Contract
    UPDATED: 44 min ago
    $195,000
    • 2
      BEDS
    • 0.14
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,278
      SQFT
    • $153
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Engel & Volkers Tucson.

    Description

    DO NOT DISTURB TENANTS, Drive by only, No sign on property.Must be purchased with contiguous parcels (111-07-047 A&C) See MLS 22122938 & 22122939Amazing opportunity to own total of 6 units for $610,000 This property has been lovingly maintained by an attentive owner and excellent property management. 5 units are 1 bed/1 bath and there is one studio. All but one lease are month to month making it simple to raise rents which are currently VERY low. 3 of the 1 bedrooms have dens that could easily convert to second bedrooms. Close to UofA, Banner, TMC, this is a MONEY MAKER! Easy to rent out, plenty of parking including 2 garages (2car and 3car) plus room for at least 4 uncovered off street parking spots. Laundry rooms on property. Indoor hookups in 2 of the units!!!

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    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-09-18T09:06:35.62.
    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 My Home Group are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.yournextvalleyhome.com/homes/121157581
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    3309 E Water Street Tucson, AZ 85716

    • Price: $195,000
    • Status: Active Under Contract
    • Updated: 44 min ago
    • MLS #: 22122937
    2
    Beds
    2
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,278
    SQFT
    $153
    $/SQFT
    1950
    Built
    Neighborhood:
    Fruitvale Addition
    County:
    Pima
    Area:
    Central
    Elementary School:
    Blenman
    Middle School:
    Doolen
    High School:
    Catalina
    School District:
    TUSD
    Property Description
    DO NOT DISTURB TENANTS, Drive by only, No sign on property.Must be purchased with contiguous parcels (111-07-047 A&C) See MLS 22122938 & 22122939Amazing opportunity to own total of 6 units for $610,000 This property has been lovingly maintained by an attentive owner and excellent property management. 5 units are 1 bed/1 bath and there is one studio. All but one lease are month to month making it simple to raise rents which are currently VERY low. 3 of the 1 bedrooms have dens that could easily convert to second bedrooms. Close to UofA, Banner, TMC, this is a MONEY MAKER! Easy to rent out, plenty of parking including 2 garages (2car and 3car) plus room for at least 4 uncovered off street parking spots. Laundry rooms on property. Indoor hookups in 2 of the units!!!
    Exterior Features

    Construction Frame - Stucco Driveway Paved Concrete Exterior Feature None Fence Stucco Finish Landscape Front Low CareShrubsTrees Landscape Rear Low Care Patio Deck CoveredEnclosedPatio Pool None Road Type Paved Roof Built-Up - Reflect Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View None

    Interior Features

    Bathroom Features None Breakfast None Dining Areas Dining in Lr/Gr Dining Room None Extra Room Den Floor Covering CarpetVinyl Interior Features Ceiling Fan(S) Kitchen Features Refrigerator Laundry Outside Living Areas Off Kitchen Main Cooling Ac Wall Main Heating Baseboard Technology Cable Tv Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 639 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 639 Water Heater Electric

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 6.27 Analysis Exp Percent Of Gross 27.17 Analysis Exp Sqft 3.57 Analysis Gross Rent Multi 11.61 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 50.00 Expenses Insurance 500.00 Expenses Maintenance Supplies 0.00 Expenses Management 1560.00 Expenses Other Expenses 100.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1399.00 Expenses Water Sewer 955.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 16800.00 Income Gross Scheduled Rent 15600.00 Income Net Opp Income 12236.00 Income Other Income 1200.00 Income Total Expenses 4564.00 Income Vacancy Loss 0.00 Lot Dimensions 63X103 Lot Features North/South Exposure Lot Size Source Assessor Lot Sqft 6098.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features NonePaved Street Property Disclosures Lead Based PaintLeasesSeller Prop Disclosure Road Maintenance City Section 33 Security None Sewer Connected Special Conditions None Style Bungalow Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs Yes Subdivision Restrict Deed Restrictions Yes Tax Year 2021 Taxes 1399.00 Taxes For Dwelling & Land Terms CashConventionalSubmit Total Parking 2 Township 13 Unit1 Information Floor 1st Unit1 Information Monthly Rent 650 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 650 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Owner Utilities Paid Insurance Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Tenant Water City Water

    Listing provided courtesy of Engel & Volkers Tucson. Listing information © 2021 MLS of Southern Arizona.


    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-09-18T09:06:35.62.
    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 My Home Group are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
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    My Home Group
    8360 E Raintree Drive, Suite 205
    Scottsdale AZ, 85260
    Courtesy of Engel & Volkers Tucson.