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1624 E 8th Street

Tucson, AZ 85719
  • $350,000
  • STATUS: Active
  • ID#: 22211527
UPDATED: 18 min ago
$350,000
  • 2
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 928
    SQFT
  • $377
    $/SQFT
Neighborhood:
Bingham Addition
Type:
Multi-Family
Built:
1926
County:
Pima
Area:
Central

School Information

Elementary School:
Sam Hughes
Middle School:
Mansfeld
High School:
Tucson
School District:
TUSD
School Ratings & Info
Courtesy of Long Realty Company.

Description

This duplex (units detached) is located only 2 blocks from University of Arizona so it's a quick walk or bike ride to school which makes it a very desirable location for rental properties. Perfect property for an investor to purchase or to live in one & rent out the other. Units have been well maintained & sit on a big R-2 lot which has lots of potential & endless opportunities. Each unit pays for their own electric & gas on separate meters and water/trash is included in the rent which is average approx. $50 per month. Please do not disturb tenants. Lease agreements must be honored till 11/2022 & 02/2023. Each unit has one covered parking space in carport on the premises and their is still enough parking for visitors. Jump on this one before it's too late!

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Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-05-23T16:08:07.037.
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 Long Realty - The Vallee Gold Team are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.valleegoldteam.com/homes/128412367
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1624 E 8th Street Tucson, AZ 85719

  • Price: $350,000
  • Status: Active
  • On Site: Days
  • Updated: 18 min ago
  • ID#: 22211527
2
Beds
2
Baths
0
½ Baths
0.17
Acres
928
SQFT
$377
$/SQFT
1926
Built
Neighborhood:
Bingham Addition
County:
Pima
Area:
Central
Elementary School:
Sam Hughes
Middle School:
Mansfeld
High School:
Tucson
School District:
TUSD
Property Description
This duplex (units detached) is located only 2 blocks from University of Arizona so it's a quick walk or bike ride to school which makes it a very desirable location for rental properties. Perfect property for an investor to purchase or to live in one & rent out the other. Units have been well maintained & sit on a big R-2 lot which has lots of potential & endless opportunities. Each unit pays for their own electric & gas on separate meters and water/trash is included in the rent which is average approx. $50 per month. Please do not disturb tenants. Lease agreements must be honored till 11/2022 & 02/2023. Each unit has one covered parking space in carport on the premises and their is still enough parking for visitors. Jump on this one before it's too late!
Exterior Features

Construction Mud Adobe Exterior Feature None Fence Chain Link Landscape Front Decorative GravelTrees Landscape Rear Decorative GravelTrees Patio Deck None Pool None Road Type Paved Roof Shingle Rv Parking Space Available Spa None Unit1 Information Parking Carport Unit2 Information Parking Carport View Mountain(S)

Interior Features

Bathroom Features Garden TubShower Only/Hall Breakfast None Dining Areas Breakfast Bar Dining Room Area Driveway To Property Line Extra Room None Floor Covering CarpetWood Interior Features Ceiling Fan(S) Interior Features Interior Steps No Kitchen Features Refrigerator Laundry None Living Areas Living Room Main Cooling Ceiling Fan(S)Wall Unit(S) Main Heating Forced Air Technology Cable TvHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 466 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 464 Water Heater Electric

Property Features

Accessibility Option None Analysis Cap Rate Percent 4.24 Analysis Exp Percent Of Gross 26.13 Analysis Exp Sqft 5.66 Analysis Gross Rent Multi 17.41 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Detached Community None 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 800.00 Expenses Maintenance Supplies 0.00 Expenses Management 2010.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1842.91 Expenses Water Sewer 600.00 Fema Flood Zone No Fire Protection None Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 20100.00 Income Gross Scheduled Rent 20100.00 Income Net Opp Income 14847.09 Income Other Income 0.00 Income Total Expenses 5252.91 Income Vacancy Loss 0.00 Lot Dimensions 50 X 150 X 50 X 150 Lot Features East/West Exposure Lot Size Source Assessor Lot Sqft 7492.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures Lead Based Paint Road Maintenance City Section 7 Security None Sewer Connected Special Conditions None Style Bungalow Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2021 Taxes 184.91 Taxes For Dwelling & Land Terms CashConventional Total Parking 2 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 925 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 750 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Tenant Utilities Paid Landscaping Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

Listing provided by Long Realty Company: (520) 918-2400. Listing information © 2022 MLS of Southern Arizona.


Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-05-23T16:08:07.037.
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 Long Realty - The Vallee Gold Team are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Long Realty - The Vallee Gold Team
1880 E. River Road
Tucson AZ, 85718
Courtesy of Long Realty Company.
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