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    2129 N Margaret Avenue

    Tucson, AZ 85716
    • $425,000
    • STATUS: Active
    • ID#: 22026972
    Price Reduced
    UPDATED: 234 min ago
    $425,000
    • 8
      BEDS
    • 0.27
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,848
      SQFT
    • $149
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Exp Realty.

    Description

    Amazing Cash Flowing Property in great central location. Units currently rented under market value to friends. Market rate for the area is $850-check out MLS #21928272. Potentially bring in $3,400.00/Month or $40,800.00/year in rental income with an $850 monthly rent. Each unit features: 2 bed 1 bath. Newer(3 yrs old) Central AC & furnace, fenced in yards, separate washer/dryer per unit. There is parking for up to 10 cars. Only a 7 Min Drive to UofA, 10 min bike ride to UofA. Approximately $60,000 worth of recent renovation upgrades to building: 4 AC units, 2 sewer cleanouts, Major roof repair & recoating, Electrical upgrades, appliances, water heaters. Your renters will love this up & coming neighborhood just down the street from Culinary Dropout, Orange Theory, Snooze and Postino.

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    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-11-27T00:07:19.75.
    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/111368696
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    2129 N Margaret Avenue Tucson, AZ 85716

    • Price: $425,000
    • Status: Active
    • Updated: 234 min ago
    • ID#: 22026972
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.27
    Acres
    2,848
    SQFT
    $149
    $/SQFT
    1979
    Built
    Neighborhood:
    New Deal Acres
    County:
    Pima
    Area:
    Central
    Elementary School:
    Blenman
    Middle School:
    Doolen
    High School:
    Catalina
    School District:
    TUSD
    Property Description
    Amazing Cash Flowing Property in great central location. Units currently rented under market value to friends. Market rate for the area is $850-check out MLS #21928272. Potentially bring in $3,400.00/Month or $40,800.00/year in rental income with an $850 monthly rent. Each unit features: 2 bed 1 bath. Newer(3 yrs old) Central AC & furnace, fenced in yards, separate washer/dryer per unit. There is parking for up to 10 cars. Only a 7 Min Drive to UofA, 10 min bike ride to UofA. Approximately $60,000 worth of recent renovation upgrades to building: 4 AC units, 2 sewer cleanouts, Major roof repair & recoating, Electrical upgrades, appliances, water heaters. Your renters will love this up & coming neighborhood just down the street from Culinary Dropout, Orange Theory, Snooze and Postino.
    Exterior Features

    Construction Masonry Stucco Driveway Paved Gravel Exterior Feature Workshop Fence BlockWood Landscape Front Low Care Landscape Rear Low Care Patio Deck Covered Pool None Road Type Paved Roof Built-Up - Reflect Rv Parking Space Available Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property Unit4 Information Parking On Property View Mountain

    Interior Features

    Bathroom Features Dual Sinks/HallShower & Tub/Hall Breakfast Bar Dining Areas Breakfast Bar Dining Room Area Extra Room None Floor Covering Ceramic Tile Interior Features SkylightsSmoke DetectorStorage Interior Features Interior Steps No Kitchen Features Breakfast BarDishwasherDouble SinkGarbage DisposalRefrigerator Laundry Dryer IncludedFacilityWasher Included Living Areas Living Room Main Cooling Ac Central Main Heating Forced Air - Elec Technology Cable TvHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 723 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 723 Unit3 Information Furnished No Unit3 Information Number Half Baths 0 Unit3 Information Sqft 723 Unit4 Information Furnished No Unit4 Information Number Half Baths 0 Unit4 Information Sqft 723 Water Heater Electric

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 7.13 Analysis Exp Percent Of Gross 13.71 Analysis Exp Sqft 1.79 Analysis Gross Rent Multi 12.10 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Assoc Amenities None Association And Fees Hoa No Attached Detached Attached Community None Country Usa Distressed Info None Dwelling Type 4 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 600.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 2100.00 Expenses Water Sewer 2400.00 Fema Flood Zone No Fire Protection Included in Taxes Gas None Horse Facilities No Horse Property No Income Adjusted Gross 37200.00 Income Gross Scheduled Rent 37200.00 Income Net Opp Income 32100.00 Income Other Income 0.00 Income Total Expenses 5100.00 Income Vacancy Loss 0.00 Lot Dimensions Irregular Lot Features East/West ExposureSubdivided Lots Lot Size Source Assessor Lot Sqft 11761.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures EasementsInsurance Claims History Report Road Maintenance City Section 5 Security None Sewer Connected Special Conditions None Style ContemporaryRanch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs Yes Subdivision Restrict Deed Restrictions Yes Tax Year 2019 Taxes 2100.24 Taxes For Dwelling & Land Terms CashConventional Total Parking 10 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 650 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 750 Unit2 Information Stories Single Unit3 Information Monthly Rent 850 Unit3 Information Stories Single Unit4 Information Floor 1st Unit4 Information Monthly Rent 850 Unit4 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 Owner Water City Water

    Listing provided courtesy of Exp Realty. Listing information © 2020 MLS of Southern Arizona.


    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-11-27T00:07:19.75.
    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
    1890 East River Road
    Tucson AZ, 85718
    Courtesy of Exp Realty.
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