Skip To Content
    Return to Previous Page

    2304 N Forgeus Avenue

    Tucson, AZ 85716
    • $649,000
    • STATUS: Active Under Contract
    • ID#: 22102203
    Under Contract
    UPDATED: 79 min ago
    $649,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,230
      SQFT
    • $153
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1976
    County:
    Area:

    School Ratings & Info

    Courtesy of S J Fowler Real Estate.

    Description

    Seven unit apartment complex comprised of two buildings. Building one is four 1/1 units and one 2/1 (owner occupied) unit. Building two is a 1/1 house on the back of the lot with an attached studio/one bedroom unit with a carport. Large lot with a lot of parking and room for additional units. All units include private fenced rear yards with washer dryer hook ups on the patio. The house has central AC/Heat with the other units having a combo of AC wall units and evaporative cooling with electric heating. The property is currently owner occupied and is very well maintained. rents are substantially below market with all month to month tenants, rents can easily be raised. Do not disturb the tenants, call listing agent for a showing. rent roll and financials are attached under documents tab.

    Monthly Payment Calculator



    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-03-05T23:06:40.827.
    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/113670001
    Print Image

    2304 N Forgeus Avenue Tucson, AZ 85716

    • Price: $649,000
    • Status: Active Under Contract
    • Updated: 79 min ago
    • ID#: 22102203
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    4,230
    SQFT
    $153
    $/SQFT
    1976
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    Seven unit apartment complex comprised of two buildings. Building one is four 1/1 units and one 2/1 (owner occupied) unit. Building two is a 1/1 house on the back of the lot with an attached studio/one bedroom unit with a carport. Large lot with a lot of parking and room for additional units. All units include private fenced rear yards with washer dryer hook ups on the patio. The house has central AC/Heat with the other units having a combo of AC wall units and evaporative cooling with electric heating. The property is currently owner occupied and is very well maintained. rents are substantially below market with all month to month tenants, rents can easily be raised. Do not disturb the tenants, call listing agent for a showing. rent roll and financials are attached under documents tab.
    Exterior Features

    Fence BlockWood Roof Built-Up

    Interior Features

    Main Cooling Ac CentralAc WallEvap Central Main Heating BaseboardForced Air - Gas Water Heater ElectricNatural Gas

    Property Features

    Analysis Cap Rate Percent 6.31 Analysis Vacancy Rate Percent 5.00 Assessments 0.00 Contingent Active Contingent Country Usa Expenses Figures Presented Proforma Expenses Gas Electric 1200.00 Expenses Insurance 2066.00 Expenses Maintenance Supplies 2850.00 Expenses Management 4130.00 Expenses Taxes Assessments 3346.00 Expenses Water Sewer 4408.00 Fema Flood Zone No Fire Protection Included in Taxes Income Adjusted Gross 59000.00 Income Gross Scheduled Rent 62100.00 Income Net Opp Income 41000.00 Income Vacancy Loss 3105.00 Lot Dimensions 80X298 Lot Sqft 21780.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Property Sub Type Apartment Short Sale No Source Of Sqft Other Tax Year 2020 Taxes 3346.00 Total Parking 15

    Listing provided courtesy of S J Fowler Real Estate. Listing information © 2021 MLS of Southern Arizona.


    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-03-05T23:06:40.827.
    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.
     
    https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22102203-2.jpg https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22102203-2.jpg https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22102203-2.jpg
    Logo
    Long Realty - The Vallee Gold Team
    1890 East River Road
    Tucson AZ, 85718
    Courtesy of S J Fowler Real Estate.
    Google+