Skip To Content
    Return to Previous Page

    3047 N Santa Rita Avenue

    Tucson, AZ 85719
    • $259,900
    • STATUS: Active Under Contract
    • ID#: 22019277
    Under Contract
    UPDATED: 213 min ago
    $259,900
    • 3
      BEDS
    • 0.12
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,170
      SQFT
    • $222
      $/SQFT
    Type:
    Multi-Family
    Built:
    1945
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Omni Homes International.

    Description

    Owner-agent. Mid-century modern charmer with many recent upgrades and great rental potential. Able to rent out as 3 separate 1 bed 1 bath units with Airbnb (please mind the old photos!), or live in one unit and rent out the others to pay your mortgage! Recently remodeled with new real engineered hardwood oak floors, new dual pane windows, new water heater, new central HVAC, 2 new mini-splits & 1 year home warranty included! Currently renting for $1775/mo for the two units ($1200 and $575), this is already a great investment opportunity, but was making over $3000/mo as an Airbnb! Actual CAP rate at list price for 2020 so far is 7.5%. New fridge, washer and dryer included. Beautiful and private backyard- large trees, brick patio. Separate entrances good for roommates. Also see mls #22018999.

    Monthly Payment Calculator



    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-09-24T00:06:40.17.
    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/108621126
    Print Image

    3047 N Santa Rita Avenue Tucson, AZ 85719

    • Price: $259,900
    • Status: Active Under Contract
    • Updated: 213 min ago
    • ID#: 22019277
    3
    Beds
    3
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,170
    SQFT
    $222
    $/SQFT
    1945
    Built
    Neighborhood:
    Catalina Poultry Acres No 3
    County:
    Pima
    Area:
    Central
    Elementary School:
    Holaway
    Middle School:
    Amphitheater
    High School:
    Amphitheater
    School District:
    Amphitheater
    Property Description
    Owner-agent. Mid-century modern charmer with many recent upgrades and great rental potential. Able to rent out as 3 separate 1 bed 1 bath units with Airbnb (please mind the old photos!), or live in one unit and rent out the others to pay your mortgage! Recently remodeled with new real engineered hardwood oak floors, new dual pane windows, new water heater, new central HVAC, 2 new mini-splits & 1 year home warranty included! Currently renting for $1775/mo for the two units ($1200 and $575), this is already a great investment opportunity, but was making over $3000/mo as an Airbnb! Actual CAP rate at list price for 2020 so far is 7.5%. New fridge, washer and dryer included. Beautiful and private backyard- large trees, brick patio. Separate entrances good for roommates. Also see mls #22018999.
    Exterior Features

    Construction Masonry Stucco Driveway Paved Gravel Exterior Feature None Fence BlockStucco FinishWood Landscape Front Desert PlantingsLow CareShrubsTrees Landscape Rear Low CareShrubsSprinkler/DripTrees Patio Deck CoveredPaver 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 View None

    Interior Features

    Bathroom Features Shower & Tub/MasterShower Only/Hall Breakfast Area Dining Areas Dining in Lr/Gr Dining Room Area Extra Room None Floor Covering Ceramic TileConcreteWood Interior Features Ceiling Fan(S)Dual Pane WindowsExposed BeamsSkylightsSmoke DetectorSplit Bedroom PlanStorage Interior Features Interior Steps No Kitchen Features Double SinkGas RangeRefrigerator Laundry ClosetDryer IncludedWasher Included Living Areas Living RoomOff Kitchen Main Cooling Ac CentralAc WallCeiling Fans Main Heating Forced Air - GasWall Technology Cable TvHigh Speed InternetPre-Wired Tele Lines Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 350 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 820 Water Heater Natural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 5.75 Analysis Exp Percent Of Gross 23.53 Analysis Exp Sqft 4.08 Analysis Gross Rent Multi 13.30 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 1084.00 Expenses Insurance 650.00 Expenses Maintenance Supplies 150.00 Expenses Management 550.00 Expenses Other Expenses 0.00 Expenses Resident Manager 350.00 Expenses Taxes Assessments 1174.23 Expenses Water Sewer 819.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 20300.00 Income Gross Scheduled Rent 10650.00 Income Net Opp Income 15522.77 Income Other Income 9650.00 Income Total Expenses 4777.23 Income Vacancy Loss 0.00 Lot Dimensions irregular Lot Features Adjacent To AlleyEast/West ExposureSubdivided Lots Lot Size Source Assessor Lot Sqft 5227.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features Paved Street Property Disclosures Cc&RsDeed RestrictionsInsurance Claims History ReportLead Based PaintSeller Prop DisclosureUnknown Road Maintenance City Section 31 Security Security Lights Sewer Connected Special Conditions None Style Contemporary Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs Yes Subdivision Restrict Deed Restrictions Yes Tax Year 2019 Taxes 1174.23 Taxes For Dwelling & Land Terms CashConventionalExchangeOwner CarrySeller ConcessionsSubmitTrade Total Parking 2 Township 13 Unit1 Information Floor 1st Unit1 Information Monthly Rent 575 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1200 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Owner Utilities Paid Gas Owner Utilities Paid Insurance Owner Utilities Paid Landscaping Tenant Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

    Listing provided courtesy of Omni Homes International. Listing information © 2020 MLS of Southern Arizona.


    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-09-24T00:06:40.17.
    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_22019277-2.jpg https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22019277-2.jpg https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22019277-2.jpg
    Logo
    Long Realty - The Vallee Gold Team
    1890 East River Road
    Tucson AZ, 85718
    Courtesy of Omni Homes International.
    Google+