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143 E 31st Street

Tucson, AZ 85713
  • $399,500
  • STATUS: Active
  • ID#: 22315678
UPDATED: 9 min ago
$399,500
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,171
    SQFT
  • $184
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1938
County:
Area:

School Ratings & Info

Courtesy of Abi Multifamily, Llc.

Description

*5 Units, Built in 1946*Property Features (3) Studios, (2) One-Bedroom / One-Bathroom Units*Tenants Are on Month-to-Month Leases Providing the Opportunity To Increase Rents Immediately*Conveniently Located Close to I-10 & 1-19*Individually Metered for Electricity*Coin-Op Laundry On-Site Conveniently located near 1-10 and 1-19, this 5-unit property consistently maintains 100% occupancy. The tenants are on month-to-month leases, making it possible to bump rents to market pricing immediately. The property has been renovated over the past years providing a turnkey investment opportunity. The property is individually metered for gas and electricity. Seller Financing options available.

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2023 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2023-09-22T12:07:10.413.
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 The Crown Team | KMS Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.azcrownteam.com/homes/141731258
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143 E 31st Street Tucson, AZ 85713

  • Price: $399,500
  • Status: Active
  • On Site: Days
  • Updated: 9 min ago
  • ID#: 22315678
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2,171
SQFT
$184
$/SQFT
1938
Built
Neighborhood:
South
County:
Pima
Area:
South
Property Description
*5 Units, Built in 1946*Property Features (3) Studios, (2) One-Bedroom / One-Bathroom Units*Tenants Are on Month-to-Month Leases Providing the Opportunity To Increase Rents Immediately*Conveniently Located Close to I-10 & 1-19*Individually Metered for Electricity*Coin-Op Laundry On-Site Conveniently located near 1-10 and 1-19, this 5-unit property consistently maintains 100% occupancy. The tenants are on month-to-month leases, making it possible to bump rents to market pricing immediately. The property has been renovated over the past years providing a turnkey investment opportunity. The property is individually metered for gas and electricity. Seller Financing options available.
Exterior Features

Construction Masonry Stucco Fence Chain Link

Interior Features

Main Cooling Wall Unit(S) Main Heating Wall Water Heater Natural Gas

Property Features

Analysis Cap Rate Percent 6.96 Analysis Vacancy Rate Percent 0.01 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Admin Expenses 500.00 Expenses Captial Expenses 875.00 Expenses Contract Services 1000.00 Expenses Figures Presented Proforma Expenses Gas Electric 300.00 Expenses Insurance 2000.00 Expenses Maintenance Supplies 2750.00 Expenses Management 750.00 Expenses Other Expenses 1500.00 Expenses Taxes Assessments 1046.00 Expenses Water Sewer 800.00 Fire Protection Included in Taxes Freeway Highway 1.1 - 2 Miles Gas Natural Income Gross Scheduled Rent 46200.00 Income Vacancy Loss 6.50 Lot Dimensions 51' X 150' Lot Sqft 6969.00 Multi Tenant Yes Municipality Zoning South Tucson - Sr2 Property Disclosures AddendumAsbestosLead Based Paint Property Sub Type Apartment Security Window Bars Sewer Connected Short Sale No Source Of Sqft Other Tax Year 2022 Taxes 1045.98 Terms ConventionalOwner Carry Total Parking 5 Water City

Listing provided by Abi Multifamily, Llc: (520) 265-1993. Listing information © 2023 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2023 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2023-09-22T12:07:10.413.
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 The Crown Team | KMS Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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The Crown Team | KMS Realty
5225 E Pima St.
Tucson AZ, 85712
Courtesy of Abi Multifamily, Llc.