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2604 N Fair Oaks Avenue

Tucson, AZ 85712
  • $295,000
  • STATUS: Active Under Contract
  • ID#: 22221507
Under Contract
UPDATED: 229 min ago
$295,000
  • 4
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,792
    SQFT
  • $165
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of Better Homes & Gardens Real Estate-Sj Fowler.

Description

Tremendous upside potential!!! Duplex property located on a corner lot with large 2/1 floor plans (896 sqft each) and an additional standalone building/studio approximately 300 sqft with electric and hot & cold water and drywall finished inside. Both units include ceramic flooring, private off street parking, eat in kitchen and washer and dryer hook up. The standalone building has been rented in the past as an office, workshop or living space studio. The tenants are long term, on moth to month leases and paying below market rents. Rents can be substantially increased with out making improvements to the property. A new roof and one new evaporative cooler just install.

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-10-02T00:07:36.187.
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/132164461
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2604 N Fair Oaks Avenue Tucson, AZ 85712

  • Price: $295,000
  • Status: Active Under Contract
  • On Site: Days
  • Updated: 229 min ago
  • ID#: 22221507
4
Beds
2
Baths
0
½ Baths
0.17
Acres
1,792
SQFT
$165
$/SQFT
1980
Built
Neighborhood:
Catalina Farms Annex
County:
Pima
Area:
Central
Elementary School:
Wright
Middle School:
Doolen
High School:
Catalina
School District:
TUSD
Property Description
Tremendous upside potential!!! Duplex property located on a corner lot with large 2/1 floor plans (896 sqft each) and an additional standalone building/studio approximately 300 sqft with electric and hot & cold water and drywall finished inside. Both units include ceramic flooring, private off street parking, eat in kitchen and washer and dryer hook up. The standalone building has been rented in the past as an office, workshop or living space studio. The tenants are long term, on moth to month leases and paying below market rents. Rents can be substantially increased with out making improvements to the property. A new roof and one new evaporative cooler just install.
Exterior Features

Construction Frame - Stucco Exterior Feature None Fence Wood Landscape Front Low CareTrees Landscape Rear Low Care Patio Deck Patio Pool None Road Type Paved Roof Shingle Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property View None

Interior Features

Bathroom Features Shower & Tub/Hall Breakfast Eat-In Dining Areas Eat-In Kitchen Dining Room None Driveway To Property Line Extra Room None Floor Covering Ceramic Tile Interior Features Ceiling Fan(S) Kitchen Features Electric RangeRefrigerator Laundry Outside Living Areas Family Room Main Cooling Evaporative Cooling Main Heating Forced Air Technology Cable Tv Unit1 Information Furnished No Unit1 Information Number Half Baths 2 Unit1 Information Sqft 896 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 896 Unit3 Information Furnished No Unit3 Information Number Half Baths 0 Unit3 Information Sqft 300 Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 5.02 Analysis Exp Percent Of Gross 27.45 Analysis Exp Sqft 3.13 Analysis Gross Rent Multi 14.46 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 Proforma Expenses Gas Electric 0.00 Expenses Insurance 960.00 Expenses Maintenance Supplies 1200.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1640.00 Expenses Water Sewer 1800.00 Fema Flood Zone Tbd Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 20400.00 Income Gross Scheduled Rent 20400.00 Income Net Opp Income 14800.00 Income Other Income 0.00 Income Total Expenses 5600.00 Income Vacancy Loss 0.00 Lot Dimensions 56' X 134' Lot Features East/West Exposure Lot Size Source Assessor Lot Sqft 7492.00 Municipal Flood Zone Tbd Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures Seller Prop Disclosure Road Maintenance City Section 34 Security None Sewer Connected Special Conditions None Style Ranch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2021 Taxes 1639.48 Taxes For Dwelling & Land Terms CashConventional Total Parking 6 Township 13 Unit1 Information Floor 1st Unit1 Information Monthly Rent 850 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 850 Unit2 Information Stories Single Unit3 Information Monthly Rent 0 Unit3 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant 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 by Better Homes & Gardens Real Estate-Sj Fowler: (480) 649-3536. Listing information © 2022 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-10-02T00:07:36.187.
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 Better Homes & Gardens Real Estate-Sj Fowler.