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3625 E Bellevue Street

Tucson, AZ 85716
  • $1,100,000
  • STATUS: Active
  • ID#: 22324824
$1,100,000
  • 0
    BEDS
  • 0.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,172
    SQFT
  • $264
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1940
County:
Area:

School Ratings & Info

Courtesy of Tierra Antigua Realty.

Description

Discover an outstanding investment opportunity with this remodeled, turnkey property boasting exceptional cash flow. Nestled less than 10 minutes from the esteemed University of Arizona and strategically positioned at the heart of Tucson, it stands as a lucrative venture for savvy investors.This property features six charming remodeled bungalows, all offering in-unit laundry, new AC's as of 2019 with a unit mix of five 1-bedroom, 1-bathroom units, and one 2-bedroom, 1-bathroom unit. Additionally, a detached 2-car garage provides versatile options, with the potential to be rented individually to tenants or local residents.

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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: 2023-12-07T00:06:42.257.
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/145278329
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3625 E Bellevue Street Tucson, AZ 85716

  • Price: $1,100,000
  • Status: Active
  • On Site: Days
  • ID#: 22324824
0
Beds
0
Baths
0
½ Baths
0.88
Acres
4,172
SQFT
$264
$/SQFT
1940
Built
Neighborhood:
Central
County:
Pima
Area:
Central
Property Description
Discover an outstanding investment opportunity with this remodeled, turnkey property boasting exceptional cash flow. Nestled less than 10 minutes from the esteemed University of Arizona and strategically positioned at the heart of Tucson, it stands as a lucrative venture for savvy investors.This property features six charming remodeled bungalows, all offering in-unit laundry, new AC's as of 2019 with a unit mix of five 1-bedroom, 1-bathroom units, and one 2-bedroom, 1-bathroom unit. Additionally, a detached 2-car garage provides versatile options, with the potential to be rented individually to tenants or local residents.
Exterior Features

Construction Mud Adobe Fence Wood Landscape Front Decorative GravelLow CareTrees Landscape Rear Low Care Parking FreePrivate ParkingPublic Parking Road Type Chip/Seal Roof Built-Up - Reflect

Interior Features

Main Cooling Central AirGasHeat Pump Main Heating Gas PacHeat Pump Space Information Ceiling Height 8ft Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 7.50 Analysis Vacancy Rate Percent 7.56 Assessments 0.00 Country USA Electric Electric Company TEP Expenses Contract Services 2100.00 Expenses Insurance 2000.00 Expenses Management 12060.00 Expenses Taxes Assessments 3423.00 Expenses Water Sewer 1800.00 Fema Flood Zone No Fire Protection Included in Taxes Freeway Highway 2.1 - 5 Mile Gas Natural Income Gross Scheduled Rent 116400.00 Income Net Opp Income 86940.00 Income Vacancy Loss 8800.00 Lot Dimensions 120*299*117*2998 Lot Features Dividable LotNorth/South Exposure Lot Sqft 38115.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Tucson - R2 Property Disclosures Lead Based Paint Property Features Smoke DetectorStorage Property Sub Type Apartment Restrictions Deed Security None Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2023 Taxes 3423.29 Terms CashConventional Total Parking 12 Traffic Count Unknown Water City

Listing provided by Tierra Antigua Realty: (520) 544-2335. 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: 2023-12-07T00:06:42.257.
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 Tierra Antigua Realty.