373/375 W President Street, Tucson, AZ 85714 (MLS# 21929253)


$74,000
373/375 W President Street
Tucson, AZ 85714
MLS# 21929253
792 sqft


373/375 W President Street, Tucson, AZ 85714
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373/375 W President Street, Tucson, AZ 85714 373/375 W President Street, Tucson, AZ 85714 373/375 W President Street, Tucson, AZ 85714 373/375 W President Street, Tucson, AZ 85714 373/375 W President Street, Tucson, AZ 85714 373/375 W President Street, Tucson, AZ 85714 373/375 W President Street, Tucson, AZ 85714

Property Description
Investor special!!! This is a duplex and both units are studios each with 1 bathroom. If you are looking for an amazing investment opportunity then this is the perfect find for you. Taxes are low because the previous owner had an exemption, property taxes will be higher for new owner.

Details
Maps
Documents
Address Information
Street #: 373/375
Direction: W
Street Name: President
Suffix: Street
State/Province: AZ
Zip Code: 85714
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 120-07-342A
Tax Year: 2018
Taxes: 8.25
Taxes For: Dwelling & Land
Legal Description: National City No 2 Amended N2 Lot 5 Blk 24
Area: South
Subdivision: National City NO. 2 Amend
Township: 14
Range: 13
Section: 36
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Community: None
Contract Information
Current Price: $74,000
List Price: $74,000
Listing Date: 2019-11-12
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Status: Active
Showing Information
Directions: E Ajo Way/ S 6th Ave. Heading West on W Ajo Way. From W Ajo Way turn left onto S Lundy Ave. The property will be on your left.
General Property Information
Dwelling Type: 2 Plex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.09
Lot Sqft: 3920
Lot Size Source: Assessor
Combined SqFt: 792
Year Built: 1937
Total Parking: 2
School District: TUSD
Elementary School: Hollinger
Middle School: Utterback-Magnet
High School: Pueblo
Horse Property: No
Horse Facilities: No
List Price/SqFt: 93.43
Lot Size Price/SqFt: 18.88
Remarks & Misc
Geo Lat: 32.176688
Geo Lon: -110.974632
Unit 1 Information
Monthly Rent: 550
# Full Baths: 1
SqFt: 396
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 550
# Full Baths: 1
SqFt: 396
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 11.72
Gross Rent Multi: 6.12
Vacancy Rate %: 8.33
Exp/SqFt: 4.33
Exp % of Gross: 28.33
Income
Gross Scheduled Rent: 13200
Vacancy Loss: 1100
Adjusted Gross: 12100
Total Expenses: 3428
Net Opp Income: 8672
Expenses
Insurance: 500
Maintenance Supplies: 1000
Management: 1320
Taxes/Assessments: 8
Water/Sewer: 600
Figures Presented: Proforma
Interior Features
Interior Steps: No
Water Heater
None: n/a
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Owner
Gas: Owner
Insurance: Tenant
Sewer: Tenant
Taxes: Tenant
Trash: Tenant
Water: Tenant
Driveway
Paved: Gravel
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No
Association & Fees
HOA: No
Submit With Offer
Digital Signatures: Yes
Home Protection
Offered: No
Property Features
Construction: Stucco Finish
Style: Ranch
Roof: Built-Up
Living Areas: None
Dining Areas: Eat-In Kitchen
Dining Room: None
Breakfast: None
Kitchen Features: Double Sink
Bathroom Features: None
Laundry: None
Extra Room: None
Floor Covering: Concrete
Window Covering: None
Technology: Cable TV
Main Cooling: None
Main Heating: None
Gas: Natural
Sewer: Connected
Water: City Water
Accessibility Option: None
Security: None
Patio/Deck: None
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: None
Landscape - Rear: None
View: None
Road Type: Paved
RV Parking: Space Available
Exterior Feature: None
Lot Features: Subdivided Lots
Neighborhood Features: None
Terms: Cash
Submit With Offer: Proof of Funds
Property Disclosures: None
Special Conditions: None

Listing Office: eXp Realty

Last Updated: December - 10 - 2019

Information deemed reliable but not guaranteed.

Tuesday 10th of December 2019 11:40 PM