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Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type 3 Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,716 sqft
Price per Sqft $81
Subdivision Sawtelle Place
MLS Listing ID 21800537
Sold Date 05/11/18
Style Ranch
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1963
Annual Tax Amount $1,752
Tax Year 2017
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type 3 Plex
Property Description
Outstanding investment at a 9%+ cap rate! Property consists of a 3 bedroom 2 bath home in the front (rented at $900/month), and a duplex in the back (675/month and $680/month) for a total of $2,255 per month in rent. Lots and lots of parking, and duplex units have large yards. Live in one unit and rent the rest out, or lease it as is, and collect the rents every month. Fully lease already!The owner also started the process of splitting the home from the duplex, in case the new owner wanted to sell the home off separately and keep the duplex, or vis versa. Makes for more creative financing as well and more desirable for future sale.
Location
State AZ
County Pima
Area Central
Zoning Tucson - R3
Rooms
Other Rooms None
Dining Room Eat-In Kitchen
Kitchen Refrigerator
Interior
Interior Features Smoke Detector
Hot Water Electric
Heating Forced Air, Natural Gas
Cooling Central Air, Evaporative Cooling
Flooring Carpet, Ceramic Tile
Laundry Laundry Room
Exterior
Exterior Feature None
Fence None
Pool None
Community Features None
View None
Roof Type Built-Up,Shingle
Accessibility Level, None
Road Frontage Paved
Building
Lot Description Subdivided
Sewer Connected
Water City Water
Schools
Elementary Schools Prince
Middle Schools Amphitheater
High Schools Amphitheater
School District Amphitheater
Others
Senior Community No
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Special Listing Condition None
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