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2632 N Stone Avenue

Tucson, AZ 85705
  • $890,000
  • STATUS: Active Under Contract
  • ID#: 22118706
Under Contract
UPDATED: 69 min ago
$890,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,108
    SQFT
  • $146
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1934
County:
Area:

School Ratings & Info

Courtesy of Keller Williams Southern Arizona.

Description

Great location near University of Arizona, I-10, Pima Community College, shopping, restaurants, golf, biking & bus routes. The property consists of one 2 BR house w a den, another two BR house and seven 1 BR casitas for a total of 9 separate houses on almost an acre of land! Additional room for growth with vacant land space. Charming units have covered tiled front porches, most have hardwood flooring, and there is an abundance of parking spaces. Improvements to the units include privately fenced backyards, stucco patched and painted, and owner has started to add A/C Mini splits in the units, 3 have recently been installed. There is a common area with seating for a friendly environment on the property. Tucson rents are escalating at a record pace so there is room to raise the rents.

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Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-10-27T09:06:23.717.
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 Gateway Partners International | REAL BROKER AZ are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.gatewayagent.com/homes/119515370
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2632 N Stone Avenue Tucson, AZ 85705

  • Price: $890,000
  • Status: Active Under Contract
  • Updated: 69 min ago
  • ID#: 22118706
0
Beds
0
Baths
0
½ Baths
0.84
Acres
6,108
SQFT
$146
$/SQFT
1934
Built
Neighborhood:
Central
County:
Pima
Area:
Central
Property Description
Great location near University of Arizona, I-10, Pima Community College, shopping, restaurants, golf, biking & bus routes. The property consists of one 2 BR house w a den, another two BR house and seven 1 BR casitas for a total of 9 separate houses on almost an acre of land! Additional room for growth with vacant land space. Charming units have covered tiled front porches, most have hardwood flooring, and there is an abundance of parking spaces. Improvements to the units include privately fenced backyards, stucco patched and painted, and owner has started to add A/C Mini splits in the units, 3 have recently been installed. There is a common area with seating for a friendly environment on the property. Tucson rents are escalating at a record pace so there is room to raise the rents.
Exterior Features

Construction Masonry Stucco Fence Wood Landscape Front None Landscape Rear None Road Type Dirt Roof Built-Up

Interior Features

Main Cooling Central AirWall Unit(S) Main Heating Forced AirNatural Gas Water Heater Natural Gas

Property Features

Analysis Cap Rate Percent 7.07 Assessments 0.00 Contingent Active Contingent Country Usa Expenses Figures Presented Proforma Expenses Insurance 3670.00 Expenses Maintenance Supplies 1430.00 Expenses Management 5268.00 Expenses Taxes Assessments 4473.00 Expenses Water Sewer 2260.00 Fire Protection Included in Taxes Freeway Highway 1.1 - 2 Miles Gas Natural Income Gross Scheduled Rent 80040.00 Income Net Opp Income 62939.00 Lot Dimensions irregualar Lot Features North/South Exposure Lot Sqft 36711.00 Multi Tenant Yes Municipality Zoning Tucson - C2 Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Tax Year 2020 Taxes 4472.24 Total Parking 20 Water City

Listing provided courtesy of Keller Williams Southern Arizona. Listing information © 2021 MLS of Southern Arizona.


Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-10-27T09:06:23.717.
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 Gateway Partners International | REAL BROKER AZ are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Gateway Partners International | REAL BROKER AZ
4500 N Oracle Road #261
Tucson AZ, 85705
Courtesy of Keller Williams Southern Arizona.