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    3501 E Willard Street

    Tucson, AZ 85716
    • $325,000
    • STATUS: Active Under Contract
    • ID#: 22113874
    Under Contract
    UPDATED: 51 min ago
    $325,000
    • 5
      BEDS
    • 0.37
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,800
      SQFT
    • $116
      $/SQFT
    Type:
    Multi-Family
    Built:
    1948
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Habitation Realty Era Powered.

    Description

    Investor opportunity in the desirable Palo Verde Neighborhood. 6.6% CAP with actual figures. Some deferred maintenance, with huge upside after improvements. Five units total- one duplex and one triplex. Beautiful 1948 construction, with excellent light, beam ceilings, and individual yards. Plenty of parking. Four units are occupied, fifth unit is the smallest, and needs electrical work to be rented. Electrical is functional in the other units, but needs service and wiring upgrades. Add central AC and boost rents $100-200 per unit. Large storage unit could be converted to an additional unit as well. Professionally managed by Habitation Realty. Excellent tenants, with all numbers available. Shown only w/accepted contract. All offers will be reviewed on June 7 at 6pm.

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    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-10-27T12:06:35.447.
    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 Keller Williams Southern Arizona - The Josh Berkley Team are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.joshberkley.com/homes/117711609
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    3501 E Willard Street Tucson, AZ 85716

    • Price: $325,000
    • Status: Active Under Contract
    • Updated: 51 min ago
    • ID#: 22113874
    5
    Beds
    4
    Baths
    0
    ½ Baths
    0.37
    Acres
    2,800
    SQFT
    $116
    $/SQFT
    1948
    Built
    Neighborhood:
    Speedway Park Addition Resub
    County:
    Pima
    Area:
    Central
    Elementary School:
    Blenman
    Middle School:
    Doolen
    High School:
    Catalina
    School District:
    TUSD
    Property Description
    Investor opportunity in the desirable Palo Verde Neighborhood. 6.6% CAP with actual figures. Some deferred maintenance, with huge upside after improvements. Five units total- one duplex and one triplex. Beautiful 1948 construction, with excellent light, beam ceilings, and individual yards. Plenty of parking. Four units are occupied, fifth unit is the smallest, and needs electrical work to be rented. Electrical is functional in the other units, but needs service and wiring upgrades. Add central AC and boost rents $100-200 per unit. Large storage unit could be converted to an additional unit as well. Professionally managed by Habitation Realty. Excellent tenants, with all numbers available. Shown only w/accepted contract. All offers will be reviewed on June 7 at 6pm.
    Exterior Features

    Construction Brick Driveway Paved Gravel Exterior Feature Shed Fence Chain Link Landscape Front Low Care Landscape Rear Low Care Patio Deck Patio Pool None Road Type Paved Roof Built-Up - Reflect Rv Parking Space Available Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property Unit4 Information Parking On Property View Mountain(S)

    Interior Features

    Bathroom Features Pedestal Sink(S)Shower Only/Hall Breakfast Area Dining Areas Breakfast Bar Dining Room Area Extra Room Storage Floor Covering Ceramic TileConcrete Interior Features Exposed BeamsSmoke Detector Interior Features Interior Steps No Kitchen Features Refrigerator Laundry Outside Living Areas Living Room Main Cooling Central AirEvaporative CoolingZoned Main Heating Wall Technology Cable Tv Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 500 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 750 Unit3 Information Furnished No Unit3 Information Number Half Baths 0 Unit3 Information Sqft 700 Unit4 Information Furnished No Unit4 Information Number Half Baths 0 Unit4 Information Sqft 500 Water Heater Natural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 6.59 Analysis Exp Percent Of Gross 30.85 Analysis Exp Sqft 3.41 Analysis Gross Rent Multi 10.49 Analysis Vacancy Rate Percent 12.08 Assessments 0.00 Association And Fees Hoa No Attached Detached Attached Community None Contingent Active Contingent Country Usa Distressed Info None Dwelling Type 4 Plex Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Actual Expenses Gas Electric 0.00 Expenses Insurance 1000.00 Expenses Maintenance Supplies 0.00 Expenses Management 4483.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 2577.91 Expenses Water Sewer 1500.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 30990.00 Income Gross Scheduled Rent 33540.00 Income Net Opp Income 21429.09 Income Other Income 1500.00 Income Total Expenses 9560.91 Income Vacancy Loss 4050.00 Lot Dimensions 144 X 118 X 144 X 117 Lot Features Corner LotNorth/South Exposure Lot Size Source Assessor Lot Sqft 16117.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures Insurance Claims History ReportLead Based PaintLeasesSeller Prop Disclosure Road Maintenance City Section 4 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 2020 Taxes 2577.91 Taxes For Dwelling & Land Terms CashConventional Total Parking 8 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 550 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 695 Unit2 Information Stories Single Unit3 Information Floor 1st Unit3 Information Monthly Rent 1000 Unit3 Information Stories Single Unit4 Information Floor 1st Unit4 Information Monthly Rent 550 Unit4 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 courtesy of Habitation Realty Era Powered. Listing information © 2021 MLS of Southern Arizona.


    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-10-27T12:06:35.447.
    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 Keller Williams Southern Arizona - The Josh Berkley Team are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
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    Keller Williams Southern Arizona - The Josh Berkley Team
    1849 N Kolb Road
    Tucson AZ, 85715
    Courtesy of Habitation Realty Era Powered.