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2477 N Alvernon Way

Tucson, AZ 85712
  • $230,000
  • STATUS: Active
  • ID#: 22414577
$230,000
  • 4
    BEDS
  • 0.3
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,986
    SQFT
  • $116
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of Realty Executives Arizona Territory.

Description

This property features a duplex and 1 casita, each with its own backyard. Duplex is made up of a 2 bed and a 1 bed and the casita is a 1 bed as well. With O-3 zoning, it provides a versatile opportunity for immediate rental income and long-term development. Located in an Opportunity Zone, the property offers attractive tax incentives for investors. The strategic location enhances its appeal, being close to key amenities and commercial centers. Most units are ripe for improvements, presenting substantial opportunities to boost rental income. This property is a prime candidate for both income generation and future growth. Range $230,000-$250,000. Must be sold with MLS#22414576

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2024-07-18T00:07:04.217.
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 Eclipse Real Estate Group | Realty Executives Arizona Territory are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.eclipsehomesaz.com/homes/151555095
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2477 N Alvernon Way Tucson, AZ 85712

  • Price: $230,000
  • Status: Active
  • On Site: Days
  • ID#: 22414577
4
Beds
3
Baths
0
½ Baths
0.3
Acres
1,986
SQFT
$116
$/SQFT
1948
Built
Neighborhood:
Catalina Farms Annex
County:
Pima
Area:
Central
Elementary School:
Wright
Middle School:
Doolen
High School:
Catalina
School District:
TUSD
Property Description
This property features a duplex and 1 casita, each with its own backyard. Duplex is made up of a 2 bed and a 1 bed and the casita is a 1 bed as well. With O-3 zoning, it provides a versatile opportunity for immediate rental income and long-term development. Located in an Opportunity Zone, the property offers attractive tax incentives for investors. The strategic location enhances its appeal, being close to key amenities and commercial centers. Most units are ripe for improvements, presenting substantial opportunities to boost rental income. This property is a prime candidate for both income generation and future growth. Range $230,000-$250,000. Must be sold with MLS#22414576
Exterior Features

Construction Brick Exterior Feature Dog Run Fence Wood Landscape Front Decorative GravelLow Care Landscape Rear Low Care Patio Deck Covered Pool None Road Type Paved Roof Built-UpShingle Rv Parking Space Available Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property View Mountain(s)

Interior Features

Bathroom Features Shower & Tub/PrimaryShower Only/Primary Breakfast None Dining Areas Eat-In Kitchen Dining Room None Driveway Circular Extra Room None Floor Covering Ceramic Tile Interior Features Ceiling Fan(s) Kitchen Features Gas RangeRefrigerator Kitchen Features Countertops tile Laundry Outside Living Areas Living RoomOff Kitchen Main Cooling Ceiling Fan(s)Evaporative Cooling Main Heating Wall Technology High Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 663 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 663 Unit3 Information Furnished No Unit3 Information Number Half Baths 0 Unit3 Information Sqft 660 Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 7.67 Analysis Exp Percent Of Gross 34.67 Analysis Exp Sqft 4.72 Analysis Gross Rent Multi 8.51 Analysis Vacancy Rate Percent 5.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Detached Community None Country USA Distressed Info None Dwelling Type 3 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 1482.00 Expenses Maintenance Supplies 538.00 Expenses Management 2700.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 2661.10 Expenses Water Sewer 1987.20 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 27018.00 Income Gross Scheduled Rent 28440.00 Income Net Opp Income 17649.69 Income Other Income 0.00 Income Total Expenses 9368.30 Income Vacancy Loss 1422.00 Lot Dimensions See New Assesors Map Lot Features East/West Exposure Lot Size Source Assessor Lot Sqft 13228.00 Municipal Flood Zone No Municipality Zoning Tucson - O3 Neighborhood Features None Property Disclosures Insurance Claims History ReportLead Based PaintSeller Prop Disclosure Road Maintenance City Section 33 Security None Sewer Connected Special Conditions None Style BungalowSouthwestern Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions Yes Tax Year 2023 Taxes 2661.10 Taxes For Dwelling & Land Terms CashConventional Total Parking 8 Township 13 Unit1 Information Floor 1st Unit1 Information Monthly Rent 695 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 825 Unit2 Information Stories Single Unit3 Information Floor 1st Unit3 Information Monthly Rent 850 Unit3 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 by Realty Executives Arizona Territory: (520) 877-4940. Listing information © 2024 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2024-07-18T00:07:04.217.
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 Eclipse Real Estate Group | Realty Executives Arizona Territory are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Eclipse Real Estate Group | Realty Executives Arizona Territory
6760 N Oracle Rd, #130
Tucson AZ, 85704
Courtesy of Realty Executives Arizona Territory.