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531 S Main Avenue

Tucson, AZ 85701
  • $595,000
  • STATUS: Active
  • ID#: 22411446
$595,000
  • 2
    BEDS
  • 0.76
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,712
    SQFT
  • $348
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of Northpoint Asset Management.

Description

Two detached homes on One lot in downtown historic neighborhood. There is a shared backyard and parking is on-street.Home #531. 1075 sqft Zoned AC/Heat, 2 flex-use rooms, washer hookup in the laundry room, secluded patio, covered front porch, recently painted exterior, updated sewer and water lines. Currently leased at $1295/mo until 2/28/25. Home #529, 637 sqft, Central AC/forced air heat, washer hookup on covered back porch, recently painted exterior, updated sewer and water lines, on-street parking. Currently leased at $995/mo until 3/31/2025 Both homes offer different amenities and rental rates providing varied investment strategies. If you are interested in viewing the properties, showings can be scheduled upon accepted offer.

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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/150303388
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531 S Main Avenue Tucson, AZ 85701

  • Price: $595,000
  • Status: Active
  • On Site: Days
  • ID#: 22411446
2
Beds
2
Baths
0
½ Baths
0.76
Acres
1,712
SQFT
$348
$/SQFT
1920
Built
Neighborhood:
City Of Tucson
County:
Pima
Area:
Central
Elementary School:
Carrillo
Middle School:
Drachman
High School:
Tucson
School District:
TUSD
Property Description
Two detached homes on One lot in downtown historic neighborhood. There is a shared backyard and parking is on-street.Home #531. 1075 sqft Zoned AC/Heat, 2 flex-use rooms, washer hookup in the laundry room, secluded patio, covered front porch, recently painted exterior, updated sewer and water lines. Currently leased at $1295/mo until 2/28/25. Home #529, 637 sqft, Central AC/forced air heat, washer hookup on covered back porch, recently painted exterior, updated sewer and water lines, on-street parking. Currently leased at $995/mo until 3/31/2025 Both homes offer different amenities and rental rates providing varied investment strategies. If you are interested in viewing the properties, showings can be scheduled upon accepted offer.
Exterior Features

Construction Mud AdobeStucco Finish Exterior Feature None Fence BlockWrought Iron Landscape Front Decorative GravelNone Landscape Rear Decorative GravelLow Care Patio Deck Patio Pool None Road Type Paved Roof Built-UpMetal Spa None Unit1 Information Parking On Street Unit2 Information Parking On Street View None

Interior Features

Bathroom Features Shower & Tub/PrimaryShower Only/Hall Breakfast None Dining Areas Eat-In Kitchen Dining Room None Driveway None Interior Features Ceiling Fan(s)Smoke Detector Kitchen Features Gas RangeRefrigerator Kitchen Features Countertops Laminate Laundry Laundry RoomOutside Living Areas Living Room Main Cooling Central AirZoned Main Heating ElectricNatural GasZoned Technology High Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 1075 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 637 Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 3.74 Analysis Exp Percent Of Gross 19.02 Analysis Exp Sqft 3.05 Analysis Gross Rent Multi 21.65 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Detached Community None Country USA Distressed Info None Dwelling Type 2 Plex Electric Electric Company TEP Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Proforma Expenses Gas Electric 352.00 Expenses Insurance 961.00 Expenses Maintenance Supplies 0.00 Expenses Management 1008.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1764.00 Expenses Water Sewer 1143.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 27480.00 Income Gross Scheduled Rent 27480.00 Income Net Opp Income 22252.00 Income Other Income 0.00 Income Total Expenses 5228.00 Income Vacancy Loss 0.00 Lot Dimensions 42 x78 x44 x80 Lot Features East/West Exposure Lot Size Source Assessor Lot Sqft 3311.00 Municipal Flood Zone No Municipality Zoning Tucson - HO3 Neighborhood Features HistoricPaved Street Property Disclosures Insurance Claims History ReportLead Based PaintLeasesMilitary Airport VctPublic Airport Vcty Road Maintenance City Section 13 Sewer Connected Special Conditions None Style Pueblo Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2023 Taxes 1761.26 Taxes For Dwelling & Land Terms CashConventionalFHA Loan Total Parking 0 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1295 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 995 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Landscaping Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

Listing provided by Northpoint Asset Management: (520) 300-5127. 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 Northpoint Asset Management.