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2604 N Fair Oaks Avenue

Tucson, AZ 85712
  • $295,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 6450459
UPDATED: 61 min ago
$295,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1980
County:
Area:

School Ratings & Info

School District:

Description

Tremendous upside potential!!! Duplex property located on a corner lot with large 2/1 floor plans (896 sqft each) and an additional standalone building/studio approximately 300 sqft with electric and hot & cold water and drywall finished inside. Both units include ceramic flooring, private off street parking, eat in kitchen and washer and dryer hook up. The standalone building has been rented in the past as an office, workshop or living space studio. The tenants are long term, on moth to month leases and paying below market rents. Rents can be substantially increased with out making improvements to the property. A new roof and one new evaporative cooler just install.

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Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2022-10-02T23:17:08.427.
www.yournextphoenixhome.com/homes/132182629
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2604 N Fair Oaks Avenue Tucson, AZ 85712

  • Price: $295,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 61 min ago
  • MLS #: 6450459
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1980
Built
Neighborhood:
Catalina Farms
County:
Pima
Area:
Tucson
School District:
000 - Out of Area
Property Description
Tremendous upside potential!!! Duplex property located on a corner lot with large 2/1 floor plans (896 sqft each) and an additional standalone building/studio approximately 300 sqft with electric and hot & cold water and drywall finished inside. Both units include ceramic flooring, private off street parking, eat in kitchen and washer and dryer hook up. The standalone building has been rented in the past as an office, workshop or living space studio. The tenants are long term, on moth to month leases and paying below market rents. Rents can be substantially increased with out making improvements to the property. A new roof and one new evaporative cooler just install.
Exterior Features

Construction Frame - Wood Construction Finish Stucco Covered Parking Spaces 0.00 Exterior Amenities Desert Landscaping Lot Size Dimensions 56'X134' Parking >1 Space Per Unit Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 896 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigerator Cooling Ceiling Fan(S)Evaporative Cooling Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Other Interior Amenities Unfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 750.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 18000.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 960.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 1200.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 1800.00 Community Amenities No Pool Cross Street Alvernon & Glenn Rds Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric City Electric Gas None Gross Annual Sch Inc 18000.00 Hoa YN No Net Operating Income 12400.00 New Financing Conventional Operating Exp 5600.00 Other Income 0.00 Owner Pays Other Project Type DuplexOther (See Remarks) Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Tucson Taxes 1640.00 Tenant Pays Other (See Remarks) Vacancy Allowance 0.00 Water City Franchise Zoning R2

Arizona Regional MLS logo Listing provided by Better Homes & Gardens Real Estate Sj Fowler: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2022-10-02T23:17:08.427.
 
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