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4140 N Fremont Avenue

Tucson, AZ 85719
  • $300,000
  • STATUS: Active
  • MLS #: 22209988
UPDATED: 239 min ago
$300,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,965
    SQFT
  • $153
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of Omni Homes International.

Description

Investment opportunity-Whether you're an Investor, Landlord, or future homeowner, this duplex offers potential added value. There is one 2 bedroom/1 bath, and one 3 bedroom/2 bath unit. Rents are below market; the property is ready for updating. You can live in one unit and your tenant's rent will subsidize your mortgage. Current tenants have been long-time renters renting month-to-month. Property is close to Tucson Mall, University of Arizona, Banner UMC, Rillito Riverwalk, schools and bus lines. Please Don't Disturb Tenants.

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Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-05-19T00:06:50.843.
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 A.Z. & Associates Real Estate Group are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.soldbytlt.com/homes/127887317
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4140 N Fremont Avenue Tucson, AZ 85719

  • Price: $300,000
  • Status: Active
  • On Site: Days
  • Updated: 239 min ago
  • MLS #: 22209988
5
Beds
3
Baths
0
½ Baths
0.17
Acres
1,965
SQFT
$153
$/SQFT
1973
Built
Neighborhood:
Unsubdivided
County:
Pima
Area:
Central
Elementary School:
Rio Vista
Middle School:
Amphitheater
High School:
Amphitheater
School District:
Amphitheater
Property Description
Investment opportunity-Whether you're an Investor, Landlord, or future homeowner, this duplex offers potential added value. There is one 2 bedroom/1 bath, and one 3 bedroom/2 bath unit. Rents are below market; the property is ready for updating. You can live in one unit and your tenant's rent will subsidize your mortgage. Current tenants have been long-time renters renting month-to-month. Property is close to Tucson Mall, University of Arizona, Banner UMC, Rillito Riverwalk, schools and bus lines. Please Don't Disturb Tenants.
Exterior Features

Construction Frame - Stucco Exterior Feature None Fence Chain Link Landscape Front Low Care Landscape Rear Desert Plantings Patio Deck None Pool None Road Type Paved Roof Built-Up - Reflect Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View Residential

Interior Features

Bathroom Features Shower & Tub/Primary Breakfast Area Dining Areas Eat-In Kitchen Dining Room None Driveway None Extra Room None Floor Covering CarpetCeramic TileVinyl Interior Features Smoke Detector Interior Features Interior Steps No Kitchen Features Refrigerator Living Areas Living Room Main Cooling Central AirEvaporative Cooling Main Heating Forced AirNatural Gas Technology Cable Tv Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 800 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 1200 Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 3.68 Analysis Exp Percent Of Gross 38.27 Analysis Exp Sqft 3.48 Analysis Gross Rent Multi 16.78 Analysis Vacancy Rate Percent 0.03 Assessments 0.00 Association And Fees Hoa No Attached Detached Attached 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 0.00 Expenses Insurance 900.00 Expenses Maintenance Supplies 0.00 Expenses Management 1187.00 Expenses Other Expenses 634.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1458.00 Expenses Water Sewer 2661.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 17875.00 Income Gross Scheduled Rent 17880.00 Income Net Opp Income 11035.00 Income Other Income 0.00 Income Total Expenses 6840.00 Income Vacancy Loss 5.00 Lot Dimensions 46 X 127 X 47 X 127 Lot Features Subdivided Lot Size Source Assessor Lot Sqft 7619.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures Military Airport Vct Road Maintenance City Section 19 Security None Sewer Connected Special Conditions None Style Bungalow Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2021 Taxes 1458.23 Taxes For Dwelling & Land Terms CashConventional Total Parking 4 Township 13 Unit1 Information Floor 1st Unit1 Information Monthly Rent 595 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 895 Unit2 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 Omni Homes International: (520) 275-4077. Listing information © 2022 MLS of Southern Arizona.


Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-05-19T00:06:50.843.
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 A.Z. & Associates Real Estate Group are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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A.Z. & Associates Real Estate Group
10320 W McDowell Rd, Ste J1033
Avondale AZ, 85392
Courtesy of Omni Homes International.