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509 S Meyer Avenue

Tucson, AZ 85701
  • $625,000
  • STATUS: Active Under Contract
  • MLS #: 22125853
Under Contract
UPDATED: 28 min ago
$625,000
  • 3
    BEDS
  • 0.17
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,194
    SQFT
  • $285
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1906
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of Aag Realty.

Description

Historic adobe triplex located in Bario Viejo. The original structure was built in 1905-1908 as a single-family residence. Two attached apartments were added to the southern edge about 20 years later in 1926 making up in total what we know today as 511 & 513 S. Meyer Avenue. Early on, the property was known as the Fimbres House named after the legacy of the builder, Feliciano Fimbres and his family whom occupied it until the 1930s. All 3 units were recently renovated including a with a brand new roof in 2021. One lease is expiring at the end of November so this property can be owner occupied.

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Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-10-23T13:06:47.527.
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/122177940
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509 S Meyer Avenue Tucson, AZ 85701

  • Price: $625,000
  • Status: Active Under Contract
  • Updated: 28 min ago
  • MLS #: 22125853
3
Beds
3
Baths
0
½ Baths
0.17
Acres
2,194
SQFT
$285
$/SQFT
1906
Built
Neighborhood:
City Of Tucson
County:
Pima
Area:
Central
Elementary School:
Carrillo
Middle School:
Drachman
High School:
Tucson
School District:
TUSD
Property Description
Historic adobe triplex located in Bario Viejo. The original structure was built in 1905-1908 as a single-family residence. Two attached apartments were added to the southern edge about 20 years later in 1926 making up in total what we know today as 511 & 513 S. Meyer Avenue. Early on, the property was known as the Fimbres House named after the legacy of the builder, Feliciano Fimbres and his family whom occupied it until the 1930s. All 3 units were recently renovated including a with a brand new roof in 2021. One lease is expiring at the end of November so this property can be owner occupied.
Exterior Features

Construction Mud Adobe Exterior Feature None Fence None Landscape Front None Landscape Rear None Patio Deck None Pool None Road Type Paved Roof Metal Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property View City

Interior Features

Bathroom Features None Breakfast Area Dining Areas Breakfast Nook Dining Room Area Driveway Car(S) Pad Extra Room None Floor Covering ConcreteVinyl Interior Features Foyer Kitchen Features DishwasherFreezerGas RangeRefrigerator Laundry Dryer IncludedWasher Included Living Areas Living Room Main Cooling Central Air Main Heating ElectricForced Air Technology Cable TvHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 697 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 790 Unit3 Information Furnished No Unit3 Information Number Half Baths 0 Unit3 Information Sqft 707 Water Heater ElectricNatural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 7.01 Analysis Exp Percent Of Gross 8.68 Analysis Exp Sqft 1.90 Analysis Gross Rent Multi 13.02 Analysis Vacancy Rate Percent 0.00 Assessments 966.00 Assoc Amenities None Association And Fees Hoa No Attached Detached Attached Community None Contingent Active Contingent 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 Proforma Expenses Gas Electric 0.00 Expenses Insurance 1007.00 Expenses Maintenance Supplies 2194.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 966.00 Expenses Water Sewer 0.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 48000.00 Income Gross Scheduled Rent 48000.00 Income Net Opp Income 43833.00 Income Other Income 0.00 Income Total Expenses 4167.00 Income Vacancy Loss 0.00 Lot Dimensions 97 X 113 X 86 X 106 Lot Features East/West Exposure Lot Size Source Assessor Lot Sqft 7405.00 Municipal Flood Zone No Municipality Zoning Tucson - Hc3 Neighborhood Features None Property Disclosures Lead Based PaintNone Road Maintenance City Section 13 Security None Sewer Connected Special Conditions None Style Southwestern Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2021 Taxes 966.00 Taxes For Dwelling & Land Terms CashConventional Total Parking 3 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1350 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1350 Unit2 Information Stories Single Unit3 Information Monthly Rent 1300 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 courtesy of Aag Realty. Listing information © 2021 MLS of Southern Arizona.


Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-10-23T13:06:47.527.
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 Aag Realty.