Own a cash flowing 7 unit building that is 100% occupied and newly renovated! Close to university, airport, and interstates, but a very walkable community. Over $10,500+ per year in cash flow with a 7.53% cap rate. Low maintenance solid block construction. 12 parking spaces. Priced at under $123,000/unit and well below comps. 4 - 2 bedroom units; 2 - 1 bedroom units; and 1 studio so a good tenant mix.
Calling all investors! Explore the appeal of this newly-built duplex. The first unit boasts a spacious open layout with 3 bedrooms, 2 bathrooms, and a generous 1079 square feet of living space. The second unit offers a cozy yet stylish arrangement with 2 bedrooms, 1 bathroom, and 803 square feet designed for comfort and efficiency. Located near expanding shopping centers, schools, parks, and freeway, these units will attract tenants quickly! Great Investment opportunity Or live in one and rent the other. Property is in finishing construction stage.
Calling all investors! Explore the appeal of this newly-built duplex. The first unit boasts a spacious open layout with 3 bedrooms, 2 bathrooms, and a generous 1079 square feet of living space. The second unit offers a cozy yet stylish arrangement with 2 bedrooms, 1 bathroom, and 803 square feet designed for comfort and efficiency. Located near expanding shopping centers, schools, parks, and freeway, these units will attract tenants quickly! Great Investment opportunity Or live in one and rent the other. Property is in finishing construction stage.
Owner managed fourplex in excellent condition with no deferred maintenance. Two 2/1 units and two 1/1 units. Both 2/1 units are on lease with both 1/1 units on month to month. All four AC units new, all appliances and water heaters new with the last few years. All electric with no gas. All four units are in well maintained condition with many recent upgrades, commercial grade vinyl flooring (no carpet). Roof is in excellent condition and just re-coated. There is a community laundry room that is currently not in use. Rents are under market and can be raised with any improvements to the property. Drive by only do not disturb the tenants.
This extraordinary duplex property is located in the sought after La Madera Park Subdivision just a few steps to the park. Meticulously maintained with no deferred maintenance. Owner occupied, a true pride of ownership property. Unique old world brick architecture with lush desert landscaping, private outdoor spaces and covered parking, The front 2/1 unit has been refurbished with a beautiful designer kitchen, polished concrete floors with beautiful finishes throughout. The rear 1/1 unit is an open floor plan with high vaulted ceilings, designer kitchen, unique and beautiful finishes and includes a loft. If you are looking for a beautiful and unique living space to occupy or luxury rentals as an investment this property has it all. The property will convey with both units vacant.
Historic duplex located one block to the U of A. Units are a 2/1 floor plan and a 1/1 floor plan with a detached two car garage located at the rear of the property. Each unit has beamed ceilings with a washer & dryer in the unit. Both units are currently occupied on month to month. Great opportunity to refurbish this property for substantial rent increases. Please submit your offer assuming the property will convey in as is condition.
New Price! Twin Palms Apartments is a 20 Unit Gated Community which underwent a Full Renovation in 2019. Upon Completion, it was Loaded with Upgrades Including: New Granite Countertops, Stainless Steel Appliances, Polished Concrete Floors, Light and Bright Baths with Subway Tile and Quality Finishes Throughout the Units. The property is Centrally Located with an Easy Commute to the U of A, Downtown and/or Central Tucson, NW Tucson, Tucson Mall, Entertainment, Amazing Restaurants, Shopping, Services and Transportation. The property is Double Walled, Gated, Well Lit and has Seller Owned Laundry Equipment in a building that not only includes the laundry but also offers Secure Individual Storage for the tenants. The Secure Storage could bring in additional Revenue for the New Owner!..(more) Tenants Pay for their Electricity and Gas. Water/sewer/trash and parking is included in the rent. Tucson boasts a Vibrant Market with a Deep Cultural Tapestry, reflecting Native American, Spanish, Mexican, and Anglo-American Traditions. Nationally Recognized, Tucson stands out as a Top City for export support in global trade, a Premier Southwest Destination for Millennials, a Leading Hub for Entrepreneurs, and Ranks Second Nationally as the Best City for Job Opportunities! Combining its Natural Splendor with an Innovative Spirit, Tucson offers a Unique Lifestyle that draws a Diverse Population and Thriving Commerce!
This unique, cash-flowing investment comprises of (3) detached 2 bed/2 bath units that were built in the 1990s. With each unit having no shared walls, AC units, updated roofs, in-suite laundry facilities, fireplaces, and private backyards, the tenants are able to live in a very quiet, private environment. All units are currently leased, enabling you to step into immediate income. Two units have updated flooring, cabinetry, and countertops. Each unit is separately metered for utilities. All facts and figures to be confirmed by the buyer and buyer's agent.
Mid Town Casitas is located in the heart of Miramonte steps to the 3rd St bike path comprised of six luxury apartments on two residential parcels. Three duplex buildings and a laundry/storage building surrounding a large courtyard with lush desert landscaping. The property has been completely remodeled to reflect old Tucson architecture with old world and modern interior finishes. All units are large 1/1 floor plans with lots of windows, front and rear entry/ext doors, plank & beam ceilings, AC/Gas heating, gas appliances, hard surface flooring, private outdoor spaces, off street parking and free laundry facilities. This property attracts quality tenants with low turn over. Can only be purchased with seller financing. See details in the offering memorandum attached under documents tab
.9 acre lot zoned R-2 with two well maintained house on the NW portion. The duplex can be split off for a value of 300K - 320K leaving .7 acres for residential development. Ideal for multifamily or town homes. Same owner managed property of twenty three years. The vacant portion of the lot has been used for the owners personal vehicle/RV storage. Both houses have been well maintained and include covered parking, in unit washer & dryer, private outdoor spaces and central AC/Heat. Front house is a 1/1 floor plan, 677 sqft, renting at $700 per month. Rear house is a 1/1 floor plan, 842 sqft, renting at $1025 per month. The rents are under market and can be raised without making any improvements to the buildings. Additional information under the documents tab.
Great investment opportunity. Due to the low rents now, new owner has opportunity to raise rent and have a great return on their investment. Four 2 bedroom, 1 bath units with central cooling, gas heat and refrigerator.
Tucson is located in Arizona. Tucson, Arizona has a population of 530,905. Tucson is less family-centric than the surrounding county with 25.52% of the households containing married families with children. The county average for households married with children is 26.24%.
The median household income in Tucson, Arizona is $39,617. The median household income for the surrounding county is $48,676 compared to the national median of $57,652. The median age of people living in Tucson is 33.4 years.
The average high temperature in July is 99.9 degrees, with an average low temperature in January of 39.3 degrees. The average rainfall is approximately 13.5 inches per year, with 0.3 inches of snow per year.