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$325,000
280 S Highland Avenue
Tucson, AZ 85719
MLS# 21800732
Status: Active Contingent
2160 sqft


282 UNIT WITH STEEL FENCE
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282 UNIT WITH STEEL FENCE 280 S Highland Avenue, Tucson, AZ 85719 282 UNIT KITCHEN AND DINING AREA VIEW AND PATIO ACCESS LIVING ROOM- SAME IN ALL UNITS 280 S Highland Avenue, Tucson, AZ 85719 UNIT 280 KITCHEN AND PATIO ACCESS 280 S Highland Avenue, Tucson, AZ 85719 BATHROOM VIEW- SAME IN ALL THE UNITS PATIO- SAME IN ALL THE UNITS 282 UNIT SAME PLAN DIFFERENT DECORATOR COLORS AND CABINETS 282 UNIT- TILED COUNTERS 282 LIVING HALLWAY STORAGE- SAME IN ALL UNITS 282 PATIO 284 LIVING AND KITCHEN INTO BEDROOMS AND BATH, 284 UNIT KITCHEN AND DINING STORAGE CLOSET BETWEEN BATH AND KITCHEN 284 KITCHEN 284 BATHROOM 284 BEDROOM 284 PATIO 284 UNIT AND LANDSCAPING DESERT LANDSCAPING CORNER VIEW LOOKING NORTH TO U OF A STADIUM ARROYO CHICO BIKE PATH TO DOWNTOWN IS A FEW BLOCKS SOUTH

Property Description
OWNER/AGENT: SOLID UNIVERSITY OF ARIZONA AREA TRIPLEX WITH ZERO VACANCY. ALL 2/1 UNITS, 720 SF EACH FEATURING REMODELED KITCHENS, TILE FLOORS, CEILING FANS, FULL BATH IN EACH UNIT, PRIVATE BRICK PAVER PATIOS WITH WASHER/DRYER HOOK-UPS UNDER ROOF. RUSTED STEEL FENCING AROUND EACH PATIO, NEWER ROOF- RECENTLY COATED, ALL UNITS AIR-CONDITIONED AND ALL ELECTRIC (NO GAS ON PROPERTY) OUTSIDE STORAGE FOR EACH UNIT, LARGE DRIVEWAY FOR 2 CARS PER UNIT. WATER/SEWER/TRASH PD BY LANDLORD. LANDSCAPING MATURE AND ON AUTO DRIP. LOCATION IS PRIME, CAN WALK/BIKE TO CAMPUS. UNITS RARELY VACANT. OWNER/AGENT TO PARTICIPATE IN 1031 TAX EXCHANGE. PLEASE DO NOT DISTURB TENANTS

Details
Maps
Documents
Address Information
Street #: 280
Direction: S
Street Name: Highland
Suffix: Avenue
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 124-12-1140
Tax Year: 2017
Taxes: 2192.7
Taxes For: Dwelling & Land
Legal Description: University Heights Lot 24 Blk 51
Area: Central
Subdivision: University Heights
Township: 14
Range: 14
Section: 18
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
Municipal Flood Zone: No
Community: None
Contract Information
Current Price: $325,000
List Price: $325,000
Listing Date: 2018-01-08
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Status: Active Contingent
General Property Information
Property Sub-Type: 3 Plex
Construction Status: Existing
Lot Dimensions: 76X126.36
Lot Acres: 0.22
Lot Sqft: 9583
Lot Size Source: Assessor
Combined SqFt: 2160
Year Built: 1985
Total Parking: 6
School District: TUSD
Elementary School: Sam Hughes
Middle School: Mansfeld
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 150.46
Lot Size Price/SqFt: 33.91
Remarks & Misc
Geo Lat: 32.219765
Geo Lon: -110.951194
Unit 1 Information
Monthly Rent: 735
# Beds: 2
# Full Baths: 1
SqFt: 720
Occupancy: Yes
Floor: 1st
Parking: On Property
Analysis
Cap Rate %: 4.53
Gross Rent Multi: 12.4
Exp/SqFt: 5.32
Exp % of Gross: 43.85
Income
Gross Scheduled Rent: 26220
Adjusted Gross: 26220
Total Expenses: 11498.7
Net Opp Income: 14721.3
Expenses
Capital Expenses: 3042
Insurance: 695
Maintenance Supplies: 2167
Taxes/Assessments: 2192.7
Water/Sewer: 2420
Other Expenses: 982
Figures Presented: Actual
Kitchen Features
Appliance Color: Almond
Countertops: TILE
Laundry
Other: ON COV'D PATIO
Electric
Electric Company: TUCSON ELECTRIC
Security
Other: BARS ON 284 UNIT
Utilities Paid
Gas: Owner
Trash: Owner
Fence
Other: RUSTED STEEL
RV Parking
Other: MAYBE TEMPORARY
Submit With Offer
Seller Title Company: FIDELITY NATIONAL
Home Protection
Offere: No
Property Features
Construction: Frame - Stucco
Roof: Built-Up; Tile
Dining Room: Area
Breakfast: Bar
Kitchen Features: Breakfast Bar; Double Sink; Electric Range; Lazy Susan
Laundry: Outside
Extra Room: Storage
Interior Features: Ceiling Fan(s); Smoke Detector
Floor Covering: Ceramic Tile
Window Covering: Some
Technology: High Speed Internet; Telephone
Main Cooling: AC Central; Ceiling Fans
Main Heating: Forced Air - Elec; Heat Pump
Gas: None
Sewer: Connected
Water: None
Security: Bars; Security Lights
Pool: None
Spa: None
Landscape - Front: Decorative Gravel; Desert Plantings; Low Care; Shrubs
Landscape - Rear: None
View: Residential; Sunrise; Mountain
Driveway: Circular
Lot Features: Corner Lot
Terms: Cash; Conventional; Exchange; Trade
Submit With Offer: Income Property Addendum; Loan Pre-Qualifiaction
Property Disclosures: Seller Prop Disclosure; Clue Report

Listing Office: Tierra Antigua Realty

Last Updated: January - 12 - 2018

Information deemed reliable but not guaranteed.

Thursday 18th of January 2018 05:44 PM