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110 N Melwood Avenue

Tucson, AZ 85745
  • $475,000
  • STATUS: Active
  • ID#: 22211357
$475,000
  • 3
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,582
    SQFT
  • $300
    $/SQFT
Type:
Multi-Family
Built:
1969
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of Coldwell Banker Realty.

Description

Opportunity knocks in historic Menlo Park! Looking for an income property? The owner has had success with Airbnb & furnished long-term. Want to offset your mortgage with an attached rental? Live on one side & rent out the other. Great location, only 3 blocks to the streetcar, Mercado San Agustin, & MSA Annex. Full view of ''A'' Mountain-enjoy the fireworks from the comforts of home. Close to Tumamoc Hill & access to The Loop is just two blocks away. Future potential with an R-2 lot & the city of Tucson's recent code for ADUs (Accessory Dwelling Units). Owner updates include a second HVAC/second laundry, fencing, landscaping, replaced electrical boxes, upgraded to 240-v. Close to I-10, downtown, university.

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Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-05-16T00:07:03.973.
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 Tucson Real Estate Group | Long Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.tucsonrealestategroup.com/homes/128358976
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110 N Melwood Avenue Tucson, AZ 85745

  • Price: $475,000
  • Status: Active
  • On Site: Days
  • ID#: 22211357
3
Beds
2
Baths
0
½ Baths
0.12
Acres
1,582
SQFT
$300
$/SQFT
1969
Built
Neighborhood:
Menlo Park, Menlo Park Annex & South Menlo Park Amended
County:
Pima
Area:
West
Elementary School:
Maxwell K-8
Middle School:
Maxwell K-8
High School:
Cholla
School District:
TUSD
Property Description
Opportunity knocks in historic Menlo Park! Looking for an income property? The owner has had success with Airbnb & furnished long-term. Want to offset your mortgage with an attached rental? Live on one side & rent out the other. Great location, only 3 blocks to the streetcar, Mercado San Agustin, & MSA Annex. Full view of ''A'' Mountain-enjoy the fireworks from the comforts of home. Close to Tumamoc Hill & access to The Loop is just two blocks away. Future potential with an R-2 lot & the city of Tucson's recent code for ADUs (Accessory Dwelling Units). Owner updates include a second HVAC/second laundry, fencing, landscaping, replaced electrical boxes, upgraded to 240-v. Close to I-10, downtown, university.
Exterior Features

Construction Masonry Stucco Exterior Feature Shed Landscape Front Decorative GravelDesert PlantingsLow Care Landscape Rear Decorative GravelDesert PlantingsLow Care Patio Deck Covered Pool None Road Type Paved Roof Built-Up - Reflect Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View Mountain(S)Sunset

Interior Features

Bathroom Features Dual Sinks/PrimaryJack & JillJetted TubShower & Tub/PrimaryShower Only/Hall Breakfast None Dining Areas Formal Dining Room Dining Room Formal Driveway Car(S) Pad Extra Room None Floor Covering CarpetCeramic Tile Interior Features Ceiling Fan(S)Dual Pane WindowsSkylightsSmoke DetectorVaulted Ceilings Interior Features Interior Steps No Kitchen Features Garbage DisposalRefrigerator Living Areas Family RoomOff Kitchen Main Cooling Central AirZoned Main Heating Natural GasZoned Technology Cable TvHigh Speed Internet Unit1 Information Furnished Partially Unit1 Information Number Half Baths 0 Unit1 Information Sqft 900 Unit2 Information Furnished Partially Unit2 Information Number Half Baths 0 Unit2 Information Sqft 682 Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 8.31 Analysis Exp Percent Of Gross 8.60 Analysis Exp Sqft 2.35 Analysis Gross Rent Multi 11.00 Analysis Vacancy Rate Percent 0.00 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 255.00 Expenses Insurance 1000.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 1000.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1384.00 Expenses Water Sewer 75.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 43200.00 Income Gross Scheduled Rent 43200.00 Income Net Opp Income 39486.00 Income Other Income 0.00 Income Total Expenses 3714.00 Income Vacancy Loss 0.00 Lot Dimensions 52 X 101 Lot Features Subdivided Lot Size Source Assessor Lot Sqft 5184.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features HistoricJogging/Bike PathSidewalks Property Disclosures Insurance Claims History ReportLead Based PaintSeller Prop Disclosure Road Maintenance City Section 11 Security None Sewer Connected Special Conditions None Style Contemporary Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions Yes Tax Year 2021 Taxes 1383.74 Taxes For Dwelling & Land Terms CashConventionalTrade Total Parking 2 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 2100 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1500 Unit2 Information Stories Single Utilities Paid Cable Tv Owner Utilities Paid Electric Owner Utilities Paid Gas Owner Utilities Paid Insurance Owner Utilities Paid Landscaping Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

Listing provided by Coldwell Banker Realty: (520) 577-7433. Listing information © 2022 MLS of Southern Arizona.


Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-05-16T00:07:03.973.
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 Tucson Real Estate Group | Long Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Tucson Real Estate Group | Long Realty
4051 E. Sunrise Drive, Suite 101
Tucson AZ, 85718
Courtesy of Coldwell Banker Realty.