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    1601 N Louis Lane

    Tucson, AZ 85712
    • $490,000
    • STATUS: Active
    • ID#: 22018200
    $490,000
    • 0
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,000
      SQFT
    • $123
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1953
    County:
    Area:

    School Ratings & Info

    Courtesy of Realty Executives Arizona Territory.

    Description

    Great 5-unit well maintained investment property. Four 2bed/1bath with central AC and a charming detached house 1bed/1bath with evap cooling. Each unit has its own fenced backyard. Additional income from Community Laundry includes 2 coin operated washer and dryers. Separately metered for gas & electric. 7 parking spaces on premises. Wonderful courtyard oasis with shade trees. Quiet neighborhood while centrally located close to shopping, bus lines and much more. Excellent opportunity for investors to add value with increased rents. Shown with an accepted offer.

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    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-11-27T00:07:19.75.
    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 are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.tucsonrealestategroup.com/homes/108225874
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    1601 N Louis Lane Tucson, AZ 85712

    • Price: $490,000
    • Status: Active
    • ID#: 22018200
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    4,000
    SQFT
    $123
    $/SQFT
    1953
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    Great 5-unit well maintained investment property. Four 2bed/1bath with central AC and a charming detached house 1bed/1bath with evap cooling. Each unit has its own fenced backyard. Additional income from Community Laundry includes 2 coin operated washer and dryers. Separately metered for gas & electric. 7 parking spaces on premises. Wonderful courtyard oasis with shade trees. Quiet neighborhood while centrally located close to shopping, bus lines and much more. Excellent opportunity for investors to add value with increased rents. Shown with an accepted offer.
    Exterior Features

    Construction Slump Block Fence BlockWood Landscape Front Decorative GravelNatural DesertShrubsTrees Landscape Rear None Parking Shared Road Type Paved Roof Built-Up - ReflectShingle

    Interior Features

    Main Cooling Ac CentralEvap Central Main Heating Forced Air - GasWall Water Heater Natural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 5.50 Analysis Exp Percent Of Gross 26.10 Analysis Gross Rent Multi 13.67 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Insurance 1942.00 Expenses Taxes Assessments 3752.00 Expenses Water Sewer 5400.00 Fema Flood Zone No Fenced Storage No Fire Protection Included in Taxes Freeway Highway Over 5.1 Miles Gas Natural Income Adjusted Gross 42064.00 Income Gross Scheduled Rent 40860.00 Income Other Income 1204.00 Income Vacancy Loss 0.00 Lot Dimensions 72X199x72x199 Lot Features Corner LotEast/West ExposureSubdivided Lots Lot Sqft 14375.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Tucson - R2 Property Disclosures Lead Based PaintSeller Prop Disclosure Property Features SkylightSmoke Detector Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2019 Taxes 3751.55 Terms CashConventional Total Parking 7 Traffic Count Not Available Water City

    Listing provided courtesy of Realty Executives Arizona Territory. Listing information © 2020 MLS of Southern Arizona.


    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-11-27T00:07:19.75.
    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 are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
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    Logo
    Tucson Real Estate Group
    4051 E. Sunrise Drive, Suite 101
    Tucson AZ, 85718
    Courtesy of Realty Executives Arizona Territory.