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    1917 N Madelyn Avenue

    Tucson, AZ 85712
    • $375,000
    • STATUS: Active
    • ID#: 22102927
    $375,000
    • 6
      BEDS
    • 0.21
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,448
      SQFT
    • $153
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1983
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of The Schulte Company.

    Description

    SUPER sharp 2 br, 1 ba tri-plex with all new Lenox Heat Pump HVAC units (SEPT. 2019-10 yr warranties), fireplaces, carports, private tenant storage and large private yards. Community laundry room. Great floorplans with ceramic tile throughout.Exterior painted in 2018. Rents are still substantially under market by probably over $300/mo.(total), even though Landlord recently raised them. EXPIRATIONS are staggered to allow a new owner to continue to raise in a market that has increased over 7% in the last 12 months. PLEASE DO NOT TALK TO TENANTS. RENTS ARE CURRENT. EXPENSES ARE ACTUAL 2020. Only gas is for laundry. 1917, 1919, & 1921 addresses included. Buyer to do own research for rental market.

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    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-03-02T00:06:39.79.
    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/113894185
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    1917 N Madelyn Avenue Tucson, AZ 85712

    • Price: $375,000
    • Status: Active
    • ID#: 22102927
    6
    Beds
    3
    Baths
    0
    ½ Baths
    0.21
    Acres
    2,448
    SQFT
    $153
    $/SQFT
    1983
    Built
    Neighborhood:
    Madelyn Park
    County:
    Pima
    Area:
    Central
    Elementary School:
    Wright
    Middle School:
    Doolen
    High School:
    Catalina
    School District:
    TUSD
    Property Description
    SUPER sharp 2 br, 1 ba tri-plex with all new Lenox Heat Pump HVAC units (SEPT. 2019-10 yr warranties), fireplaces, carports, private tenant storage and large private yards. Community laundry room. Great floorplans with ceramic tile throughout.Exterior painted in 2018. Rents are still substantially under market by probably over $300/mo.(total), even though Landlord recently raised them. EXPIRATIONS are staggered to allow a new owner to continue to raise in a market that has increased over 7% in the last 12 months. PLEASE DO NOT TALK TO TENANTS. RENTS ARE CURRENT. EXPENSES ARE ACTUAL 2020. Only gas is for laundry. 1917, 1919, & 1921 addresses included. Buyer to do own research for rental market.
    Exterior Features

    Construction Frame - Stucco Driveway Paved Gravel Exterior Feature Storage Shed Fence Shared FenceWood Landscape Front Decorative GravelFlower Beds Landscape Rear Decorative Gravel Patio Deck Patio Pool None Road Type Paved Roof Shingle Spa None Unit1 Information Parking Carport Unit2 Information Parking Carport Unit3 Information Parking Carport View Residential

    Interior Features

    Bathroom Features Shower & Tub/Hall Breakfast Eat-In Dining Areas Eat-In Kitchen Dining Room None Extra Room Storage Floor Covering Ceramic Tile Interior Features Smoke Detector Kitchen Features Electric RangeRefrigerator Living Areas Living RoomOff Kitchen Main Cooling Heat Pump Main Heating Heat Pump Technology Cable Tv Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 816 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 816 Unit3 Information Furnished No Unit3 Information Number Half Baths 0 Unit3 Information Sqft 816 Water Heater Electric

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 6.33 Analysis Exp Percent Of Gross 20.25 Analysis Exp Sqft 2.46 Analysis Gross Rent Multi 12.60 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 3 Plex Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Actual Expenses Gas Electric 569.34 Expenses Insurance 1363.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 505.94 Expenses Resident Manager 0.00 Expenses Taxes Assessments 2080.44 Expenses Water Sewer 1508.44 Fema Flood Zone Tbd Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 29760.00 Income Gross Scheduled Rent 29760.00 Income Net Opp Income 23732.84 Income Other Income 0.00 Income Total Expenses 6027.16 Income Vacancy Loss 0.00 Lot Dimensions 50 X 190 Lot Features East/West ExposureNorth/South Exposure Lot Size Source Assessor Lot Sqft 9315.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures LeasesMilitary Airport VctPublic Airport VctySeller Prop Disclosure Road Maintenance City Section 3 Security Security Lights Sewer Connected Special Conditions None Style Contemporary Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2020 Taxes 2079.46 Taxes For Dwelling & Land Terms Conventional Total Parking 6 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 877 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 795 Unit2 Information Stories Single Unit3 Information Monthly Rent 808 Unit3 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Owner 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 The Schulte Company. Listing information © 2021 MLS of Southern Arizona.


    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-03-02T00:06:39.79.
    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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    Tucson Real Estate Group
    4051 E. Sunrise Drive, Suite 101
    Tucson AZ, 85718
    Courtesy of The Schulte Company.