Completely remodeled and well maintained fully leased 4-plex located in central Tucson. The property is located 2 miles north of the University of Arizona on the Mountain Bike Path and 10 minutes from Downtown Tucson. All units are 950 SqFt, 2 bed 1 bath, with large backyards and onsite laundry. All units have newer HVAC, replaced within the last three years. This is a performing 6.5% Cap with room to increase!
Multi-familyProperty Type
1979Year Built
0.34 acresLot Size
$156Est. Price/Sq.Ft.
4 spacesParking
Listed by Benjamin Riehle• Keller Williams Southern Arizona
Bought with Eddie Watters• Realty Executives Arizona Territory
This is a pair of duplexes on a single parcel that are nearly 950 square feet each. Right off of the mountain bike path to campus. Evaporative cooling and electric heating. Laundry room with coin operating equipment. Owners storage along with another storage room. Plenty of tenant parking in front and alley access. Excellent rental history. Please drive by, viewing upon contract. Coin-op washer/dryer convey.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Pima County
APN
113-08-165A
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jun 9, 2023.
R-2
Residence
This zone provides for medium density, single-family and multifamily, residential development, together with schools, parks, and other public services necessary for an urban residential environment. Select other uses, such as day care and urban agriculture, are permitted that provide reasonable compatibility with adjoining residential uses.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Office
Fire house
Police station
Agriculture-Cropland
Cemetery
Park & open space
Property details
Parking
Parking Information
Parking Total: 4
Interior
Interior Features
Appliances: Dishwasher, Disposal, Refrigerator
Flooring: Ceramic Tile, Vinyl
Laundry Features: Facility
Multi-Family Financial Information
# of Units Total: 4
Operating Expense: $17,295.86
Insurance Expense: $5,750
Other Expense: $3,850
Professional Management Expense: $4,400
Gross Income: $55,090
Gross Scheduled Income: $54,000
Net Operating Income: $37,794.14
Exterior
Building Information
Building Area Total: 3,868
Construction Materials: Frame
Exterior Features
Fencing: Block, Chain Link
Roof: Shingle
Property Information
Property Sub Type: Quadruplex
Living Area: 3,868
Lot Information
Lot Size Square Feet: 39.3
Lot Size Dimensions: 95x154
Lot Features: Decorative Gravel, Subdivided
Road Surface Type: Paved
Road Responsibility: City
Zoning: Tucson - R2
Financial
Tax Information
New Taxes Expense: $3,295.86
Tax Year: 2021
Parcel Number: 113-08-165A
Utilities
Utility Information
Water Source: Public
Sewer: Sewer Connected
Utilities: Phone Connected
Heating & Cooling
Has Heating
Heating: Forced Air
Has Cooling
Cooling: Central Air
Location
School Information
Elementary School: Keeling
Middle Or Junior School: Amphitheater
High School: Amphitheater
High School District: Amphitheater
Location Information
Directions: Mountain Ave/Fort Lowell Rd, W on Fort Lowell to address on left.
UnparsedAddress: 1108 E Fort Lowell Road, Tucson, AZ 85719
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Pima County
APN: 113-08-165A
Home facts updated by county records on Jun 9, 2023
Around this home
Schools
K - 12
Preschool & daycare
Frances Owen Holaway Elementary School
Public PreK-5 • Assigned • 0.6mi
6/10
Amphitheater Middle School
Public 6-8 • Assigned • 0.9mi
3/10
Amphitheater High School
Public 9-12 • Assigned • 1.2mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 106° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Tucson, AZ • 85719
Average low and high temperatures (°F)
66
41
77
47
83
53
85
57
92
64
103
74
102
77
103
79
96
73
88
61
76
49
74
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.1 hours in
June and 7.7 hours in December, placing it above the
U.S. average for solar exposure.
13.1 hrs
7.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$572,000 – $693,000
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