Outstanding investment at a 9%+ cap rate! Property consists of a 3 bedroom 2 bath home in the front (rented at $900/month), and a duplex in the back (675/month and $680/month) for a total of $2,255 per month in rent. Lots and lots of parking, and duplex units have large yards. Live in one unit and rent the rest out, or lease it as is, and collect the rents every month. Fully lease already! The owner also started the process of splitting the home from the duplex, in case the new owner wanted to sell the home off separately and keep the duplex, or vis versa. Makes for more creative financing as well and more desirable for future sale.
Multi-familyProperty Type
1963Year Built
0.35 acresLot Size
$164Est. Price/Sq.Ft.
10 spacesParking
Listed by Charles Loschiavo II• Keller Williams Southern Arizona
Bought with Adriana Leal• Keller Williams Southern Arizona
This property offers a great investment opportunity with a 3BR/2BA home and a separate duplex in the rear, each with 2BR/1BA. Steady cash flow, easy rentals.
MLSSAZ #21402528
Apr 11, 2014
Listing Removed
—
Feb 22, 2014
Price Changed
$185,000
$68/sq ft
Jan 23, 2014
Listed
$190,000
$70/sq ft
MLSSAZ #20930574
Apr 29, 2011
Sold
$99,900
$37/sq ft
Apr 7, 2011
Listing Removed
—
Oct 22, 2009
Listed
$99,900
$37/sq ft
MLSSAZ #20914606
Sep 22, 2009
Listing Removed
—
May 18, 2009
Listed
$249,000
$92/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
—
Stories
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Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Pima County
APN
106-03-0530
Parking Spaces
—
Basement
—
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 Sep 12, 2020.
R-3
Residence
This zone provides for high density, residential development and compatible uses. Civic, educational, recreation, religious uses, and select other uses, such as day care and urban agriculture, are also 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: 10
Interior
Interior Features
Appliances: Refrigerator
Flooring: Carpet, Ceramic Tile
Laundry Features: Laundry Room
Multi-Family Financial Information
# of Units Total: 3
Operating Expense: $4,730
Insurance Expense: $890
Gross Income: $27,060
Gross Scheduled Income: $27,060
Net Operating Income: $22,330
Exterior
Building Information
Building Area Total: 2,716
Construction Materials: Brick, Frame - Stucco
Exterior Features
Roof: Built-Up, Shingle
Property Information
Property Sub Type: Triplex
Accessibility Features: Level
Living Area: 2,716
Lot Information
Lot Size Square Feet: 14.76
Lot Size Dimensions: Irregular
Lot Features: Subdivided
Road Surface Type: Paved
Road Responsibility: City
Zoning: Tucson - R3
Financial
Tax Information
New Taxes Expense: $1,680
Tax Other Annual Assessment Amount: $1,680
Tax Year: 2017
Parcel Number: 106-03-0530
Utilities
Utility Information
Water Source: Public
Sewer: Sewer Connected
Water Sewer Expense: $1,560
Heating & Cooling
Has Heating
Heating: Forced Air, Natural Gas, Propane
Has Cooling
Cooling: Central Air, Evaporative Cooling
Location
School Information
Elementary School: Prince
Middle Or Junior School: Amphitheater
High School: Amphitheater
High School District: Amphitheater
Location Information
Directions: Ft Lowell/Stone N, E on Navajo to address
UnparsedAddress: 143 E Navajo Road, Tucson, AZ 85705
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Pima County
APN: 106-03-0530
Home facts updated by county records on Sep 12, 2020
Around this home
Schools
K - 12
Preschool & daycare
L M Prince School
Public PreK-5 • Assigned • 0.4mi
2/10
Amphitheater Middle School
Public 6-8 • Assigned • 0.4mi
3/10
Amphitheater High School
Public 9-12 • Assigned • 0.4mi
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 • 85705
Average low and high temperatures (°F)
67
40
77
48
83
52
85
57
92
64
103
74
103
78
104
80
97
74
89
62
77
49
75
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
$423,000 – $512,000
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