1203 N 1st, Tucson, AZ 85719

$750,000
3,530
SqFt
List Price
$750,000
Status
ACTIVE
MLS#
22126994
Living Sq.Ft
3,530
Lot Size Sq.Ft
5,227
Type
Multifamily
Area
Central
Subdivision
Feldmans Add

Property Description

Owner will Carry! Do Not Disturb the Tenants..Historic & RARE 5 Unit Apartment in Feldman Neighborhood...3 Blocks from the UA!! Oozing with charm and character, the units rent out very quickly year around. New leases totaling $5120 gross income per month--$61,440 a year. 2020 Expenses were $9722 total.One Large Two Bed on the Main Level, One Large Two Bedroom on the 2nd Floor, a Large One Bedroom in a Separate Building, and Two One Bedrooms in the Basement. One of the basement units is pretty spacious. New 100 Gallon Hot Water Heater as of 9/8/21. This is a great property and has been in the same family since the 1980's.

Additional Information

Gross Scheduled Rent
$59340
Other Income
$2100
Adjusted Gross
$61440
Total Expenses
13688
Lot Size
5,227
School District
TUSD
Elementary School
Blenman
Middle School
Doolen
High School
Catalina
Extra Room
Bonus Room
Dining Room
Area
Breakfast Room
Area
Laundry
Outside
Style
Bungalow, Modern
Roof
Built-Up - Reflect, Shingle
Fence
Chain Link
Floor Covering
Ceramic Tile, Mexican Tile, Wood
Front Landscaping
Decorative Gravel, Desert Plantings, Low Care
Rear Landscaping
Low Care
View
Residential
Window Covering
Some
Gas
Natural
Office ID
20110419181507065542000000
Lot dimensions
97x56
Construction Status
Existing
Neighborhood
Feldmans Add
Directions
Head north on N Main Ave toward W 2nd St. Turn right onto W Speedway Blvd. Turn left onto N 1st Ave. Turn left at the 1st cross street onto E Helen St. The property will be on the right.
Zoning
Tucson - R1

Listing courtesy of Exp Realty 01.

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