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  • Overview

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Off market

Buy a multi-family propertyat 2528 N Fontana Avenue, Tucson, AZ 85705

$975,000

$0/mo

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Multifamily

469 Days on market

6507031 MLS ID

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About 2528 N Fontana Avenue multi-family property

8 unit apartment style homes! 4 free-standing colorful cottages and tri-plex (a mix of 1-2 bedrooms) along with a 1465 square foot single family home. All units have private yards and 7 have laundry hook ups. Previous owner advised that all units have been rented for 3 years. Current owner currently has 5 rented and 2 units have been run as short-term rentals for approximately 3 months and generated $6191 in income. Currently being advertised for long term rentals. Additional storage facility on site can be used for supplies for short term rental or rent out for extra income. Plenty of parking for all units, some with covered!
8 unit apartment style homes! 4 free-standing colorful cottages and tri-plex (a mix of 1-2 bedrooms) along with a 1465 square foot single family home. All units have private yards and 7 have laundry hook ups. Previous owner advised that all units have been rented for 3 years. Current owner currently has 5 rented and 2 units have been run as short-term rentals for approximately 3 months and generated $6191 in income. Currently being advertised for long term rentals. Additional storage facility on site can be used for supplies for short term rental or rent out for extra income. Plenty of parking for all units, some with covered!

Property details

Listing

Source: Arizona Regional MLS

Bedrooms

3 one bedroom units

One bedroom units: average rent: $825

4 two bedroom units

Two bedroom units: average rent: $1,100

Location

City/Town: Tucson

County: Pima

Subdivision: Coronado Heights

House

Built in 1957

7 buildings

Marketing name: Coronado Heights

8 units

Painted

Brick

5 - 12 Units

Exterior Features

Separate Storage

Floors

Vinyl

Wood

Roof

Comp Shingle

Rolled

Property

Property type: F

Zoning: R2

Expenses

Operating expense: $3,586

Income

Adjusted gross income: 89532.00

Net operating income: 7413.00

Lot

Size: IRREGULAR

Lot number: 00006

Amenities

No Pool

Appliances and Equipment

Dishwasher

F/S Oven/Range

Microwave

Refrigerator

Parking

8 parking spaces

6 uncovered parking spaces

2 covered parking spaces

<1 Space Per Unit

1 Space/Unit

Attached

Cooling

Central A/C

Evaporative Cooling

Window/Wall Unit

Heating

Electric

Other

Water

City Franchise

Utilities

Other (See Remarks)

SW Gas

Sewer - Public

Home Owner's Association

Homeowners' association: No

Taxes

Taxes: 3585.50

Year: 2021

Municipality: Tucson

Miscellaneous

Other

Cable TV

Electric

Gas

Sewer

Trash

Water

Monthly cost

Estimated monthly cost

$6,132/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$916,500

+$29,250

$945,750

Seller agent commission$29,250 (3%)*

$0 (0%)

Buyer agent commission$29,250 (3%)*

$29,250 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $29,250 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:31 p.m.

Data updated: Jan 13, 2023 at 5:02 p.m.

Courtesy of Realty Executives Arizona Territory
This content last updated on 01/13/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Listing Information © 2024 Arizona Regional Multiple Listing Service, Inc.

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