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Buy a multi-family propertyat 1934 N Madelyn Avenue, Tucson, AZ 85712

$495,000

$0/mo

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Multifamily

299 Days on market

6576568 MLS ID

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About 1934 N Madelyn Avenue multi-family property

Well maintained triplex with masonry construction. units are comprised of one 3/2 unit 1364 sqft and two 1/1 units 800 sqft each. large floor plans with covered carport parking, private fenced yards, front and rear entrances, central AC/gas heating, gas appliances and in unit washers & dryers. The 3/2 unit is occupied at $820 per month, lease expires October 2023. One of the 1/1 units is occupied at $730 and is month to month. The other 1/1 unit is vacant. Rents can be substantially increased without any improvements to the property. The 3/2 unit is ideal for an owner occupant. Additional information under the documents tab. Call the listing agent for the lock box code to view the vacant unit.
Well maintained triplex with masonry construction. units are comprised of one 3/2 unit 1364 sqft and two 1/1 units 800 sqft each. large floor plans with covered carport parking, private fenced yards, front and rear entrances, central AC/gas heating, gas appliances and in unit washers & dryers. The 3/2 unit is occupied at $820 per month, lease expires October 2023. One of the 1/1 units is occupied at $730 and is month to month. The other 1/1 unit is vacant. Rents can be substantially increased without any improvements to the property. The 3/2 unit is ideal for an owner occupant. Additional information under the documents tab. Call the listing agent for the lock box code to view the vacant unit.

Property details

Listing

Source: Arizona Regional MLS

Bedrooms

2 one bedroom units

One bedroom units: average rent: $900

1 three bedroom unit

Three bedroom units: average rent: $1,450

Location

City/Town: Tucson

County: Pima

Subdivision: Madelyn Park

Building

Built in 1975

1 building

Marketing name: Madelyn Park

3 units

Other (See Remarks)

Block

Tri-Plex

Interior Features

Unfurnished

Exterior Features

Patio/Balcony

Floors

Carpet

Vinyl

Roof

Built-Up

Property

Property type: F

Zoning: R2

Expenses

Operating expense: $9,505

Annual water/sewer expense: $2,400

Income

Adjusted gross income: 39576.00

Net operating income: 30125.00

Lot

Size: 53' x'193'

Lot number: 4

Amenities

No Pool

Appliances & Equipment

F/S Oven/Range

Refrigerator

Washer/Dryer

Parking

6 parking spaces

3 uncovered parking spaces

3 covered parking spaces

Carport

Cooling

Central A/C

Heating

Natural Gas

Water Features

City Franchise

Utilities

City Electric

City Gas

Sewer - Public

Home Owner's Association

Homeowners' association: No

Taxes

Taxes: 2405.00

Year: 2022

Municipality: Pima - COUNTY

Miscellaneous

Other

Other (See Remarks)

Monthly cost

Estimated monthly cost

$3,113/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$465,300

+$14,850

$480,150

Seller agent commission$14,850 (3%)*

$0 (0%)

Buyer agent commission$14,850 (3%)*

$14,850 (3%)*

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

Get $14,850 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: Aug 1, 2023 at 6:02 p.m.

Courtesy of Better Homes & Gardens Real Estate SJ Fowler
This content last updated on 08/01/2023. 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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