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4012 E Fairmount Street

Tucson, AZ 85712
  • $500,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 6449053
UPDATED: 39 min ago
$500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1971
County:
Area:

School Ratings & Info

School District:

Description

One unit going vacant, perfect for an owner occupant. Seller will pay for two discount points for the buyers loan. Beautifully updated midtown duplex. Both units leased 12 month term, $1625 & $1825, 5.2% cap (actual income & expenses). These are beautiful luxury apartments with all the amenities and location quality tenants are seeking. Large 2/2 floor plans, central AC/gas heat, in unit W&D, covered parking and fenced private yards. Just completed remodel with all new kitchens & baths, stainless appliances, hard surface countertops, electrical and plumbing fixtures, interior and exterior paint and durable plank vinyl flooring. One new AC unit installed in 2021, one rebuilt in 2020. Both water heaters are two years old. The roof was re-coated this year with a premium 10 year product.

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Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Garcia Group | eXp Realty. Data last updated 2022-10-01T07:27:38.807.
www.beckygarcia.com/homes/132099461
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4012 E Fairmount Street Tucson, AZ 85712

  • Price: $500,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 39 min ago
  • MLS #: 6449053
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1971
Built
Neighborhood:
Speedway 1
County:
Pima
Area:
Tucson
School District:
000 - Out of Area
Property Description
One unit going vacant, perfect for an owner occupant. Seller will pay for two discount points for the buyers loan. Beautifully updated midtown duplex. Both units leased 12 month term, $1625 & $1825, 5.2% cap (actual income & expenses). These are beautiful luxury apartments with all the amenities and location quality tenants are seeking. Large 2/2 floor plans, central AC/gas heat, in unit W&D, covered parking and fenced private yards. Just completed remodel with all new kitchens & baths, stainless appliances, hard surface countertops, electrical and plumbing fixtures, interior and exterior paint and durable plank vinyl flooring. One new AC unit installed in 2021, one rebuilt in 2020. Both water heaters are two years old. The roof was re-coated this year with a premium 10 year product.
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 4.00 Exterior Amenities Cable Tv AvailableDesert LandscapingFencedPatio/Balcony Lot Size Dimensions 62' X 100' Parking >1 Space Per UnitCarport Roads Asphalt Roofing Built-Up

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 990 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeDishwasherMicrowaveRefrigeratorWasher/Dryer Cooling Ceiling Fan(S)Central A/C Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Vinyl Heating Natural Gas Interior Amenities Breakfast BarFire/Smoke Alarm(S)Unfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1725.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 39330.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1200.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 600.00 Annual Maint Exp 2000.00 Annual Mgmt Exp 3146.00 Annual Other Expense 400.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 2000.00 Community Amenities Other Cross Street Speedway & Alvernon Rds Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 41400.00 Hoa YN No Net Operating Income 27936.00 New Financing Conventional Operating Exp 11394.00 Other Income 0.00 Owner Pays Other Project Type Duplex Sale Includes Land & Building Sewer Sewer-In & Connected Source Of Financial Data Provided By Owner Tax Municipality Tucson Taxes 2048.00 Tenant Pays Other (See Remarks) Vacancy Allowance 0.05 Water City Franchise Zoning R2

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Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Garcia Group | eXp Realty. Data last updated 2022-10-01T07:27:38.807.
 
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The Garcia Group | eXp Realty
16165 N 83 Ave # 200
Peoria AZ, 85382