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    2304 N Forgeus Avenue

    Tucson, AZ 85716
    • $649,000
    • STATUS: Active Under Contract
    • ON SITE: 31 days
    • MLS #: 6186429
    Under Contract
    UPDATED: 44 min ago
    $649,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1976
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Seven unit apartment complex comprised of two buildings. Building one is four 1/1 units and one 2/1 (owner occupied) unit. Building two is a 1/1 house on the back of the lot with an attached studio/one bedroom unit with a carport. Large lot with a lot of parking and room for additional units. All units include private fenced rear yards with washer dryer hook ups on the patio. The house has central AC/Heat with the other units having a combo of AC wall units and evaporative cooling with electric heating. The property is currently owner occupied and is very well maintained. rents are substantially below market with all month to month tenants, rents can easily be raised. Do not disturb the tenants, call listing agent for a showing. rent roll and financials are attached under documents tab.

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    © 2021 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-02-28T07:12:42.99.
    www.yosthomes.com/homes/113680472
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    2304 N Forgeus Avenue Tucson, AZ 85716

    • Price: $649,000
    • Status: Active Under Contract
    • Updated: 44 min ago
    • MLS #: 6186429
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1976
    Built
    Neighborhood:
    New Deal Acres
    County:
    Pima
    Area:
    Tucson
    School District:
    000 - Out of Area
    Property Description
    Seven unit apartment complex comprised of two buildings. Building one is four 1/1 units and one 2/1 (owner occupied) unit. Building two is a 1/1 house on the back of the lot with an attached studio/one bedroom unit with a carport. Large lot with a lot of parking and room for additional units. All units include private fenced rear yards with washer dryer hook ups on the patio. The house has central AC/Heat with the other units having a combo of AC wall units and evaporative cooling with electric heating. The property is currently owner occupied and is very well maintained. rents are substantially below market with all month to month tenants, rents can easily be raised. Do not disturb the tenants, call listing agent for a showing. rent roll and financials are attached under documents tab.
    Exterior Features

    Construction BrickFrame - Wood Construction Finish Stucco Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingFencedLandscape Wtr SystemPatio/BalconySecurity Light(S) Lot Size Dimensions 80X298 Parking >1 Space Per UnitCarport Roads Asphalt Roofing Built-Up

    Interior Features

    1 Bedroom Unit Avg Sq Ft 585 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 700 2 Bedroom Units Baths 1 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 F/S Oven/RangeRefrigeratorW/D Hookup Cooling Central A/CEvaporativeWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Gas Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 550.00 1 Bedroom Units 6 2 Bedroom Unit Avg Rent 875.00 2 Bedroom Units 1 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 58995.00 Annual Elec Exp 1200.00 Annual Ins Exp 2066.00 Annual Maint Exp 2850.00 Annual Mgmt Exp 4130.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 4408.00 Community Amenities No Pool Cross Street Tucson Blvd & Grant Rd Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric City Electric Gas City Gas Gross Annual Sch Inc 62100.00 Hoa YN No Net Operating Income 41000.00 New Financing Other (See Remarks) Operating Exp 18000.00 Other Income 0.00 Owner Pays SewerWater Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Tucson Taxes 3346.00 Tenant Pays Electric UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.05 Water City Franchise Zoning R2

    Listing courtesy of S.J. Fowler Real Estate, Inc..


    © 2021 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-02-28T07:12:42.99.
     
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    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122