Highly desirable duplex setup with 3bed/2ba+2bed/1ba. Landlord perks to optimize rental income include individual onsite laundry hookups, covered parking & individual storage sheds! New carpet and tons of replaced wear-and-tear capital improvements have already been done. Est cap rate of 6.38%. Must sell [3056, 3058] and [3060,3062] together as a group (see MLS#22211681/22211682). Ask about the 3rd parcel that has encumbered title (not ready for sale yet). Missing most appliances but otherwise could be move-in ready. Estate has no additional funds so property is in AS IS condition. Priced well below comps to account for remaining (optional) improvements you could make to maximize rental income potential. See attached proforma documents.

Construction Brick Driveway Paved Gravel Exterior Feature Shed Fence Wood Landscape Front None Landscape Rear Trees Pool None Road Type DirtGravel Roof Built-Up - Reflect Spa None Unit1 Information Parking Carport Unit2 Information Parking Carport View None

Bathroom Features None Breakfast None Dining Areas Eat-In Kitchen Dining Room None Extra Room None Floor Covering CarpetCeramic Tile Interior Features Smoke Detector Living Areas Living Room Main Cooling Central Air Main Heating Forced AirNatural Gas Technology Cable Tv Unit1 Information Furnished No Unit1 Information Number Half Baths 1 Unit1 Information Sqft 1085 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 995 Water Heater Natural Gas

Accessibility Option None Analysis Cap Rate Percent 6.38 Analysis Exp Percent Of Gross 24.16 Analysis Exp Sqft 3.28 Analysis Gross Rent Multi 11.88 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Attached Community None Contingent Active Contingent Country Usa Distressed Info None Dwelling Type 2 Plex Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Proforma Expenses Gas Electric 0.00 Expenses Insurance 800.00 Expenses Maintenance Supplies 0.00 Expenses Management 2820.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1894.00 Expenses Water Sewer 1300.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 28200.00 Income Gross Scheduled Rent 28200.00 Income Net Opp Income 21386.00 Income Other Income 0.00 Income Total Expenses 6814.00 Income Vacancy Loss 0.00 Lot Dimensions Irregular Lot Features North/South Exposure Lot Size Source Assessor Lot Sqft 5900.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures Lead Based Paint Road Maintenance Owner Maintenance Section 31 Security None Sewer Connected Special Conditions Court Approval Required Style Ranch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs Yes Subdivision Restrict Deed Restrictions No Tax Year 2021 Taxes 1717.79 Taxes For Dwelling & Land Terms CashConventional Total Parking 4 Township 13 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1275 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1075 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-06-29T00:06:37.257.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Tucson Property Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.

3056 N Cherry Avenue

Description

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3056 N Cherry Avenue Tucson, AZ 85719

Property Description

Construction	Brick
Driveway Paved	Gravel
Exterior Feature	Shed
Fence	Wood
Landscape Front	None
Landscape Rear	Trees
Pool	None
Road Type	Dirt Gravel
Roof	Built-Up - Reflect
Spa	None
Unit1 Information Parking	Carport
Unit2 Information Parking	Carport
View	None

Bathroom Features	None
Breakfast	None
Dining Areas	Eat-In Kitchen
Dining Room	None
Extra Room	None
Floor Covering	Carpet Ceramic Tile
Interior Features	Smoke Detector
Living Areas	Living Room
Main Cooling	Central Air
Main Heating	Forced Air Natural Gas
Technology	Cable Tv
Unit1 Information Furnished	No
Unit1 Information Number Half Baths	1
Unit1 Information Sqft	1085
Unit2 Information Furnished	No
Unit2 Information Number Half Baths	0
Unit2 Information Sqft	995
Water Heater	Natural Gas

Accessibility Option	None
Analysis Cap Rate Percent	6.38
Analysis Exp Percent Of Gross	24.16
Analysis Exp Sqft	3.28
Analysis Gross Rent Multi	11.88
Analysis Vacancy Rate Percent	0.00
Assessments	0.00
Association And Fees Hoa	No
Attached Detached	Attached
Community	None
Contingent	Active Contingent
Country	Usa
Distressed Info	None
Dwelling Type	2 Plex
Electric Electric Company	Tep
Expenses Admin Expenses	0.00
Expenses Capital Expenses	0.00
Expenses Contract Services	0.00
Expenses Figures Presented	Proforma
Expenses Gas Electric	0.00
Expenses Insurance	800.00
Expenses Maintenance Supplies	0.00
Expenses Management	2820.00
Expenses Other Expenses	0.00
Expenses Resident Manager	0.00
Expenses Taxes Assessments	1894.00
Expenses Water Sewer	1300.00
Fema Flood Zone	No
Fire Protection	Included in Taxes
Gas	Natural
Horse Facilities	No
Horse Property	No
Income Adjusted Gross	28200.00
Income Gross Scheduled Rent	28200.00
Income Net Opp Income	21386.00
Income Other Income	0.00
Income Total Expenses	6814.00
Income Vacancy Loss	0.00
Lot Dimensions	Irregular
Lot Features	North/South Exposure
Lot Size Source	Assessor
Lot Sqft	5900.00
Municipal Flood Zone	No
Municipality Zoning	Tucson - R2
Neighborhood Features	None
Property Disclosures	Lead Based Paint
Road Maintenance	Owner Maintenance
Section	31
Security	None
Sewer	Connected
Special Conditions	Court Approval Required
Style	Ranch
Subdivision Restrict Age Restrictions	No
Subdivision Restrict Cc Andrs	Yes
Subdivision Restrict Deed Restrictions	No
Tax Year	2021
Taxes	1717.79
Taxes For	Dwelling & Land
Terms	Cash Conventional
Total Parking	4
Township	13
Unit1 Information Floor	1st
Unit1 Information Monthly Rent	1275
Unit1 Information Stories	Single
Unit2 Information Floor	1st
Unit2 Information Monthly Rent	1075
Unit2 Information Stories	Single
Utilities Paid Cable Tv	Tenant
Utilities Paid Electric	Tenant
Utilities Paid Gas	Tenant
Utilities Paid Insurance	Owner
Utilities Paid Sewer	Owner
Utilities Paid Taxes	Owner
Utilities Paid Trash	Owner
Utilities Paid Water	Owner
Water	City Water