Great opportunity! Fully rented income property with room for cap rate growth. Check out this fantastic duplex in Tucson! 3 parking spaces and mature trees galore. Light & bright interior features an inviting living room, sizable bedrooms, and neutral palette & tile flooring throughout. Cook your favorite dishes in the fully equipped eat-in kitchen, including plenty of cabinets & counter space. You'll love the roomy main bedroom boasting a private ensuite for added comfort. The backyard has a wood fence and a covered patio, ideal for relaxing evenings. Don't wait! (Additional duplex available 509 N Cherokee Ave).

Construction Concrete BlockFrame - Stucco Construction Siding Yes Driveway Paved Gravel Exterior Feature None Fence Wood Landscape Front Decorative GravelTrees Landscape Rear Decorative GravelTrees Patio Deck CoveredPatio Pool None Road Type Paved Roof Shingle Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View None

Bathroom Features Shower & Tub/HallShower & Tub/Primary Breakfast Eat-In Dining Areas Eat-In Kitchen Dining Room Area Extra Room None Floor Covering Ceramic TileVinyl Interior Features Dual Pane Windows Interior Features Interior Steps No Kitchen Features DishwasherElectric RangeGarbage DisposalPrep Sink Kitchen Features Countertops Laminate Laundry Outside Living Areas Living Room Main Cooling Central Air Main Heating Forced Air Technology Cable TvHigh Speed InternetTelephone Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 1000 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 1000 Water Heater Electric

Accessibility Option None Analysis Cap Rate Percent -1.03 Analysis Exp Percent Of Gross 293.23 Analysis Exp Sqft 2.77 Analysis Gross Rent Multi 187.17 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Assoc Amenities None Association And Fees Hoa No Attached Detached Attached Community None 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 Actual Expenses Gas Electric 0.00 Expenses Insurance 0.00 Expenses Maintenance Supplies 2079.90 Expenses Management 1703.65 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 0.00 Expenses Water Sewer 1758.41 Fema Flood Zone Yes Fire Protection Included in Taxes Gas None Green Valley Rec No Horse Facilities No Horse Property No Income Adjusted Gross 1890.00 Income Gross Scheduled Rent 1890.00 Income Net Opp Income -3651.96 Income Other Income 0.00 Income Total Expenses 5541.96 Income Vacancy Loss 0.00 Lot Dimensions 57X151X41X150 Lot Features Borders Common AreaDividable LotEast/West Exposure Lot Size Source Assessor Lot Sqft 7318.00 Municipal Flood Zone Yes Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures Insurance Claims History ReportSeller Prop Disclosure Road Maintenance City Section 10 Security None Sewer Connected Special Conditions None Style Ranch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2021 Taxes 1289.52 Taxes For Dwelling & Land Terms CashConventional Total Parking 3 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 945 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 945 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Owner Utilities Paid Insurance Owner Utilities Paid Landscaping Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Tenant Water City Water

Listing information Copyright 2023 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2023-12-04T21:06:44.53.
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.

507 N Cherokee Avenue

Description

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Description

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507 N Cherokee Avenue Tucson, AZ 85745

Property Description

Construction	Concrete Block Frame - Stucco
Construction Siding	Yes
Driveway Paved	Gravel
Exterior Feature	None
Fence	Wood
Landscape Front	Decorative Gravel Trees
Landscape Rear	Decorative Gravel Trees
Patio Deck	Covered Patio
Pool	None
Road Type	Paved
Roof	Shingle
Spa	None
Unit1 Information Parking	On Property
Unit2 Information Parking	On Property
View	None

Bathroom Features	Shower & Tub/Hall Shower & Tub/Primary
Breakfast	Eat-In
Dining Areas	Eat-In Kitchen
Dining Room	Area
Extra Room	None
Floor Covering	Ceramic Tile Vinyl
Interior Features	Dual Pane Windows
Interior Features Interior Steps	No
Kitchen Features	Dishwasher Electric Range Garbage Disposal Prep Sink
Kitchen Features Countertops	Laminate
Laundry	Outside
Living Areas	Living Room
Main Cooling	Central Air
Main Heating	Forced Air
Technology	Cable Tv High Speed Internet Telephone
Unit1 Information Furnished	No
Unit1 Information Number Half Baths	0
Unit1 Information Sqft	1000
Unit2 Information Furnished	No
Unit2 Information Number Half Baths	0
Unit2 Information Sqft	1000
Water Heater	Electric

Accessibility Option	None
Analysis Cap Rate Percent	-1.03
Analysis Exp Percent Of Gross	293.23
Analysis Exp Sqft	2.77
Analysis Gross Rent Multi	187.17
Analysis Vacancy Rate Percent	0.00
Assessments	0.00
Assoc Amenities	None
Association And Fees Hoa	No
Attached Detached	Attached
Community	None
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	Actual
Expenses Gas Electric	0.00
Expenses Insurance	0.00
Expenses Maintenance Supplies	2079.90
Expenses Management	1703.65
Expenses Other Expenses	0.00
Expenses Resident Manager	0.00
Expenses Taxes Assessments	0.00
Expenses Water Sewer	1758.41
Fema Flood Zone	Yes
Fire Protection	Included in Taxes
Gas	None
Green Valley Rec	No
Horse Facilities	No
Horse Property	No
Income Adjusted Gross	1890.00
Income Gross Scheduled Rent	1890.00
Income Net Opp Income	-3651.96
Income Other Income	0.00
Income Total Expenses	5541.96
Income Vacancy Loss	0.00
Lot Dimensions	57X151X41X150
Lot Features	Borders Common Area Dividable Lot East/West Exposure
Lot Size Source	Assessor
Lot Sqft	7318.00
Municipal Flood Zone	Yes
Municipality Zoning	Tucson - R2
Neighborhood Features	None
Property Disclosures	Insurance Claims History Report Seller Prop Disclosure
Road Maintenance	City
Section	10
Security	None
Sewer	Connected
Special Conditions	None
Style	Ranch
Subdivision Restrict Age Restrictions	No
Subdivision Restrict Cc Andrs	No
Subdivision Restrict Deed Restrictions	No
Tax Year	2021
Taxes	1289.52
Taxes For	Dwelling & Land
Terms	Cash Conventional
Total Parking	3
Township	14
Unit1 Information Floor	1st
Unit1 Information Monthly Rent	945
Unit1 Information Stories	Single
Unit2 Information Floor	1st
Unit2 Information Monthly Rent	945
Unit2 Information Stories	Single
Utilities Paid Cable Tv	Tenant
Utilities Paid Electric	Tenant
Utilities Paid Gas	Owner
Utilities Paid Insurance	Owner
Utilities Paid Landscaping	Owner
Utilities Paid Sewer	Owner
Utilities Paid Taxes	Owner
Utilities Paid Trash	Owner
Utilities Paid Water	Tenant
Water	City Water