$550,000
1421 N Louis Ave, Tucson, AZ 85712
0 Beds
0 Baths
3,802 sqft

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Midtown Tri-plex with recent remodel work on all 3 units sitting on .50 acres of R-2 Zoned Land. Front Duplex has a 1600 SQ FT 3 Bed 2 Bath with partial basement and 1079 SQ FT 2 Bed 2 Bath. Stand Alone 1123 SQ FT SFR in back is a remodeled 2 Bed 2 Bath. Full description on each property in additional documents. Room to raise rents on all 3 units. 5.34% Cap Rate with current under-market rents, proforma rents could push the Cap Rate above 6.0%
  • Price:
  • $550,000
  • Square Footage:
  • 3,802
  • Acreage:
  • 0.50
  • Year Built:
  • 1979
  • Listing ID #:
  • 22114710
  • Street Address:
  • 1421 N Louis Ave
  • City:
  • Tucson
  • State:
  • Arizona
  • Postal Code:
  • 85712
  • County:
  • Pima
  • Community:
  • Central
  • Subdivision:
  • Unsubdivided
  • Listing Status:
  • Active Contingent
  • Listing Type:
  • ResidentialMultiFamily
1
out of 5

John E Wright Elementary School
Public
School Grade Level PRESCHOOL-5
School Students 530 students
School Teachers 15 student/
teacher
1
out of 5

Doolen Middle School
Public
School Grade Level 6-8
School Students 750 students
School Teachers 17 student/
teacher
1
out of 5

Catalina High School
Public
School Grade Level 9-12
School Students 754 students
School Teachers 16 student/
teacher
  • Construction Description:
  • Masonry Stucco
  • Construction Status:
  • Existing
  • Dwelling Type:
  • 3 Plex
  • Exterior Features:
  • Storage Shed
  • Interior Features:
  • Ceiling Fan(s), Dual Pane Windows, Smoke Detector, Storage, Walk In Closets
  • Style:
  • Ranch
  • Total Building Square Footage:
  • 3802
  • Type Of Roof:
  • Shingle
  • Unit 1 Monthly Rent:
  • 1100
  • Unit 2 Monthly Rent:
  • 1200
  • Unit 3 Monthly Rent:
  • 850
  • Unit1 Bedrooms:
  • 2
  • Unit1 Full Bathrooms:
  • 2
  • Unit1 Square Footage Range:
  • 1079
  • Unit2 Bedrooms:
  • 3
  • Unit2 Full Bathrooms:
  • 2
  • Unit2 Square Footage Range:
  • 1600
  • Unit3 Bedrooms:
  • 2
  • Unit3 Full Bathrooms:
  • 2
  • Unit3 Square Footage Range:
  • 1123
  • Year Built:
  • 1979
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Tucson - R2
  • Lot Features:
  • East/West Exposure
  • Lot Square Footage:
  • 21780.00
  • Road Type:
  • Gravel
  • Section:
  • 3
  • Contingency Type:
  • Active Contingent
  • Terms:
  • Cash, Conventional, Submit
  • Price Per Square Foot:
  • 144.66
  • Property Taxes:
  • $1,744
  • Tax Year:
  • 2020
  • Dining Areas:
  • Dining In Lr/Gr
  • Dining Room:
  • Area
  • Kitchen:
  • Dishwasher, Double Sink, Electric Range, Gas Range, Island, Refrigerator
  • Fence:
  • Wood
  • Parking Spaces:
  • 10
  • Rv Parking:
  • Space Available
  • Cooling System:
  • Ac Central, Ac Zoned, Ceiling Fans
  • Existing Water:
  • City Water
  • Gas:
  • Natural
  • Heating:
  • Forced Air - Gas, Zoned - Elec
  • Sewage Type:
  • Connected
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$

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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By By Design Realty
  • TUCSON

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