Active
1509 N Riverview Boulevard
Tucson AZ, 85745
$430,000
$192.65 per sqft
Active
3 Baths
2,232 sqft
Multi-family
Built in 1986
Cashflow Triplex. 3 units. Each unit consists of 2 bedrooms and 1 bathroom. All 3 units have separate meters for water and electric so tenants pay ALL utilities including trash/sewer. Each unit has its own washer and dryer hookup closet on west side of the building, that is on the tenants water meter. The roof, back fencing and all 3 AC's were completely replaced in 2022 (65k+) This will ensure no major cap ex for years. 1509&1511 are rented out to long term tenants at $950. 1513 is recently vacant, last rented at $1,190. Average rent for a 2/1 in this area is $1,217 so there's a lot of room to grow. Even with rents at $1,000 this is a %7.3 cap at the local rent of $1,200 its over %9. Seller is licensed real estate professional in AZ.
22424797
MLSⓇ ID
October 5, 2024
Listed
October 8, 2024
Updated
Map
1509 N Riverview Boulevard
Tucson AZ, 85745
Interior Features
Total Bathrooms
3
Full Bathrooms
3
Interior Features
Eat-In, Eat-In Kitchen
Appliances
Electric Range, Refrigerator
Laundry Description
Laundry Closet, Outside, Storage
Floor Description
Ceramic Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.23 Acres
Exterior Features
None
Lot Features
East/West Exposure, Low Care
Architectual Style
Contemporary
Roof
Shingle
Sewer
Connected
School Information
School District
Mansfeld
High School
Tucson
Elementary School
Tully
Other Property Details
Area Name
West
Taxes
$1,885
Tax Frequency
Annually
Garage
No
Parking Total
5
View
Yes
View Description
Residential
County
Pima
Water Source
City Water
Pool
No
Pool Features
None
Zoning
Tucson - R2
Listed by Ryan Medeiros with Avenida Realty
Listing Contact:
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Data last updated on 10/8/2024 at 9:51 AM UTC