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

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