$430,000
1509 Riverview
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.
From speedway & 1-10. West on Speedway. Right on Riverview. Follow Riverview to address.
Map to 1509 Riverview, Tucson, AZ 85745
MLS #
22424797
Date Listed
2024-10-06
Status
Active
Property Type
Multi-Family/Apartments
Property SubType
3 Plex
Square Feet
2232 sqft
Annual Taxes
$1,885.00
Year Taxes Payable
2024
Year Built
1986
Days on Market
50
Zoning
Tucson - R2
External Features
Lot Size
10,019 sq ft
Acreage
0.23 Acres
Lot Dimensions
Unknown
Fence
None
Location
Area
West
County
Pima
Subdivision
El Rio Acres
City
Tucson
State
AZ
Zip
85745
Flood Zone
No
Schools
School District
TUSD
Elementary
Tully
Middle School
Mansfeld
High School
Tucson
Financial
Usage
3 Plex
Assoc. Dues
$0.00
| MLS # | 22424797 |
|---|---|
| Date Listed | 2024-10-06 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | 3 Plex |
| Square Feet | 2232 sqft |
| Annual Taxes | $1,885.00 |
| Year Taxes Payable | 2024 |
| Year Built | 1986 |
| Days on Market | 50 |
| Zoning | Tucson - R2 |
| Lot Size | 10,019 sq ft |
|---|---|
| Acreage | 0.23 Acres |
| Lot Dimensions | Unknown |
| Fence | None |
| Area | West |
|---|---|
| County | Pima |
| Subdivision | El Rio Acres |
| City | Tucson |
| State | AZ |
| Zip | 85745 |
| Flood Zone | No |
| School District | TUSD |
|---|---|
| Elementary | Tully |
| Middle School | Mansfeld |
| High School | Tucson |
| Usage | 3 Plex |
|---|---|
| Assoc. Dues | $0.00 |
MLS# 22424797
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 Tierra Antigua Realty are identified with the MLSSAZ IDX Logo.
All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.
Listing Provided Courtesy of Ryan Medeiros
Avenida Realty
Listing updated October 6, 2024 at 3:15 am
Last checked 17 minutes ago
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