6 Bedroom Tucson Rental Home For Sale

6 Bedroom Tucson Rental Home For Sale
$625,000
Listing ID: 115-04-5370
Bedrooms: n/d
Bathrooms: 4
MLS #: 22030653
Zoning: HR-1
Home sf: 2772 sq ft
School District: Tucson Unified School District
Lot Size: .21 acre(s)
Built in: 2005
December 10, 2020

Description

6 Bedroom Rental income property located practically on the University of Arizona campus!

Tucson Rental Home For Sale

Incredible University of Arizona  Tucson rental property located practically on campus! All 6 bedrooms are currently fully leased through  July 2021 – 5 of the 6 rooms expected to be leased thru July 2022. The rooms are rented out for $770/mo and have been 100% leased for past 3 yrs – over $43k net income. On Euclid just South of Speedway directly across from the ”Hub Apartment Buildings. This H-R1 zoned property consists of 2 structures – the front 2005 home has 4 bedrooms and 3 baths with front/rear porches, living areas & baths are tiled. There is an uncovered patio area is shared between the 2 structures. The guest house – built in 1925 has been fully remodeled – has 2 bedrooms, 1 bath & full kitchen w/concrete floors. There is generous private on-site parking in the front & rear (accessed off alley & gated).

100% LEASE IN PLACE THROUGH JULY 2021

  • $43,460 Net Income in 2020
  • 6.95 CAP Rate
  • 100% Leased thru July 2021 (all 6 bedrooms)
  • $770 monthly rent per room
  • Expected leased out thru July 2022
  • New owner to honor the existing leases
  • Current lease & income statement available on MLS “Documents” section

1025 N. Euclid Avenue – Tucson AZ 85719

  • $625,000
  • MLS #22030653
  • 6 Bedrooms/4 Baths
  • Total Square Footage – 2,772 sf
  • Main House 2,086 sf + Guest House 686 sf
  • 6 Bedrooms/4 Baths – (4 bdrm/3 ba Main House & 2 bdrms/1 ba in Guest House)
  • Main house built in 2005 – tiled in living areas
  • .21 acres
  • Tax ID #115-04-5370
  • 1925 Historical Guest House – Fully Remodeled, Contemporary Kitchen, Concrete Floors Throughout, New Roof in 2019
  • Zoned H-R1
  • Ample Easy Private Parking – Front and Gated Rear Areas
  • High Ceilings
  • Walk Across the Street to the University of ArizonaScreen Shot 2020-12-09 at 10.34.42 PM

    FLOOR PLAN

  • Screen Shot 2020-12-09 at 10.42.47 AM
  • Copyright – Precision Floor Plan 2020 – Square footage deemed reliable but not guaranteed

Map

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