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4042 S 2nd Ave Includes:

  • Frame Stucco Construction
  • Water Metered Seperately
  • Laundry Hookup
  • Covered Parking
  • Central Evaportive Cooling
  • Sewer Connected
  • City Water
  • Actual Figures Presented
  • Forced Air Gas Heating
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$1,050$998$945$840$735$630
6%$1,109$1,054$998$887$776$666
6.5%$1,169$1,111$1,052$935$819$702
7%$1,231$1,169$1,108$985$862$738
7.5%$1,294$1,229$1,164$1,035$905$776
8%$1,357$1,290$1,222$1,086$950$814

Remarks: Great investment property in a excellant neighborhood . Apartments are always rented. Close to schools, shopping, hospital, and the interstate. Room to add 2 more units and increase cash flow. Apartments have been well maintained by owners.

Directions: 6th Avenue and Ajo ,Go South on 6th Ave, East on Palmdale to 2nd Avenue. Duplex is on the corner of Palmdale and 2nd Ave.

  
4042 S 2nd Ave
Tucson, Arizona 85714

Map

South Tucson

Government Heights Subdivision

Property SubtypeDuplex
2 Br Units2
Year Built 1981
Square Feet 1897
Lot Square Feet 11000
Stories 1
ZoningPima County - SR2
Tax Year2006
Capitalization Rate0.082
Gross Rent Multiplier11.01
 
Gross Income: 
Avg 2 Br Rent$700/Mo
Gross Scheduled Rents$16,800/Yr $1,400/Mo
 
Expenses: 
Taxes$1134/Yr
Insurance$450/Yr
Maintenance & Supplies$100/Yr
Total Expenses$1,684/Yr $140/Mo
 
Net Income: 
Net Income$15,116/Yr $1,260/Mo
 
listed by:
Habitation Realty

list price: $185,000




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