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2429 N Orchard Ave Includes:

  • Frame Stucco Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Laundry Hookup
  • Central AC
  • 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%$1,675$1,591$1,507$1,340$1,172$1,005
6%$1,769$1,680$1,592$1,415$1,238$1,061
6.5%$1,865$1,771$1,678$1,492$1,305$1,119
7%$1,963$1,865$1,766$1,570$1,374$1,178
7.5%$2,063$1,960$1,856$1,650$1,444$1,238
8%$2,165$2,056$1,948$1,732$1,515$1,299

Remarks: Cash flow, low maintenance expense, no deferred maintenance, central location, new exterior paint: what more can you ask? Fully leased, all units 2 bed one bath. All units have central AC new in 2003. Lots of parking, floor tile (except bedrooms) and new counters in first two units. Easy to rent, excellent fenced yard space for each unit, 2 car parking for each, a block from the bus stop. Tenants love to rent here.

Directions: Grant and Swan W to Orchard, N to address.

  
2429 N Orchard Ave
Tucson, Arizona 85712

Map

Central Tucson

Vista Del Monte Tract

Property SubtypeTri-Plex
2 Br Units3
Year Built 1982
Square Feet 2759
Lot Square Feet 8775
Stories 1
ZoningTucson - R2
Tax Year2007
Capitalization Rate0.071
Gross Rent Multiplier11.97
 
Gross Income: 
Avg 2 Br Rent$650/Mo
Gross Scheduled Rents$23,400/Yr $1,950/Mo
Other Income$1240/Yr
Adjusted Gross Income$24,640/Yr$2,053/Mo
 
Expenses: 
Taxes$2189/Yr
Insurance$462/Yr
Water and Sewer$900/Yr
Other Expenses$200/Yr
Total Expenses$3,751/Yr $313/Mo
 
Net Income: 
Net Income$20,889/Yr $1,741/Mo
 
listed by:
Old Adobe Realty

list price: $295,000




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