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1402 S Highland Ave Includes:

  • Brick Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Water Metered Seperately
  • Laundry Facilities
  • Package Available
  • Other AC
  • Sewer Connected
  • City Water
  • Proforma Figures Presented
  • Forced Air Gas Heating
  • Fence
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$936$889$843$749$655$562
6%$989$939$890$791$692$593
6.5%$1,042$990$938$834$730$625
7%$1,097$1,042$987$878$768$658
7.5%$1,153$1,095$1,038$922$807$692
8%$1,210$1,149$1,089$968$847$726

Remarks: Great investment opportunity that won't last long! Newer Duplex offers solid slump block construction with ceramic tile and private side yards. The 3 bedroom unit is ready to rent with minor cosmetic clean-up needed. The 2 bedroom unit is the one that may need new carpeting and some cosmetic repairs. Lender owned & is selling property AS-IS & WHERE-IS with no warranties expressed or implied.

Directions: 22nd / Kino Parkway-W, on 22nd 1/2 Block to Higland S. To address.

  
1402 S Highland Ave
Tucson, Arizona 85713

Map

Central Tucson

Kings Highway

Property SubtypeDuplex
2 Br Units1
3 Br Units1
Year Built 2005
Square Feet 1872
Lot Square Feet 6489
Stories 1
ZoningTucson - R2
Tax Year2008
Capitalization Rate0.081
Gross Rent Multiplier9.16
 
Gross Income: 
Avg 2 Br Rent$700/Mo
Avg 3 Br Rent$800/Mo
Gross Scheduled Rents$18,000/Yr $1,500/Mo
 
Expenses: 
Gas & Electric$700/Yr
Taxes$1895/Yr
Insurance$1000/Yr
Water and Sewer$1000/Yr
Total Expenses$4,595/Yr $383/Mo
 
Net Income: 
Net Income$13,405/Yr $1,117/Mo
 
listed by:
Realpros

list price: $164,900




Information Deemed Reliable But Not Guaranteed

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