Skip To Content
    Return to Previous Page

    3782 E Farr Place

    Tucson, AZ 85716
    • $585,000
    • STATUS: Active Under Contract
    • ID#: 22020308
    Under Contract
    UPDATED: 35 min ago
    $585,000
    • 5
      BEDS
    • 0.25
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 2,693
      SQFT
    • $217
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Realty Executives Arizona Territory.

    Description

    Range Pricing. Seller will accept/counter offers b/w $585,000 & $600,000. This 4-Plex property is in immaculate condition & a true turn-key operation. The owner is occupying the front home & has been leasing the remaining units as a combo of Air B&B and long term tenants on a gross lease basis (furnished units including all utilities). Full Service lease has been good but lately owners found that Air B&B provides significantly higher returns. The owner has thought through all aspects of operations & each unit can be easily modified to be sub-metered, if desired. The property offers great security & is fully fenced with motorized access gate. High metal carports provide ample parking. MU zoning allows for some commercial applications if desired. Can be purchased with MLS #22020309.

    Monthly Payment Calculator



    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-09-24T23:06:33.113.
    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 eXp Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.paragontucson.com/homes/109063632
    Print Image

    3782 E Farr Place Tucson, AZ 85716

    • Price: $585,000
    • Status: Active Under Contract
    • Updated: 35 min ago
    • ID#: 22020308
    5
    Beds
    5
    Baths
    0
    ½ Baths
    0.25
    Acres
    2,693
    SQFT
    $217
    $/SQFT
    1952
    Built
    Neighborhood:
    Lohrum Subdivision
    County:
    Pima
    Area:
    Central
    Elementary School:
    Davidson
    Middle School:
    Doolen
    High School:
    Catalina
    School District:
    TUSD
    Property Description
    Range Pricing. Seller will accept/counter offers b/w $585,000 & $600,000. This 4-Plex property is in immaculate condition & a true turn-key operation. The owner is occupying the front home & has been leasing the remaining units as a combo of Air B&B and long term tenants on a gross lease basis (furnished units including all utilities). Full Service lease has been good but lately owners found that Air B&B provides significantly higher returns. The owner has thought through all aspects of operations & each unit can be easily modified to be sub-metered, if desired. The property offers great security & is fully fenced with motorized access gate. High metal carports provide ample parking. MU zoning allows for some commercial applications if desired. Can be purchased with MLS #22020309.
    Exterior Features

    Construction BrickFrame - StuccoMasonry Stucco Driveway Paved Gravel Exterior Feature CourtyardStorage ShedWorkshop Landscape Front Decorative Gravel Landscape Rear Decorative GravelLow CareShrubsTrees Patio Deck CoveredPatioPaverRamada Pool None Road Type Paved Roof MetalShingle Rv Parking Space Available Spa None Unit1 Information Parking Carport Unit2 Information Parking Carport Unit3 Information Parking Carport Unit4 Information Parking Carport View Mountain

    Interior Features

    Bathroom Features Dual Sinks/MasterShower & Tub/Master Breakfast None Dining Areas Eat-In Kitchen Dining Room Area Extra Room None Floor Covering Ceramic TileConcrete Interior Features Ceiling Fan(S)Dual Pane WindowsSmoke DetectorStorageWorkshop Interior Features Interior Steps Yes Kitchen Features DishwasherDouble SinkGarbage DisposalGas RangeRefrigerator Laundry BathroomClosetDryer IncludedWasher Included Living Areas Great Room Main Cooling Ac CentralHeat Pump Main Heating Forced Air - ElecForced Air - Gas Technology Cable TvHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 1159 Unit2 Information Furnished Yes Unit2 Information Number Half Baths 0 Unit2 Information Sqft 589 Unit3 Information Furnished Yes Unit3 Information Number Half Baths 0 Unit3 Information Sqft 589 Unit4 Information Furnished Yes Unit4 Information Number Half Baths 0 Unit4 Information Sqft 356 Water Heater Natural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 6.88 Analysis Exp Percent Of Gross 25.72 Analysis Exp Sqft 5.17 Analysis Gross Rent Multi 10.80 Analysis Vacancy Rate Percent 5.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Detached Community None Contingent Active Contingent Country Usa Distressed Info None Dwelling Type 4 Plex Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Proforma Expenses Gas Electric 3600.00 Expenses Insurance 1200.00 Expenses Maintenance Supplies 1500.00 Expenses Management 5000.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1426.00 Expenses Water Sewer 1200.00 Fema Flood Zone No Fire Protection Subscription Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 54150.00 Income Gross Scheduled Rent 57000.00 Income Net Opp Income 40224.00 Income Other Income 0.00 Income Total Expenses 13926.00 Income Vacancy Loss 2850.00 Lot Dimensions Irregular Lot Features North/South ExposureSubdivided Lots Lot Size Source Assessor Lot Sqft 10707.00 Municipal Flood Zone No Municipality Zoning Pima County - Mu Neighborhood Features Paved Street Property Disclosures Insurance Claims History ReportLead Based PaintMilitary Airport VctSeller Prop Disclosure Road Maintenance County Section 28 Security Alarm InstalledSecurity Lights Sewer Connected Special Conditions None Style Ranch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2019 Taxes 1425.08 Taxes For Dwelling & Land Terms CashConventional Total Parking 8 Township 13 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1500 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1200 Unit2 Information Stories Single Unit3 Information Floor 1st Unit3 Information Monthly Rent 1200 Unit3 Information Stories Single Unit4 Information Floor 1st Unit4 Information Monthly Rent 850 Unit4 Information Stories Single Utilities Paid Cable Tv Owner Utilities Paid Electric Owner Utilities Paid Gas Owner Utilities Paid Insurance Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

    Listing provided courtesy of Realty Executives Arizona Territory. Listing information © 2020 MLS of Southern Arizona.


    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-09-24T23:06:33.113.
    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 eXp Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22020308-2.jpg https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22020308-2.jpg https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22020308-2.jpg
    Logo
    eXp Realty
    7454 E. Broadway Blvd
    Tucson AZ, 85710
    Courtesy of Realty Executives Arizona Territory.