Stabilized 4-unit (3/1) multifamily opportunity with all units currently leased and immediate in-place rental income. One lease expires in July, offering flexibility for renewal, potential rent adjustment subject to lease terms and applicable regulations, or possible owner occupancy while continuing to collect income from the remaining three units. The other three leases may offer additional rent adjustment opportunities in January, subject to lease terms and applicable regulations.
The property has been well maintained, with major deferred maintenance addressed, including a brand new roof!! Property features include durable slump block construction, attractive flooring, multiple parking spaces for each unit, an on-site storage.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: MLS of Southern Arizona. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.