Mid-town location yet on quiet street allows this property to satisfy most rental market sectors; evidenced by continuous full-time occupancy. Necessary fundamentals all present: close by shopping, bus routes, popular restaurants and proximity to U of A. Front unit is a 3x2; rear unit is a 2x1. Large bedrooms and open floor plan make these rentals stand out from typical of the neighborhood. Also features fenced in yard and lots of storage. Relationship between Seller and Tenant has resulted in long term lease at less than market rental rate- however this tenant is now on a month to month basis. Comparable unit rents in immediate area indicate Buyer can expect 8.5% cap rate- 11% ROI using reasonable projected rents of $21,480 per year. Existing termite warranty is transferrable.
Off market
Street View
Zestimate®
$360,300
1211 N Rosemont Blvd, Tucson, AZ 85712
--beds
0baths
1,825sqft
MultiFamily
Built in 1968
-- sqft lot
$360,300 Zestimate®
$197/sqft
$1,237 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Gas
Cooling
- Evaporative
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator
Features
- Flooring: Tile, Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 1,825 sqft
Property
Parking
- Total spaces: 6
Features
- Exterior features: Brick
- Has view: Yes
- View description: Mountain
Lot
- Size: 7,405 sqft
Details
- Parcel number: 121110610
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Built-up
Condition
- Year built: 1968
Community & neighborhood
Location
- Region: Tucson
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Estimated market value
$360,300