3201 N Cherry Ave, Tucson, AZ 85719

Impeccable, fully remodeled and fully furnished turn-key triplex with a Mid-Century Modern vibe in a fantastic Central location. The property has all of the three units already being booked as short term rentals with quality management in place, in case the next owner desires to keep the current use and continue receiving short term rental income. Revenue from last year from September 1st, 2021 to August 31st, 2022 was $95,263 with a NOI of $48,529 and with plenty of room for improvement. All of the units have private yards, high ceilings, new central A/C, new water heaters, new windows and doors, upgraded electric panels, new appliances, new luxury vinyl flooring, custom kitchen cabinets and new bathroom finishes and fixtures. Exterior includes new paint throughout, dedicated parking, laundry facility, storage and desert landscaping with decorative rock. The complex is just minutes away from the "Rillito River" and the Campbell/River intersection, The University of Arizona and Downtown Tucson. Rents are based on short term rentals. All utilities are currently paid by owner for short term rentals but each unit is individually metered for long term rentals to be paid by tenants