1033 N 4Th Avenue, Tucson, AZ 85705
$974,999
Property Type:
Residential
Bedrooms:
5
Baths:
5
Square Footage:
2,534
Lot Size (sq. ft.):
127
Status:
Active
Current Price:
$974,999
List Date:
8/23/2024
Last Modified:
9/30/2024
Description
What An Amazing Property Situated Just Moments From Downtown! This exceptional residence offers not only sophisticated living with a backyard pool oasis, but also lucrative investment potential with multiple streams of income. Positioned in a highly desirable area, this property is conveniently close to UOFA, ensuring high demand from both students and professionals close to vibrant city amenities, cultural landmarks, and educational institutions. There is a detached guest home that has 3 bedrooms and 3 bathrooms for amazing income potential whether AirBnb or student housing. The attached garage presents a unique opportunity for additional income and can be built out for additional living space for higher return. It already has plumbing and electrical and is ready for finishes.
Supplements: With some creative renovation, this space can be transformed into a fully functional and stylish third living unit, increasing the property's rental potential. The backyard of the main home has an amazing pool which offers a secluded outdoor oasis and a serene retreat with ample space for outdoor entertaining and relaxation. The potential to convert the garage into a separate rental unit provides multiple income streams, whether for long-term rentals, short-term vacation stays, or as an executive rental. This flexibility enhances the property's appeal to a wide range of prospective tenants and investors. With its prime location near downtown and the university, luxurious features, and income-generating possibilities, this property represents a unique investment opportunity. This property is not just a home but a lucrative asset that promises significant returns. This could be an amazing home for a University professional providing a close commute while earning great rental income and still hold the privacy of a single family home. This is truly a one of a kind listing and surely to be sought after.
More Information MLS# 22419632
Address Information
Street #: 1033
Direction: N
Street Name: 4Th
Suffix: Avenue
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA
Location Tax Legal
Tax Code: 117-02-0820
Area: Central
Subdivision: C.O.T. BLK.167 RESUB.
Contract Information
Current Price: $974,999
List Price: $974,999
Listing Date: 2024-08-09
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
Showing Information
Directions: Speedway/4Th Ave- South to address
General Property Information
Dwelling Type: Single Family Residence
Construction Status: Existing
Lot Dimensions: 41.5'X184.8
Lot Acres: 0.18
Lot Sqft: 7669
Lot Size Source: Assessor
Combined SqFt: 2534
Main House SqFt: 1151
Guest House SqFt: 1383
Source of SqFt: Assessor
# of Garage Spaces: 2
# of Covered Prkng: 2
Bedrooms: 5
Full Baths: 5
Total Baths: 5
Basement: No
# of Fireplaces: 1
Year Built: 1925
School District: TUSD
Elementary School: Roskruge
Middle School: Mansfeld
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 384.77
Lot Size Price/SqFt: 127.14
Remarks Misc
Geo Lat: 32.235103
Geo Lon: -110.966067
Interior Features
Interior Steps Y/N: Y
Electric
Electric Company: TEP
Pool
Conventional: Yes
Landscape - Front
Other: Palm Trees
Landscape - Rear
Other: Palm Trees
Driveway
Paved: Concrete
Exterior Features
Front Faces: East
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: No
Special Conditions
Other: 1031 Exchange
Home Protection
Offered: No
Property Features
Stories: Multi/Split
Construction: Frame - Stucco; Stucco Finish
Style: Bungalow
Roof: Shingle
Living Areas: Family Room; Off Kitchen
Dining Areas: Breakfast Bar
Kitchen Features: Dishwasher; Electric Oven; Electric Range; Energy Star Qualified Dishwasher; Energy Star Qualified Refrigerator; Freezer; Garbage Disposal; Gas Oven; Gas Range; Island; Microwave
Primary Bathroom Features: Double Vanity; Exhaust Fan; Shower & Tub; Shower Only
Additional Bathroom Features: Powder Room; Shower Only
Laundry: Dryer; Washer
Extra Room: Den; Loft; Storage; Workshop
Guest Facilities: House
Interior Features: Ceiling Fan(s); Dual Pane Windows; Furnished
Fireplace: Wood Burning
Fireplace Location: Family Room
Floor Covering: Carpet; Ceramic Tile; Laminate; Wood
Window Covering: Stay
Technology: High Speed Internet
Main Cooling: Ceiling Fans; Central Air
Main Heating: Forced Air
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Accessibility Option: None
Security: None
Spa: None
Fence: Block
Landscape - Front: Decorative Gravel; Desert Plantings; Low Care; Natural Desert; Trees
Landscape - Rear: Desert Plantings; Low Care; Trees
Road Type: Paved
Driveway: Car(s) Pad
RV Parking: Space Available
Exterior Features: Courtyard; Native Plants
Lot Features: Adjacent to Alley
Neighborhood Feature: Park; Sidewalks
Terms: Cash; Conventional; Exchange; VA
Submit With Offer: Loan Pre-Qual
Property Disclosures: None
Lead Paint Discl ›
Floorplan ›Listing Office: Realty Executives Arizona Terr
Last Updated: September - 30 - 2024
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