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1937 N Corte El Rancho Merlita

Tucson, AZ 85715
  • $499,000
  • STATUS: Active
  • ID#: 22416962
$499,000
  • 4
    BEDS
  • 0.6
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,826
    SQFT
  • $273
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of Long Realty Company.

Description

Originally built in the 1950s by Merle Norman, the cosmetic queen, as guest quarters for her ranch, this unique property was restored, renovated, and reimagined in 2010 as the Arroyo House bed and breakfast. Today, it offers versatile usage options: you can utilize it as a short-term rental, long-term rental, or as a bed and breakfast. Located in the gated community of Rancho Merlita, the Arroyo House sits on a 0.60-acre of manicured desert landscaping and passive water harvesting. The main house consists of 4 bedrooms, each with an ensuite bathroom. A shared common kitchen, dining room, and laundry room. Connected by a long covered sitting porch, All rooms have polished concrete floors dual, pane windows, high-efficiency mini split heating and cooling, and

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2024-07-23T00:07:16.43.
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 Keller Williams Southern Arizona are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.ascentreteam.com/homes/152426070
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1937 N Corte El Rancho Merlita Tucson, AZ 85715

  • Price: $499,000
  • Status: Active
  • On Site: Days
  • ID#: 22416962
4
Beds
4
Baths
0
½ Baths
0.6
Acres
1,826
SQFT
$273
$/SQFT
1953
Built
Neighborhood:
El Rancho Merlita (1-16)
County:
Pima
Area:
Northeast
Elementary School:
Bloom
Middle School:
Magee
High School:
Sabino
School District:
TUSD
Property Description
Originally built in the 1950s by Merle Norman, the cosmetic queen, as guest quarters for her ranch, this unique property was restored, renovated, and reimagined in 2010 as the Arroyo House bed and breakfast. Today, it offers versatile usage options: you can utilize it as a short-term rental, long-term rental, or as a bed and breakfast. Located in the gated community of Rancho Merlita, the Arroyo House sits on a 0.60-acre of manicured desert landscaping and passive water harvesting. The main house consists of 4 bedrooms, each with an ensuite bathroom. A shared common kitchen, dining room, and laundry room. Connected by a long covered sitting porch, All rooms have polished concrete floors dual, pane windows, high-efficiency mini split heating and cooling, and
Exterior Features

Construction Brick Driveway Paved Asphalt Exterior Feature None Fence BlockSplit Rail Landscape Front Decorative GravelDesert PlantingsLow CareShrubsSprinkler/DripTrees Landscape Rear Decorative GravelDesert PlantingsNatural DesertShrubsSprinkler/DripTrees Patio Deck CoveredPatio Pool None Road Type Paved Roof Shingle Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property Unit4 Information Parking On Property View Mountain(s)Sunrise

Interior Features

Bathroom Features Shower & Tub/Primary Breakfast None Dining Areas Dining in LR/GR Dining Room Area Extra Room None Floor Covering Concrete Interior Features Ceiling Fan(s)Dual Pane WindowsFire SprinklersSmoke Detector Kitchen Features Garbage DisposalGas RangeRefrigerator Laundry Dryer IncludedLaundry RoomWasher Included Living Areas Off Kitchen Main Cooling Ceiling Fan(s)Zoned Main Heating Heat PumpZoned Technology Cable TVHigh Speed InternetTelephone Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 307 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 307 Unit3 Information Furnished No Unit3 Information Sqft 307 Unit4 Information Furnished No Unit4 Information Sqft 467 Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 5.33 Analysis Exp Percent Of Gross 35.75 Analysis Exp Sqft 8.11 Analysis Gross Rent Multi 12.05 Analysis Vacancy Rate Percent 4.17 Assessments 0.00 Assoc Amenities None Association And Fees Hoa Yes Association And Fees Hoa Amtmonthly 150.00 Attached Detached Attached Community None 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 1000.00 Expenses Figures Presented Proforma Expenses Gas Electric 2900.00 Expenses Insurance 1800.00 Expenses Maintenance Supplies 3000.00 Expenses Management 0.00 Expenses Other Expenses 2400.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 2001.00 Expenses Water Sewer 1700.00 Fema Flood Zone Yes Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 41400.00 Income Gross Scheduled Rent 43200.00 Income Net Opp Income 26599.00 Income Other Income 0.00 Income Total Expenses 14801.00 Income Vacancy Loss 1800.00 Lot Dimensions Irrregular Lot Features Cul-De-Sac Lot Size Source Assessor Lot Sqft 26223.00 Municipal Flood Zone TBD Municipality Zoning Tucson - RX2 Neighborhood Features Gated CommunityPaved StreetWalking Trail Property Disclosures CC&RsLead Based PaintPublic ReportSeller Prop Disclosure Road Maintenance HOA Section 4 Security None Sewer Connected Special Conditions None Style Ranch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs Yes Subdivision Restrict Deed Restrictions Yes Tax Year 2023 Taxes 2000.10 Taxes For Dwelling & Land Terms CashConventional Total Parking 6 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 900 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 900 Unit2 Information Stories Single Unit3 Information Monthly Rent 900 Unit3 Information Stories Single Unit4 Information Floor 1st Unit4 Information Monthly Rent 900 Unit4 Information Stories Single Utilities Paid Cable Tv Owner Utilities Paid Electric Owner Utilities Paid Gas Owner Utilities Paid Insurance Owner Utilities Paid Landscaping Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

Listing provided by Long Realty Company: (520) 918-2400. Listing information © 2024 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2024-07-23T00:07:16.43.
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 Keller Williams Southern Arizona are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Keller Williams Southern Arizona
1730 E River Rd # 200
Tucson AZ, 85718
Courtesy of Long Realty Company.