$435,000
Bisbee, AZ 85603
MLS# 22424137
1429 sqft
1 / 32
Property Description
Gorgeous historic home being used currently as a duplex, this property can be converted back into a single family home. New mini splits, new fridge in the upstairs unit & new electrical, new flooring downstairs in the kitchen & bedroom. Located across the street from the original fire house in Old Bisbee, within walking distance of shops, & restaurants. Currently both units being used as an Airbnb, fantastic location with large yard & off street parking! Storage shed & 2 patios upstairs, you can't beat the location. Now available! Owner/Agent
Details
Documents
Address Information
Street #: 644
Street Name: Tombstone Canyon
State/Province: AZ
Zip Code: 85603
County: Cochise
Country: USA
Location Tax Legal
Tax Code: 103-60-032C
Area: Cochise
Subdivision: Out Of Pima County
Contract Information
Current Price: $435,000
List Price: $435,000
Listing Date: 2024-09-19
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
Showing Information
Directions: Up Tombstone Canyon across from fire house on the left.
General Property Information
Dwelling Type: 2 Plex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: IRREGULAR
Lot Acres: 0.14
Lot Sqft: 6098
Lot Size Source: Assessor
Combined SqFt: 1429
Year Built: 1900
Total Parking: 1
School District: Bisbee
Elementary School: Greenway
Middle School: Lowell
High School: Bisbee
Horse Property: No
Horse Facilities: No
List Price/SqFt: 304.41
Lot Size Price/SqFt: 71.33
Remarks Misc
Geo Lat: 31.447896
Geo Lon: -109.928769
Unit Info
# of Units/1 BR: 2
Avg Mo Rent/1 BR: 1200
Unit 1 Information
Monthly Rent: 1200
# Beds: 1
# Full Baths: 1
SqFt: 715
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Street
Unit 2 Information
Monthly Rent: 1200
# Beds: 1
# Full Baths: 1
SqFt: 715
Occupancy: No
Stories: Single
Floor: 2nd
Furnished: No
Parking: On Street
Analysis
Cap Rate %: 5.39
Gross Rent Multi: 15.45
Exp/SqFt: 3.37
Exp % of Gross: 16.7
Income
Gross Scheduled Rent: 28800
Vacancy Loss: 0.2
Adjusted Gross: 28799.8
Total Expenses: 4810.08
Net Opp Income: 23989.72
Expenses
Gas/Electric: 2300
Taxes/Assessments: 2360.08
Water/Sewer: 150
Figures Presented: Proforma
Kitchen Features
Oven: only upper unit
Laundry
Other: Only upper unit
Extra Room
Other: Kitchenett in bottom
Interior Features
Interior Steps: Yes
Main Cooling
Other: Mini-Splits
Main Heating
Other: Mini-Splits
Electric
Electric Company: APS
Utilities Paid
Cable TV: Tenant
Electric: Owner
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
RV Parking
Other: None
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Home Protection
Offered: Yes
Plan By: 2-10 <= $650
Property Features
Construction: Wood Frame
Style: Contemporary
Roof: Metal
Living Areas: Living Room
Dining Areas: Formal Dining Room
Dining Room: Area; None
Breakfast: None
Kitchen Features: Electric Range; Dishwasher; Garbage Disposal; Refrigerator
Bathroom Features: Shower & Tub/Primary; Shower Only/Primary
Laundry: In Kitchen; Dryer Included; Washer Included
Interior Features: Ceiling Fan(s); Skylights; Smoke Detector
Floor Covering: Carpet; Ceramic Tile; Wood
Window Covering: Stay
Technology: High Speed Internet
Main Cooling: Evaporative Cooling
Main Heating: Natural Gas
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: City Water
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: Shrubs; Trees
Landscape - Rear: Shrubs; Trees
View: Mountain(s)
Road Type: Paved
Driveway: Car(s) Pad
Exterior Feature: Shed
Lot Features: East/West Exposure
Neighborhood Features: None
Terms: Cash; Conventional; FHA Loan; VA Loan
Submit With Offer: Lender Pre-Approval; Proof of Funds
Property Disclosures: Lead Based Paint; Seller Prop Disclosure
Special Conditions: None
Lead Paint Discl 
Listing Office: West USA Realty
Last Updated: January - 23 - 2025
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