EMS Realty

Lisa A.Suarez, Designated Broker

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$250,000
1551 N Calle Futura
Oracle, AZ 85623
MLS# 21705981
Status: Closed
2698 sqft
1551 N Calle Futura, Oracle, AZ 85623
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1551 N Calle Futura, Oracle, AZ 85623 1551 N Calle Futura, Oracle, AZ 85623 1551 N Calle Futura, Oracle, AZ 85623 1551 N Calle Futura, Oracle, AZ 85623 1551 N Calle Futura, Oracle, AZ 85623 1551 N Calle Futura, Oracle, AZ 85623 1551 N Calle Futura, Oracle, AZ 85623 1551 N Calle Futura, Oracle, AZ 85623 1551 N Calle Futura, Oracle, AZ 85623 Commonly referred to as the cottage, this 1-bedroom, 1 bath has 500 sq. ft. It has evap. cooling, no covered parking, no fencing. Rents for $275/mo. 1551 N Calle Futura, Oracle, AZ 85623 1551 N Calle Futura, Oracle, AZ 85623 1551 N Calle Futura, Oracle, AZ 85623 1551 N Calle Futura, Oracle, AZ 85623 1551 N Calle Futura, Oracle, AZ 85623 1551 N Calle Futura, Oracle, AZ 85623

Property Description
Almost 5 acres along Oracle's main drag, American Ave, with 6 rental units and potential for 1 more. Unique investment opportunity. 3 Houses-rent for $550 each, 2 mobile-rent for $500 each and a freestanding studio apt-$350. plus a workshop/storage building. Owner has spent the last 6 years improving these units. Some of the units have updated or remodeled kitchens and baths. All have had extensive electrical work done. 2 have new roofs. Some have new windows. Owner is moving out of state and needs to sell. Large shade trees and easy access, some fenced yards make this an appealing place to renters and rental income is steady. Pictures and descriptions of individual homes are included in this listing.

Details
Maps
Documents
Address Information
Street #: 1551
Direction: N
Street Name: Calle Futura
State/Province: AZ
Zip Code: 85623
County: Pinal
Country: USA
Location Tax Legal
Tax Code: 308-60-007
Area: Pinal
Subdivision: Out Of Pima County
Contract Information
Current Price: $250,000
Sold Price: $250,000
Listing Date: 2017-02-27
Status: Closed
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2017-06-23
Pending Date: 2017-09-29
Sold Date: 2017-10-03
Sold Price: $250,000
Sold Price/SqFt: 92.66
Lot Sz Sold Prc/SqFt: 1.2
How Sold: Cash Owner Carryback
General Property Information
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 194x590x488x411x272
Lot Acres: 4.8
Lot Sqft: 209088
Lot Size Source: Assessor
Combined SqFt: 2698
Year Built: 1944
School District: Oracle
Elementary School: Mountain Vista
Middle School: Mountain Vista
High School: Canyon Del Oro
Horse Property: Yes - By Zoning
Horse Facilities: No
List Price/SqFt: 101.93
Lot Size Price/SqFt: 1.32
Remarks Misc
Geo Lat: 32.615533
Geo Lon: -110.786067
Showing Information
Directions: Hwy 77 to Oracle. R-American Ave. R-Calle Futura to sign on left.
Unit Info
# of Units/Studios: 1
Avg Mo Rent/Studios: 350
Avg Mo Rent/1 BR: 350
# of Units/2 BR: 5
Avg Mo Rent/2 BR: 550
# of Units/Other: 6
Avg Mo Rent/Other: 500
Unit 1 Information
Monthly Rent: 600
# Beds: 1
# Full Baths: 1
SqFt: 800
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 0.73
Gross Rent Multi: 83.33
Exp/SqFt: 0.43
Exp % of Gross: 38.83
Income
Gross Scheduled Rent: 3000
Adjusted Gross: 3000
Total Expenses: 1165
Net Opp Income: 1835
Expenses
Gas/Electric: 25
Insurance: 292
Maintenance Supplies: 100
Management: 300
Taxes/Assessments: 187
Water/Sewer: 126
Other Expenses: 135
Figures Presented: Actual
Interior Features
Interior Steps: No
Electric
Electric Company: SCIP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Tenant
Pool/Spa Maintenance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Tenant
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Submit With Offer
Digital Signatures: Yes
Home Protection
Offered: No
Sold Info
Down Payment: 60000
Miscellaneous
Master Elec Meter: No
Master Gas Meter: No
Master Water Meter: No
Package Available: Yes
Property Features
Construction: Frame - Stucco
Style: Bungalow; Manufactured
Roof: Built-Up; Shingle
Living Areas: Living Room
Dining Areas: Breakfast Nook
Dining Room: None
Breakfast: Area
Kitchen Features: Gas Range; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: Laundry Closet
Extra Room: None
Floor Covering: Carpet; Ceramic Tile
Window Covering: Stay
Technology: Satellite Dish
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Natural Gas; Zoned
Water Heater: Electric
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Wire
Landscape - Front: Grass; Trees
Landscape - Rear: Grass; Trees
View: Mountain(s); Sunset
Road Type: Dirt; Gravel; Paved
Road Maintenance: County
Driveway: None
RV Parking: Space Available
Exterior Feature: Kennel/Dog Run
Lot Features: Adjacent to Wash
Neighborhood Features: None
Terms: Cash; Conventional; Owner Carry; Submit
Submit With Offer: Proof of Funds
Property Disclosures: Unknown
Special Conditions: None

Listing Office: Oracle Land & Homes

Last Updated: March - 13 - 2026

1551 N Calle Futura, Oracle, AZ 85623 - MLS# 21705981
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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 the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

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