$1,100,000
Tucson, AZ 85705
MLS# 22122651
Status: Closed
5085 sqft

1 / 50
Property Description
Amazing rental investment opportunity with 3 HOUSES on 1 LOT in wonderful location within biking distance to University of Arizona. 3 x Individual mini dorm style properties with 5 beds 2 baths each house. Total 15 beds 6 baths & 8 on-site lighted car parking spots. Modern contemporary build 2008. Each house has separate entrance and its own private backyard with covered patio. 2 bedrooms downstairs and 3 bedrooms upstairs. Indoor laundry. Landscaped courtyard and walk way. Very convenient & ideal location next to Biking Ave, near Banner UMC, grocery stores, schools, businesses, parks.
Details
Maps
Address Information
Street #: 225
Direction: E
Street Name: Jacinto
Suffix: Street
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA
Location Tax Legal
Tax Code: 107-13-2250
Area: Central
Subdivision: Coronado Heights
Contract Information
Current Price: $1,100,000
Sold Price: $1,100,000
Listing Date: 2021-09-02
Status: Closed
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2021-11-17
Pending Date: 2021-12-02
Sold Date: 2021-12-03
Sold Price: $1,100,000
Sold Price/SqFt: 216.32
Lot Sz Sold Prc/SqFt: 91.67
How Sold: Conventional
General Property Information
Dwelling Type: Triplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.27
Lot Sqft: 12000
Lot Size Source: Assessor
Combined SqFt: 5085
Year Built: 2008
Total Parking: 8
School District: Amphitheater
Elementary School: Keeling
Middle School: Amphitheater
High School: Amphitheater
Horse Property: No
Horse Facilities: No
List Price/SqFt: 226.16
Lot Size Price/SqFt: 95.83
Remarks Misc
Geo Lat: 32.254238
Geo Lon: -110.968878
Showing Information
Directions: From E Grant & N Stone, north on Stone, east on Jacinto to the address.
Unit 1 Information
Monthly Rent: 2750
# Beds: 5
# Full Baths: 2
SqFt: 1695
Occupancy: No
Stories: Two
Floor: 1st
Furnished: Partially
Parking: On Property
Unit 2 Information
Monthly Rent: 2750
# Beds: 5
# Full Baths: 2
SqFt: 1695
Occupancy: Yes
Stories: Two
Floor: 1st
Furnished: Partially
Parking: On Property
Unit 3 Information
Monthly Rent: 2750
# Beds: 5
# Full Baths: 2
SqFt: 1695
Occupancy: Yes
Stories: Two
Furnished: Partially
Parking: On Property
Analysis
Cap Rate %: 8.38
Gross Rent Multi: 10.86
Exp/SqFt: 1.79
Exp % of Gross: 9
Income
Gross Scheduled Rent: 99000
Other Income: 2250
Adjusted Gross: 101250
Total Expenses: 9114.71
Net Opp Income: 92135.29
Expenses
Admin Expenses: 825
Contract Services: 486
Gas/Electric: 869
Insurance: 1823.79
Maintenance Supplies: 95
Taxes/Assessments: 4688.92
Water/Sewer: 230
Other Expenses: 97
Figures Presented: Actual
Kitchen Features
Appliance Color: Stainless
Microwave: Built-in
Interior Features
Interior Steps: Yes
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Owner
Electric: Owner
Gas: Owner
Insurance: Owner
Landscaping: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Driveway
Paved: Asphalt
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: Yes
Submit With Offer
Digital Signatures: Yes
Seller Title Company: TSA
Home Protection
Offered: No
Sold Info
Seller Paid Repairs: 1500
Property Features
Construction: Frame - Stucco
Style: Contemporary
Roof: Shingle
Living Areas: Living Room
Dining Areas: Dining in LR/GR; Eat-In Kitchen
Dining Room: Area
Breakfast: Area
Kitchen Features: Desk; Double Sink; Electric Range; Lazy Susan; Dishwasher; Disposal; Refrigerator
Bathroom Features: Dual Sinks/Primary; Dual Sinks/Hall; Shower & Tub/Primary; Shower & Tub/Hall
Laundry: Laundry Closet; Dryer Included; Washer Included
Extra Room: None
Interior Features: Ceiling Fan(s); Skylights; Smoke Detector; Vaulted Ceiling(s); Walk-In Closet(s)
Floor Covering: Carpet; Ceramic Tile; Concrete
Window Covering: Stay
Window Features: Double Pane Windows
Technology: Alarm System; Cable TV; High Speed Internet
Main Cooling: Ceiling Fan(s); Zoned
Main Heating: Electric; Zoned
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: Alarm Installed; Closed Circuit Camera(s)
Green Features: Bath Exhaust Out
Pool: None
Spa: None
Fence: Wood
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: None
Road Type: Paved
RV Parking: Space Available
Exterior Feature: Courtyard
Lot Features: North/South Exposure
Neighborhood Features: None
Terms: Cash; Conventional
Submit With Offer: Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Listing Office: Tierra Antigua Realty
Last Updated: December - 14 - 2024
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