$1,800,000
Tucson, AZ 85712
MLS# 22008182
Status: Closed
18396 sqft
1 / 11
Property Description
Large property with 26 duplex units and a 3 bedroom house. All duplex units have carports, fenced yards, and storage shed with washer dryer hoookups. Units are separated by the carports and do not have adjoining walls. Many long term tenants. Room to raise rents. Tenants pay gas and electricity, owner pys water trash and sewer. Plenty of parking. All units have swamp coolers and gas wall heaters. Listing agent related to seller.
Details
Maps
Address Information
Street #: 4044
Direction: E
Street Name: Flower
Suffix: Street
State/Province: AZ
Zip Code: 85712
County: Pima
Country: USA
Location Tax Legal
Tax Code: 110-07-1830
Area: Central
Contract Information
Current Price: $1,800,000
Sold Price: $1,800,000
Listing Date: 2020-03-20
Status: Closed
Method of Title: Fee (Simple)
Short Sale: No
Status Change Info
Off Market Date: 2020-03-24
Pending Date: 2020-03-20
Sold Date: 2020-03-20
Sold Price: $1,800,000
Sold Price/SqFt: 97.85
Lot Sz Sold Prc/SqFt: 1.76
Financing: Exchange
Showing Information
Directions: Grant To Columbus,Then N To Flower Then W To Property
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 27
Multi-Tenant: Yes
Year Built: 1959
Lot Dimensions: 162.525X627.50
Lot Acres: 2.34
Lot Sqft: 1019930
Lot Size Source: Assessor
Combined SqFt: 18396
Source of SqFt: Assessor
List Price/SqFt: 97.85
Lot Size Price/SqFt: 1.76
Remarks Misc
Geo Lat: 32.253293
Geo Lon: -110.906336
Income
Gross Scheduled Rent: 213069
Adjusted Gross: 213069
Analysis
Gross Rent Multi: 8.45
Expenses
Contract Services: 3394
Figures Presented: Actual
Insurance: 5000
Maintenance Supplies: 11111
Taxes/Assessments: 13245
Water/Sewer: 18882
Other Expenses: 2911
Unit Information
Apartment: Low Rise
Apartment Unit Information
# of Units/1 BR: 18
Avg Mo Rent/1 BR: 550
# of Units/2 BR: 8
Avg Mo Rent/2 BR: 695
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 895
Space Information
Ceiling Height: 8ft
Electric
Electric Company: tep
Parking
# Covered Parking: 27
Sold Info
Est. Closing Date: 2020-03-20
Property Features
Construction: Slump Block
Roof: Built-Up - Reflect
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Wall Furnace
Water Heater: Electric; Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Fence: Chain Link
Landscape - Front: Decorative Gravel
Landscape - Rear: Low Care
Road Type: Paved
Terms: Cash; Conventional; Submit
Submit With Offer: Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction
Property Disclosures: Lead Based Paint
Listing Office: 520 Realty LLC
Last Updated: December - 13 - 2024
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