1409-1429 E Drachman Street, Tucson, AZ 85719
$1,250,000
Property Type:
Multi-Family
Square Footage:
8,629
Lot Size (sq. ft.):
55
Status:
Closed
Current Price:
$1,250,000
List Date:
1/06/2017
Last Modified:
12/09/2024
Overview
Description
Listing Details MLS# 21700513
Address Information
- Street #
- 1409-1429
- Direction
- E
- Street Name
- Drachman
- Suffix
- Street
- State/Province
- AZ
- Zip Code
- 85719
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 123-17-2030
- Area
- Central
- Subdivision
- Plumer & Steward Add 2
- Tax Year
- 2016
- Taxes
- 2784.75
- Assessments
- 16540
- Legal Description
- Plumer & Stewards NO 2 LOT 2 BLK 7; Plumer & Stewards NO 2 LOT 3 BLK 7; Plumer & Stewards NO 2 LOT 4 BLK 7
- Township
- 14
- Community
- None
- Range
- 14
- Section
- 6
- Municipality/Zoning
- Tucson - R2
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- 150x150 (3 lots of 50x150)
- Lot Acres
- 0.52
- Lot Sqft
- 22500
- Lot Size Source
- Assessor
- Combined SqFt
- 8629
- Year Built
- 1952
- List Price/SqFt
- 144.86
- Lot Size Price/SqFt
- 55.56
Property Features
Main Cooling:
Central Air
Main Heating:
Forced Air; Natural Gas
Sewer:
Connected
Water:
Public
Security:
None
Terms:
Cash; Conventional; Owner Carry
Property Disclosures:
Unknown
Contract Information
- Distressed Info
- None
Status Change Info
- Off Market Date
- 2017-01-05
- Pending Date
- 2017-02-12
- Sold Date
- 2017-02-16
- Sold Price/SqFt
- 144.86
- Lot Sz Sold Prc/SqFt
- 55.56
- How Sold
- Cash Owner Carryback
More Information
Showing Information
- Directions
- From Speedway and Mountain. N to Drachman. E to address located on N side of road between Highland and Vine.
Unit Info
- # of Units/2 BR
- 6
- Avg Mo Rent/2 BR
- 917
- # of Units/Other
- Yes
- Avg Mo Rent/Other
- 2350
- Avg Mo Rent/Studios
- 0
- Avg Mo Rent/1 BR
- 0
- Avg Mo Rent/3 BR
- 0
Analysis
- Cap Rate %
- 5.39
- Gross Rent Multi
- 11.53
- Exp/SqFt
- 4.76
- Exp % of Gross
- 37.9
- Vacancy Rate %
- 0
Income
- Gross Scheduled Rent
- 100005.83
- Other Income
- 8426.51
- Adjusted Gross
- 108432.34
- Total Expenses
- 41090.99
- Net Opp Income
- 67341.35
- Vacancy Loss
- 0
Expenses
- Admin Expenses
- 4243.65
- Capital Expenses
- 4413.99
- Gas/Electric
- 651.35
- Insurance
- 3960.81
- Maintenance Supplies
- 740.84
- Management
- 10105.5
- Taxes/Assessments
- 7426.06
- Water/Sewer
- 6240.16
- Other Expenses
- 3308.63
- Figures Presented
- Actual
- Contract Services
- 0
- Resident Manager
- 0
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Central Air
- Yes
Main Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- Owner Carry
- Yes
Security
- None
- Yes
Sold Info
- Seller Concessions
- 0
Property Disclosures
- Unknown
- Yes
Listing Office:
Keller Williams Southern Arizona
Last Updated: December - 09 - 2024
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