1518 E Hedrick Drive, Tucson, AZ 85719
$1,036,250
Property Type:
Multi-Family
Square Footage:
19,250
Status:
Closed
Current Price:
$1,036,250
List Date:
4/19/2004
Last Modified:
10/26/2024
Overview
Description
Rare find. 25 single story units. Most units updated with ceramic tile in kitchen and new appliances. Do not disturb tenants!!
Listing Details MLS# 2409147
Address Information
- Street #
- 1518
- Direction
- E
- Street Name
- Hedrick
- Suffix
- Drive
- State/Province
- AZ
- Zip Code
- 85719
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 113-07-190A
- Area
- Central
- Subdivision
- Hedrick Acreage Tract NO 3
- Tax Year
- 2003
- Taxes
- 9877
- Assessments
- 0
- Legal Description
- Hedrick Acreage Tract No 3/Lot 8 & 9 Blk F
- Township
- 13
- Community
- None
- Range
- 14
- Section
- 31
- Municipality/Zoning
- Tucson - R2
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- 254.52x290.15
- Lot Size Source
- Assessor
- Combined SqFt
- 19250
- Year Built
- 1975
- List Price/SqFt
- 60
Property Features
Construction:
Masonry Stucco
Main Cooling:
Central Air
Main Heating:
Forced Air; Natural Gas
Sewer:
Connected
Water:
Public
Security:
None
Terms:
Cash; Conventional
Property Disclosures:
Lead Based Paint
Sold Info:
Financing
Status Change Info
- Off Market Date
- 2004-08-17
- Pending Date
- 2004-06-11
- Sold Date
- 2004-08-17
- Sold Price/SqFt
- 53.83
- How Sold
- Conventional
More Information
Showing Information
- Directions
- Ft Lowell/Campbell S to Hedrick W to address.
Unit Info
- # of Units/1 BR
- Yes
- Avg Mo Rent/1 BR
- 400
- # of Units/2 BR
- 24
- Avg Mo Rent/2 BR
- 500
Analysis
- Cap Rate %
- 7.49
- Gross Rent Multi
- 8.22
- Vacancy Rate %
- 7
- Exp/SqFt
- 2.79
- Exp % of Gross
- 38.31
Income
- Gross Scheduled Rent
- 148800
- Vacancy Loss
- 10416
- Other Income
- 2000
- Adjusted Gross
- 140384
- Total Expenses
- 53790
- Net Opp Income
- 86594
Expenses
- Gas/Electric
- 10108
- Insurance
- 6177
- Maintenance Supplies
- 15976
- Resident Manager
- 7019
- Taxes/Assessments
- 9877
- Water/Sewer
- 4633
Interior Features
- Interior Steps
- No
Miscellaneous
- Master Elec Meter
- No
- Master Gas Meter
- Yes
- Master Water Meter
- Yes
- Package Available
- Yes
Construction
- Masonry Stucco
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Central Air
- Yes
Main Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Security
- None
- Yes
Sold Info
- Financing
- Yes
Property Disclosures
- Lead Based Paint
- Yes
Documents
Lead Paint Discl ›
Listing Office:
Long Realty Company
Last Updated: October - 26 - 2024
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