2114 N Forgeus Avenue, Tucson, AZ 85716
$1,150,000
Property Type:
Multi-Family
Square Footage:
14,592
Lot Size (sq. ft.):
18
Status:
Closed
Current Price:
$1,150,000
List Date:
1/06/2005
Last Modified:
10/26/2024
Overview
Description
TERRIFIC CENTRAL LOCATION-CLOSE TO U OF A & BUS LINES-CASITA-LIKE COMPLEX-18- 2 BEDROOMS UNITS 4-1 BEDROOM UNITS, LOTS OF PARKING- NICE CURB APPEAL. INCLUDES EMPTY LOT (CAN BUILD ON IT) EXPENSES ARE ACTUAL.
Listing Details MLS# 2430872
Address Information
- Street #
- 2114
- Direction
- N
- Street Name
- Forgeus
- Suffix
- Avenue
- State/Province
- AZ
- Zip Code
- 85716
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 123-02-1140
- Area
- Central
- Subdivision
- New Deal Acres
- Tax Year
- 2003
- Taxes
- 8156
- Assessments
- 0
- Legal Description
- NEW DEAL ACRES LOT 7 & LOT 8 BLOCK 6
- Township
- 14
- Community
- None
- Range
- 14
- Section
- 5
- Municipality/Zoning
- Tucson - R1
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- 230X300
- Lot Acres
- 1.58
- Lot Sqft
- 68825
- Lot Size Source
- Assessor
- Combined SqFt
- 14592
- Year Built
- 1948
- List Price/SqFt
- 85.66
- Lot Size Price/SqFt
- 18.16
Property Features
Construction:
Brick
Main Cooling:
Central Air; Evaporative Cooling
Main Heating:
Wall Furnace
Sewer:
Connected
Water:
Public
Security:
None
Terms:
Conventional
Property Disclosures:
Military Airport Vct
Sold Info:
Financing
Status Change Info
- Off Market Date
- 2005-07-29
- Pending Date
- 2005-04-14
- Sold Date
- 2005-07-29
- Sold Price/SqFt
- 78.81
- Lot Sz Sold Prc/SqFt
- 16.7
- How Sold
- Conventional
More Information
Showing Information
- Directions
- FROM TUCSON & GRANT, EAST TO FORGEUS, SOUTH TO ADDRESS.
Unit Info
- # of Units/1 BR
- 4
- Avg Mo Rent/1 BR
- 440
- # of Units/2 BR
- 18
- Avg Mo Rent/2 BR
- 525
Analysis
- Cap Rate %
- 7.61
- Gross Rent Multi
- 9.4
- Vacancy Rate %
- 4.98
- Exp/SqFt
- 2.58
- Exp % of Gross
- 28.38
Income
- Gross Scheduled Rent
- 133500
- Vacancy Loss
- 6650
- Other Income
- 6027
- Adjusted Gross
- 132877
- Total Expenses
- 37722
- Net Opp Income
- 95155
Expenses
- Admin Expenses
- 248
- Gas/Electric
- 5980
- Insurance
- 6932
- Maintenance Supplies
- 7838
- Taxes/Assessments
- 8156
- Water/Sewer
- 3984
- Other Expenses
- 4584
Interior Features
- Interior Steps
- Yes
Miscellaneous
- Master Elec Meter
- No
- Master Gas Meter
- No
- Master Water Meter
- Yes
- Package Available
- Yes
Construction
- Brick
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Central Air
- Yes
- Evaporative Cooling
- Yes
Main Heating
- Wall Furnace
- Yes
Terms
- Conventional
- Yes
Security
- None
- Yes
Sold Info
- Financing
- Yes
Property Disclosures
- Military Airport Vct
- Yes
Documents
Listing Office:
Rich Realty, Inc.
Last Updated: October - 26 - 2024
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