225 E Jacinto Street, Tucson, AZ 85705

$1,100,000
Property Type: Multi-Family Square Footage: 5,085 Lot Size (sq. ft.): 95 Status: Closed
Current Price: $1,100,000 List Date: 9/05/2021 Last Modified: 12/14/2024

Overview

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.

Listing Details MLS# 22122651

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
Tax Year
2020
Taxes
4688.92
Assessments
0
Taxes For
Dwelling & Land
Legal Description
Coronado Heights E100' Lot 10 Blk 45
Township
13
Community
None
Range
13
Section
36
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

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

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

Contract Information

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/SqFt
216.32
Lot Sz Sold Prc/SqFt
91.67
How Sold
Conventional

More Information

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
Vacancy Rate %
0

Income

Gross Scheduled Rent
99000
Other Income
2250
Adjusted Gross
101250
Total Expenses
9114.71
Net Opp Income
92135.29
Vacancy Loss
0

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
Capital Expenses
0
Management
0
Resident Manager
0

Kitchen Features

Appliance Color
Stainless
Microwave
Built-in
Desk
Yes
Double Sink
Yes
Electric Range
Yes
Lazy Susan
Yes
Dishwasher
Yes
Disposal
Yes
Refrigerator
Yes

Interior Features

Interior Steps
Yes
Ceiling Fan(s)
Yes
Skylights
Yes
Smoke Detector
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet(s)
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
Lender Pre-Approval
Yes
Loan Pre-Qualifiaction
Yes
Proof of Funds
Yes

Home Protection

Offered
No

Sold Info

Seller Paid Repairs
1500
Seller Concessions
0

Gas

None
Yes

Construction

Frame - Stucco
Yes

Style

Contemporary
Yes

Sewer

Connected
Yes

Roof

Shingle
Yes

Water

Public
Yes

Living Areas

Living Room
Yes

Dining Areas

Dining in LR/GR
Yes
Eat-In Kitchen
Yes

Fence

Wood
Yes

Dining Room

Area
Yes

View

None
Yes

Breakfast

Area
Yes

Road Type

Paved
Yes

Road Maintenance

City
Yes

Lot Features

North/South Exposure
Yes

Main Cooling

Ceiling Fan(s)
Yes
Zoned
Yes

Laundry

Laundry Closet
Yes
Dryer Included
Yes
Washer Included
Yes

Neighborhood Features

None
Yes

Main Heating

Electric
Yes
Zoned
Yes

Extra Room

None
Yes

Water Heater

Electric
Yes

Association & Fees

HOA
No

Bathroom Features

Dual Sinks/Primary
Yes
Dual Sinks/Hall
Yes
Shower & Tub/Primary
Yes
Shower & Tub/Hall
Yes

Terms

Cash
Yes
Conventional
Yes

Floor Covering

Carpet
Yes
Ceramic Tile
Yes
Concrete
Yes

Window Covering

Stay
Yes

Accessibility Option

None
Yes

Window Features

Double Pane Windows
Yes

Technology

Alarm System
Yes
Cable TV
Yes
High Speed Internet
Yes

Security

Alarm Installed
Yes
Closed Circuit Camera(s)
Yes

Green Features

Bath Exhaust Out
Yes

Landscape - Front

Low Care
Yes

Landscape - Rear

Low Care
Yes

Patio/Deck

Balcony
Yes
Covered
Yes
Deck
Yes
Patio
Yes

Pool

None
Yes

Property Disclosures

Insurance Claims History Report
Yes
Seller Prop Disclosure
Yes

Spa

None
Yes

Special Conditions

None
Yes

RV Parking

Space Available
Yes

Exterior Feature

Courtyard
Yes
Listing Office: Tierra Antigua Realty
IDX
Last Updated: December - 14 - 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.
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