2559 N Tucson Boulevard, Tucson, AZ 85716

$1,100,000
Property Type: Multi-Family Square Footage: 15,502 Lot Size (sq. ft.): 45 Status: Closed
Current Price: $1,100,000 List Date: 2/13/2013 Last Modified: 12/07/2024

Overview

Description

Always rented: Beautiful 9 CAP with Balcony/Patio, Dishwasher, Pool...10 Covered parking + 16 Surface (Ratio of 1.00/1,000 SF). Includes 10,000 sf lot 112-06-4220.

Listing Details MLS# 21304280

Address Information

Street #
2559
Direction
N
Street Name
Tucson
Suffix
Boulevard
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
112-06-4230
Area
Central
Subdivision
Unsubdivided
Tax Year
2012
Taxes
12479
Assessments
0
Legal Description
Two parcels.
Township
13
Community
None
Range
14
Section
32
Municipality/Zoning
Tucson - R3
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
irreg long legal
Lot Acres
0.68
Lot Sqft
29543
Lot Size Source
Assessor
Combined SqFt
15502
Year Built
1986
List Price/SqFt
87.09
Lot Size Price/SqFt
45.7

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Heat Pump Sewer: Connected Water: Public Security: None Terms: Cash; Conventional Property Disclosures: Unknown

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2013-06-12
Pending Date
2013-06-12
Sold Date
2013-06-17
Sold Price/SqFt
70.96
Lot Sz Sold Prc/SqFt
37.23
How Sold
Cash

More Information

Showing Information

Directions
Just North of Grant.

Unit Info

# of Units/1 BR
24
Avg Mo Rent/1 BR
485
# of Units/2 BR
2
Avg Mo Rent/2 BR
495
Avg Mo Rent/Studios
0
Avg Mo Rent/3 BR
0
Avg Mo Rent/Other
0

Analysis

Cap Rate %
8.44
Gross Rent Multi
8.91
Exp/SqFt
2.43
Exp % of Gross
24.81
Vacancy Rate %
0

Income

Gross Scheduled Rent
151560
Adjusted Gross
151560
Total Expenses
37599
Net Opp Income
113961
Vacancy Loss
0
Other Income
0

Expenses

Contract Services
1320
Gas/Electric
5400
Insurance
10000
Taxes/Assessments
12479
Water/Sewer
8400
Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Maintenance Supplies
0
Management
0
Resident Manager
0
Other Expenses
0

Interior Features

Interior Steps
Yes

Sold Info

Down Payment
1100000

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes

Main Heating

Heat Pump
Yes

Terms

Cash
Yes
Conventional
Yes

Security

None
Yes

Property Disclosures

Unknown
Yes
Listing Office: Keller Williams Southern Arizona
IDX
Last Updated: December - 07 - 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.