3168-3178 E 4th Street, Tucson, AZ 85716

$1,225,000
Property Type: Multi-Family Square Footage: 9,486 Lot Size (sq. ft.): 72 Status: Closed
Current Price: $1,225,000 List Date: 9/20/2016 Last Modified: 12/09/2024

Overview

Description

http://apexaz.com/casabelleza/ Modern living nestled in the heart of Tucson with exceptional value. These high quality modern townhomes are conveniently located near the University of Arizona campus. At Casa Belleza, it’s about lifestyle. These stunning, newly built two story town homes were built in 2011 and offer three bedrooms and three baths. Located just 1.3 miles from The University of Arizona on the 3rd Street Bike Path, Casa Belleza is an exceptional investment for higher end rentals. Nestled within the heart of Tucson, Casa Bellaza is steps from various locations including the El Con Mall, Whole Foods, and Rincon Market.

Listing Details MLS# 21625327

Address Information

Street #
3168-3178
Direction
E
Street Name
4th
St Suffix
Street
State
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Assessor #
125-14-0790
Area
Central
Subdivision/Neighborhood
4th Street RCP
Tax Year
2015
Taxes
2183.71
Assessments
0
Legal Description
4Th Street Rcp Lot 1 through Lot 6
Township
14
Range
14
Section
9
Municipality/Zoning
Tucson - R3
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
180 x 99.98 x 180 x x99.98
Lot Sqft
17996
Lot Size Source
Assessor
LivingArea
9486
Year Built
2011
Lot Acres
0.41
List Price/SqFt
137.04
Lot Size Price/SqFt
72.24

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Forced Air Sewer: Connected Terms: Cash

Contract Information

Listing Price
1300000
Distressed Info
None

Status Change Info

Off Market Date
2016-12-12
Under Contract Date
2017-01-17
Sold Date
2017-01-26
Sold Price/SqFt
129.14
How Sold
Cash
Lot Sz Sold Prc/SqFt
68.07

More Information

Showing Information

Directions
Country Club/Speedway - S on Country Club, E on 4th St to address on right side of street

Analysis

CAPRate
7.12
Gross Rent Multi
9.69
Vacancy Rate %
2.5
Exp % of Gross
30.94
Exp/SqFt
4.12

Income

GrossScheduledIncome
129600
Vacancy Loss
3240
Adjusted Gross
126360
Total Expenses
39100
NetOperatingIncome
87260
Other Income
0

Expenses

Insurance
3426
Management
12168
Other Expenses
4718
Figures Presented
Actual
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
3119
Maintenance Supplies
0
Resident Manager
0
Taxes/Assessments
13603
Water/Sewer
2066

Interior Features

Interior Steps
Yes

Unit Info

Avg Mo Rent/Studios
0
Avg Mo Rent/1 BR
0
Avg Mo Rent/2 BR
0
# of Units/3 BR
6
Avg Mo Rent/3 BR
1800
Avg Mo Rent/Other
0

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes

Main Heating

Electric
Yes
Forced Air
Yes

Terms

Cash
Yes
Conventional
Yes

Security

None
Yes

Sold Info

Seller Concessions
0

Property Disclosures

Military Airport Vct
Yes
IDX
Listing Office: Keller Williams Southern Arizona
Last Updated: December - 09 - 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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