3622 E 4Th Street, Tucson, AZ 85716

$1,370,000
Property Type: Multi-Family Square Footage: 11,676 Lot Size (sq. ft.): 38 Status: Closed
Current Price: $1,370,000 List Date: 3/02/2017 Last Modified: 12/09/2024

Overview

Description

Unique 12 one and 2 story casita all 2 br 2 bath units. Polished concrete floors. all have fireplaces, dishwashers, washer/dryer hook ups, Some do include washer/dryer's. A/C, celling fans in most rooms, Private fenced yards, 2 car carports for each unit. ALL UNITS SEPARATELY METERED FOR GAS,ELECTRIC,WATER,SEWER & TRASH. all #'s are actual. 100% occupied.

Listing Details MLS# 21623815

Address Information

Street #
3622
Direction
E
Street Name
4Th
Suffix
Street
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
125-11-2230
Area
Central
Subdivision
Speedway View Addition
Tax Year
2016
Taxes
11029.84
Assessments
0
Legal Description
Speedway View Lot 3 Blk 8
Township
14
Community
None
Range
14
Section
9
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
132.6 x 184
Lot Acres
0.91
Lot Sqft
39639
Lot Size Source
Assessor
Combined SqFt
11676
Year Built
1997
List Price/SqFt
129.33
Lot Size Price/SqFt
38.09

Property Features

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

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2017-03-13
Pending Date
2017-03-13
Sold Date
2017-04-25
Sold Price/SqFt
117.33
Lot Sz Sold Prc/SqFt
34.56
How Sold
Cash

More Information

Showing Information

Directions
Alvernon/4th West to address

Unit Info

# of Units/2 BR
12
Avg Mo Rent/2 BR
927.5
Avg Mo Rent/Studios
0
Avg Mo Rent/1 BR
0
Avg Mo Rent/3 BR
0
Avg Mo Rent/Other
0

Analysis

Cap Rate %
6.89
Gross Rent Multi
10.68
Vacancy Rate %
4
Exp/SqFt
2.9
Exp % of Gross
26.4

Income

Gross Scheduled Rent
133560
Vacancy Loss
5342
Adjusted Gross
128218
Total Expenses
33854
Net Opp Income
94364
Other Income
0

Expenses

Admin Expenses
1000
Contract Services
1200
Insurance
2343
Maintenance Supplies
6000
Management
8882
Taxes/Assessments
11029
Other Expenses
3400
Figures Presented
Actual
Capital Expenses
0
Gas/Electric
0
Resident Manager
0
Water/Sewer
0

Interior Features

Interior Steps
Yes

Miscellaneous

Package Available
Yes

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

Sold Info

Seller Concessions
0

Property Disclosures

Military Airport Vct
Yes
Listing Office: Long Realty Company
IDX
Last Updated: December - 09 - 2024
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