3653 E 2nd Street, Tucson, AZ 85716
$1,050,000
Property Type:
Multi-Family
Square Footage:
15,056
Lot Size (sq. ft.):
31
Status:
Closed
Current Price:
$1,050,000
List Date:
1/25/2005
Last Modified:
10/26/2024
Overview
Description
29 one-bedroom one-bath units with pool, laundry, fitness room, free internet and cable. Always 100% occupied. Great Investment Opportunity! This property will not last. GO!
Listing Details MLS# 2502335
Address Information
- Street #
- 3653
- Direction
- E
- Street Name
- 2nd
- Suffix
- Street
- State/Province
- AZ
- Zip Code
- 85716
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 125-11-0810
- Area
- Central
- Subdivision
- Speedway View Addition
- Tax Year
- 2003
- Taxes
- 10235
- Assessments
- 0
- Legal Description
- Speedway View Lot 9 Exc N25'Thereof Blk 2
- Township
- 14
- Community
- None
- Range
- 14
- Section
- 9
- Municipality/Zoning
- Tucson - R3
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- 275x132.6
- Lot Acres
- 0.84
- Lot Sqft
- 36465
- Lot Size Source
- Assessor
- Combined SqFt
- 15056
- Year Built
- 1978
- List Price/SqFt
- 75.72
- Lot Size Price/SqFt
- 31.26
Property Features
Construction:
Frame; Steel Frame
Main Cooling:
Central Air; Evaporative Cooling
Main Heating:
Forced Air; Natural Gas
Sewer:
Connected
Water:
Public
Neighborhood Features:
Gated Community
Terms:
Conventional
Property Disclosures:
Unknown
Sold Info:
Financing
Status Change Info
- Off Market Date
- 2005-03-22
- Pending Date
- 2005-01-24
- Sold Date
- 2005-03-22
- Sold Price/SqFt
- 69.73
- Lot Sz Sold Prc/SqFt
- 28.79
- How Sold
- Conventional
More Information
Showing Information
- Directions
- Speedway/Dodge S on Dodge to 2nd Street W on 2nd Street to address.
Unit Info
- # of Units/1 BR
- 29
- Avg Mo Rent/1 BR
- 425
Analysis
- Cap Rate %
- 6.44
- Gross Rent Multi
- 7.86
- Vacancy Rate %
- 2
- Exp/SqFt
- 4.74
- Exp % of Gross
- 49.33
Income
- Gross Scheduled Rent
- 147900
- Vacancy Loss
- 2958
- Adjusted Gross
- 144942
- Total Expenses
- 71514
- Net Opp Income
- 73428
Expenses
- Contract Services
- 5858
- Gas/Electric
- 7366
- Insurance
- 5844
- Maintenance Supplies
- 19824
- Management
- 7400
- Taxes/Assessments
- 10235
- Water/Sewer
- 6000
- Other Expenses
- 8987
Interior Features
- Interior Steps
- No
Miscellaneous
- Master Elec Meter
- No
- Master Gas Meter
- No
- Master Water Meter
- Yes
- Package Available
- No
Construction
- Frame
- Yes
- Steel Frame
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Central Air
- Yes
- Evaporative Cooling
- Yes
Neighborhood Features
- Gated Community
- Yes
Main Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Terms
- Conventional
- Yes
Sold Info
- Financing
- Yes
Property Disclosures
- Unknown
- Yes
Listing Office:
S.J. Fowler/GMAC Real Estate
Last Updated: October - 26 - 2024
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