4117 E Bellevue Street, Tucson, AZ 85712

$1,320,000
Property Type: Multi-Family Square Footage: 25,739 Lot Size (sq. ft.): 39 Status: Closed
Current Price: $1,320,000 List Date: 5/19/2017 Last Modified: 12/09/2024

Overview

Description

Great 27 unit complex. All units have AC and one covered parking space. Four older units rent for average of $517.per unit.

Listing Details MLS# 21709821

Address Information

Street #
4117
Direction
E
Street Name
Bellevue
Suffix
Street
State/Province
AZ
Zip Code
85712
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
122-13-110A
Area
Central
Subdivision
Speedway Addition NO. 1
Comparable Only Listing
No
Tax Year
2016
Taxes
15176.32
Assessments
0
Taxes For
Dwelling & Land
Legal Description
speedway no. 1 Lot 3&4 W60' N2 Lot 2 BLK7
Township
14
Community
None
Range
14
Section
3
Municipality/Zoning
Tucson - R2
Fire Protection
None
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Attached/Detached
Detached
Construction Status
Existing
Lot Dimensions
unknown
Lot Acres
0.83
Lot Sqft
36000
Lot Size Source
Assessor
Combined SqFt
25739
Year Built
1987
Total Parking
27
School District
TUSD
Elementary School
Wright
Middle School
Doolen
High School
Catalina
Horse Property
No
Horse Facilities
No
List Price/SqFt
55.75
Lot Size Price/SqFt
39.86

Property Features

Construction: Frame - Stucco Style: Contemporary Roof: Shingle Living Areas: Family Room Dining Areas: Dining in LR/GR Dining Room: Area Breakfast: Area Kitchen Features: Electric Range; Dishwasher; Refrigerator Bathroom Features: Shower & Tub/Hall Laundry: Laundry Closet Extra Room: None Interior Features: Smoke Detector Floor Covering: Carpet; Vinyl Window Covering: None Technology: Cable TV Main Cooling: Central Air Main Heating: Electric; Forced Air Water Heater: Electric Gas: None Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: Community Spa: None Fence: Wood Landscape - Front: Low Care Landscape - Rear: Low Care View: None Road Type: Paved Exterior Feature: None Lot Features: North/South Exposure Neighborhood Features: None Terms: Conventional Submit With Offer: Lender Pre-Approval; Proof of Funds Property Disclosures: Unknown Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

Status Change Info

Off Market Date
2017-05-24
Pending Date
2017-05-24
Sold Date
2017-11-20
Sold Price/SqFt
51.28
Lot Sz Sold Prc/SqFt
36.67
How Sold
Conventional

More Information

Showing Information

Directions
North on Columbus from speedway, West on Bellevue to address.

Unit Info

# of Units/2 BR
27
Avg Mo Rent/2 BR
600
Avg Mo Rent/Studios
0
Avg Mo Rent/1 BR
0
Avg Mo Rent/3 BR
0
Avg Mo Rent/Other
0

Unit 1 Information

Monthly Rent
600
# Beds
54
# Full Baths
27
SqFt
900
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
Carport

Analysis

Cap Rate %
8.22
Gross Rent Multi
7.69
Vacancy Rate %
9.97
Exp/SqFt
2.45
Exp % of Gross
36.72

Income

Gross Scheduled Rent
190560
Vacancy Loss
19000
Adjusted Gross
171560
Total Expenses
63005
Net Opp Income
108555
Other Income
0

Expenses

Contract Services
2160
Gas/Electric
2140
Insurance
4029
Maintenance Supplies
24000
Management
12600
Taxes/Assessments
15176
Water/Sewer
2900
Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Resident Manager
0
Other Expenses
0

Electric

Electric Company
TEP

Utilities Paid

Cable TV
Tenant
Electric
Tenant
Gas
Tenant
Insurance
Owner
Sewer
Tenant
Taxes
Owner
Trash
Owner
Water
Tenant

Driveway

Paved
Asphalt

RV Parking

Other
none

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
No
CC&Rs
No

Home Protection

Offered
No

Miscellaneous

Master Elec Meter
No

Gas

None
Yes

Construction

Frame - Stucco
Yes

Style

Contemporary
Yes

Sewer

Connected
Yes

Roof

Shingle
Yes

Water

Public
Yes

Living Areas

Family Room
Yes

Dining Areas

Dining in LR/GR
Yes

Fence

Wood
Yes

Dining Room

Area
Yes

View

None
Yes

Breakfast

Area
Yes

Road Type

Paved
Yes

Kitchen Features

Electric Range
Yes
Dishwasher
Yes
Refrigerator
Yes

Road Maintenance

City
Yes

Lot Features

North/South Exposure
Yes

Main Cooling

Central Air
Yes

Laundry

Laundry Closet
Yes

Neighborhood Features

None
Yes

Main Heating

Electric
Yes
Forced Air
Yes

Extra Room

None
Yes

Water Heater

Electric
Yes

Association & Fees

HOA
No

Interior Features

Smoke Detector
Yes

Bathroom Features

Shower & Tub/Hall
Yes

Terms

Conventional
Yes

Floor Covering

Carpet
Yes
Vinyl
Yes

Submit With Offer

Lender Pre-Approval
Yes
Proof of Funds
Yes

Window Covering

None
Yes

Accessibility Option

None
Yes

Technology

Cable TV
Yes

Security

None
Yes

Sold Info

Seller Concessions
0

Landscape - Front

Low Care
Yes

Landscape - Rear

Low Care
Yes

Patio/Deck

None
Yes

Pool

Community
Yes

Property Disclosures

Unknown
Yes

Spa

None
Yes

Special Conditions

None
Yes

Exterior Feature

None
Yes
Listing Office: D.L. White Real Estate, Inc.
IDX
Last Updated: December - 09 - 2024
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