4444 E Fairmount Street, Tucson, AZ 85712
$1,605,000
Property Type:
Multi-Family
Square Footage:
26,545
Lot Size (sq. ft.):
19
Status:
Closed
Current Price:
$1,605,000
List Date:
5/04/2016
Last Modified:
9/03/2025
Overview
Description
Nice established 7 building centrally located complex on a corner lot. Individually metered for electric. Many amenities: Pool, Laundry Room, on-site office for property manager, single story, evaporative cooled. Majority of units remodeled w/tile and carpet in bedrooms.
Listing Details MLS# 21608295
Address Information
- Street #
- 4444
- Direction
- E
- Street Name
- Fairmount
- Suffix
- Street
- State/Province
- AZ
- Zip Code
- 85712
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 122-12-076A
- Area
- Central
- Subdivision
- Speedway
- Tax Year
- 2015
- Taxes
- 17299
- Assessments
- 0
- Legal Description
- Speedway N200' Lot 6 EXC SPDRL $% ALL of Lots 7 & 8 Blk 6
- Township
- 14
- Community
- None
- Range
- 14
- Section
- 3
- Municipality/Zoning
- Tucson - R2
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- 337 x 175 x 120 x 20 x 30
- Lot Acres
- 2.2
- Lot Sqft
- 95832
- Lot Size Source
- Assessor
- Combined SqFt
- 26545
- Year Built
- 1977
- List Price/SqFt
- 71.54
- Lot Size Price/SqFt
- 19.82
Property Features
Construction:
Frame
Main Cooling:
Central Air; Evaporative Cooling
Main Heating:
Baseboard
Sewer:
Connected
Water:
Public
Security:
None
Terms:
Cash; Conventional
Contract Information
- Distressed Info
- None
Status Change Info
- Off Market Date
- 2016-05-09
- Pending Date
- 2016-08-01
- Sold Date
- 2016-08-03
- Sold Price/SqFt
- 60.46
- Lot Sz Sold Prc/SqFt
- 16.75
- How Sold
- Conventional
More Information
Showing Information
- Directions
- Speedway to Swan, North to Fairmount, West to address. Corner of Fairmount & Catalina
Unit Info
- # of Units/Studios
- 10
- Avg Mo Rent/Studios
- 400
- # of Units/1 BR
- 10
- Avg Mo Rent/1 BR
- 450
- # of Units/2 BR
- 33
- Avg Mo Rent/2 BR
- 575
- Avg Mo Rent/3 BR
- 0
- Avg Mo Rent/Other
- 0
Analysis
- Cap Rate %
- 10.49
- Gross Rent Multi
- 6.67
- Vacancy Rate %
- 5
- Exp/SqFt
- 2.72
- Exp % of Gross
- 30.04
Income
- Gross Scheduled Rent
- 251000
- Vacancy Loss
- 12550
- Other Income
- 2200
- Adjusted Gross
- 240650
- Total Expenses
- 72300
- Net Opp Income
- 168350
Expenses
- Contract Services
- 1800
- Gas/Electric
- 2000
- Insurance
- 7000
- Maintenance Supplies
- 12000
- Management
- 15000
- Taxes/Assessments
- 17300
- Water/Sewer
- 15000
- Other Expenses
- 2200
- Figures Presented
- Actual
- Admin Expenses
- 0
- Capital Expenses
- 0
- Resident Manager
- 0
Sold Info
- Seller Paid Repairs
- 170000
Miscellaneous
- Master Water Meter
- Yes
- Package Available
- Yes
Construction
- Frame
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Central Air
- Yes
- Evaporative Cooling
- Yes
Main Heating
- Baseboard
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Security
- None
- Yes
Documents
Lead Paint Discl ›
Listing Office:
Long Realty
Last Updated: September - 03 - 2025
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