638 E Lester Street, Tucson, AZ 85705
$1,400,000
Property Type:
Multi-Family
Square Footage:
9,072
Lot Size (sq. ft.):
81
Status:
Closed
Current Price:
$1,400,000
List Date:
5/20/2017
Last Modified:
12/09/2024
Overview
Description
Listing Details MLS# 21713753
Address Information
- Street #
- 638
- Direction
- E
- Street Name
- Lester
- Suffix
- Street
- State/Province
- AZ
- Zip Code
- 85705
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 115-02-141D
- Area
- Central
- Subdivision
- Tucson Heights Amended
- Comparable Only Listing
- No
- Tax Year
- 2016
- Taxes
- 7374
- Assessments
- 0
- Legal Description
- TUCSON HEIGHTS AMENDED LOTS 1 & 2 BLK 24
- Township
- 14
- Community
- None
- Range
- 13
- Section
- Yes
- Municipality/Zoning
- Tucson - R2
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- Unknown
- Lot Acres
- 0.41
- Lot Sqft
- 17860
- Lot Size Source
- Assessor
- Combined SqFt
- 9072
- Year Built
- 2008
- List Price/SqFt
- 159.83
- Lot Size Price/SqFt
- 81.19
Property Features
Construction:
Frame - Stucco
Main Cooling:
Central Air
Main Heating:
Electric; Forced Air
Sewer:
Connected
Water:
Public
Security:
Window Bars
Terms:
Cash; Conventional
Property Disclosures:
Unknown
Contract Information
- Distressed Info
- None
Status Change Info
- Off Market Date
- 2017-05-20
- Pending Date
- 2017-05-20
- Sold Date
- 2017-05-22
- Sold Price/SqFt
- 154.32
- Lot Sz Sold Prc/SqFt
- 78.39
- How Sold
- Conventional
More Information
Showing Information
- Directions
- From Speedway and Euclid. North to Lester. West to address.
Unit Info
- # of Units/3 BR
- 2
- Avg Mo Rent/3 BR
- 1950
- # of Units/Other
- 4
- Avg Mo Rent/Other
- 2600
- Avg Mo Rent/Studios
- 0
- Avg Mo Rent/1 BR
- 0
- Avg Mo Rent/2 BR
- 0
Analysis
- Cap Rate %
- 9.22
- Gross Rent Multi
- 8.16
- Exp/SqFt
- 4.68
- Exp % of Gross
- 24.77
- Vacancy Rate %
- 0
Income
- Gross Scheduled Rent
- 171600
- Adjusted Gross
- 171600
- Total Expenses
- 42497
- Net Opp Income
- 129103
- Vacancy Loss
- 0
- Other Income
- 0
Expenses
- Admin Expenses
- 365
- Capital Expenses
- 3000
- Insurance
- 2016
- Maintenance Supplies
- 7000
- Management
- 17160
- Taxes/Assessments
- 7394
- Water/Sewer
- 5312
- Other Expenses
- 250
- Figures Presented
- Proforma
- Contract Services
- 0
- Gas/Electric
- 0
- Resident Manager
- 0
Interior Features
- Interior Steps
- No
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
- Window Bars
- Yes
Sold Info
- Seller Concessions
- 0
Property Disclosures
- Unknown
- Yes
Listing Office:
Tucson Integrity Realty, LLC
Last Updated: December - 09 - 2024
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