$230,000
124 W Rillito Street
Tucson, AZ 85705
MLS# 21822313
Status: Closed
3196 sqft


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Property Description
This 4-plex must be purchased with the adjacent identical 4-plex for a total of 8 units. See MLS # 21822301. All units are 2/1 floor plans, 800 sqft, w/ an eat-in kitchen, central AC/Heat, ceramic tile thru-out, private fenced patios and ceiling fans. Off street parking and on site laundry facilities. Over the past few years the owner has completed capital improvements to include ceramic tile in all units, ceiling fans in all bdrms, 7 water heaters have been replaced and new laundry equipment installed. All kitchens, baths and roofs were replaced approximately twelve years ago. Most of the tenants have lived here for multiple years and the landlord has kept their rent low. Rents can easily be raised. Rent survey in the immediate area indicates $650 for similar units. Package is attached.

Details
Maps
Documents
Address Information
Country: USA
Street #: 124
Direction: W
Street Name: Rillito
Suffix: Street
State/Province: AZ
Zip Code: 85705
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2017
Taxes: 2102
Assessments: 0
Taxes For: Dwelling & Land
Legal Description: From Parcel:001010010 /Bronx Park Lot 14 Blk 9
Township: 14
Community: None
Range: 14
Section: 1
Municipality/Zoning: Tucson - O3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 115-05-1310
Area: Central
Subdivision: Bronx Park
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $230,000
Sold Price: $230,000
Listing Date: 2018-08-16
Status: Closed
Status Change Info
Off Market Date: 2018-09-25
Sold Price/SqFt: 71.96
Lot Sz Sold Prc/SqFt: 31.06
How Sold: Conventional
Pending Date: 2018-12-06
Sold Date: 2018-12-07
Sold Price: $230,000
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 50X140
Lot Acres: 0.17
Total Parking: 10
Lot Sqft: 7405
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Cragin
Middle School: Drachman
High School: Tucson
Horse Facilities: No
List Price/SqFt: 82.13
Lot Size Price/SqFt: 35.45
Combined SqFt: 3196
Year Built: 1973
Showing Information
Directions: Grant and Stone North to Rillito west to property
Unit Info
# of Units/2 BR: 4
Avg Mo Rent/2 BR: 590
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 590
# Beds: 2
# Full Baths: 1
SqFt: 800
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Income
Vacancy Loss: 2124
Other Income: 900
Adjusted Gross: 27096
Total Expenses: 8429
Gross Scheduled Rent: 28320
Net Opp Income: 18667
Gas
Natural: 1
Unit 2 Information
Monthly Rent: 590
# Beds: 2
# Full Baths: 1
SqFt: 800
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Gross Rent Multi: 8.49
Vacancy Rate %: 7.5
Exp/SqFt: 2.64
Exp % of Gross: 31.11
Cap Rate %: 8.12
Construction
Slump Block: 1
Unit 3 Information
Monthly Rent: 600
# Beds: 2
# Full Baths: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Actual
Gas/Electric: 791
Insurance: 950
Maintenance Supplies: 1789
Management: 0
Resident Manager: 0
Taxes/Assessments: 2102
Water/Sewer: 2797
Other Expenses: 0
Style
Ranch: 1
Sewer
Connected: 1
Unit 4 Information
Monthly Rent: 600
# Beds: 2
# Full Baths: 1
Roof
Shingle: 1
Water
Public: 1
Living Areas
Living Room: 1
Dining Areas
Eat-In Kitchen: 1
Fence
Block: 1
Dining Room
None: 1
View
Mountain(s): 1
Breakfast
None: 1
Road Type
Chip/Seal: 1
Kitchen Features
Gas Range: 1
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
North/South Exposure: 1
Main Cooling
Central Air: 1
Laundry
Facility: 1
Neighborhood Features
None: 1
Main Heating
Gas Pac: 1
Extra Room
None: 1
Water Heater
Natural Gas: 1
Association & Fees
HOA: No
Interior Features
Ceiling Fan(s): 1
Bathroom Features
Shower & Tub/Hall: 1
Terms
Cash: 1
Conventional: 1
Floor Covering
Ceramic Tile: 1
Submit With Offer
Lender Pre-Approval: 1
Loan Pre-Qualifiaction: 1
Window Covering
Stay: 1
Accessibility Option
None: 1
Technology
Cable TV: 1
Security
None: 1
Sold Info
Seller Concessions: 3550
Landscape - Front
Low Care: 1
Landscape - Rear
None: 1
Patio/Deck
Patio: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Pool
None: 1
Property Disclosures
Lead Based Paint: 1
Seller Prop Disclosure: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
None: 1
RV Parking
Other: none
Exterior Feature
None: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: No
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.248416
Geo Lon: -110.974465
Property Features
Construction: Slump Block
Style: Ranch
Roof: Shingle
Living Areas: Living Room
Dining Areas: Eat-In Kitchen
Dining Room: None
Breakfast: None
Kitchen Features: Gas Range; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: Facility
Extra Room: None
Interior Features: Ceiling Fan(s)
Floor Covering: Ceramic Tile
Window Covering: Stay
Technology: Cable TV
Main Cooling: Central Air
Main Heating: Gas Pac
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Block
Landscape - Front: Low Care
Landscape - Rear: None
View: Mountain(s)
Road Type: Chip/Seal
Driveway: None
Exterior Feature: None
Lot Features: North/South Exposure
Neighborhood Features: None
Terms: Cash; Conventional
Submit With Offer: Lender Pre-Approval; Loan Pre-Qualifiaction
Property Disclosures: Lead Based Paint; Seller Prop Disclosure
Special Conditions: None

IDX
Listing Office: Better Homes & Gardens Real Estate - SJ Fowler

Last Updated: June - 11 - 2025

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.


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