$180,000
Tucson, AZ 85714
MLS# 21601598
Status: Closed
5832 sqft
1 / 1
Property Description
The Charming Apts. 13 fix-up units PRICED TO SELL with GREAT seller financing offered. Approximately 7 rentable units. This is ideal for an industrious buyer wanting cash flow or a non-profit organization for specific needs housing. No effort has been made to rent vacant units for several months. Property needs a new roof.SELLER FINANCING WITH 30% DOWNPAYMENT (WITH PERSONAL LIABILITY) 6% INTEREST 30 YR. AMORTIZATION 7 YEAR BALLOON.
Details
Maps
Address Information
Country: USA
Street #: 1347
Direction: E
Street Name: Benson
Suffix: Highway
Post Direction: E
State/Province: AZ
Zip Code: 85714
County: Pima
Location, Tax & Legal
Tax Year: 2015
Taxes: 3131.58
Assessments: 0
Legal Description: Cntrl Ptn. N2 NW4 NE4&509.9'Sely from W line of NE 4.64 Ac Sec.31-14-14
Township: 13
Community: None
Range: 14
Section: 14
Municipality/Zoning: Tucson - C2
Fire Protection: Included in Taxes
Tax Code: 132-16-0360
Area: South
Subdivision: Unsubdivided
Contract Information
Distressed Info: None
Current Price: $180,000
Sold Price: $180,000
Listing Date: 2016-01-12
Status: Closed
Status Change Info
Off Market Date: 2016-03-17
Sold Price/SqFt: 30.86
Lot Sz Sold Prc/SqFt: 6.41
How Sold: Cash Owner Carryback
Pending Date: 2016-04-25
Sold Date: 2016-04-25
Sold Price: $180,000
General Property Information
Lot Dimensions: 100x281
Lot Acres: 0.65
Lot Sqft: 28100
Lot Size Source: Assessor
List Price/SqFt: 42.87
Lot Size Price/SqFt: 8.9
Combined SqFt: 5832
Year Built: 1977
Showing Information
Directions: Kino Parkway/ Benson Hwy east to address
Unit Info
# of Units/Studios: 3
Avg Mo Rent/Studios: 300
# of Units/1 BR: 6
Avg Mo Rent/1 BR: 475
# of Units/2 BR: 4
Avg Mo Rent/2 BR: 550
Avg Mo Rent/3 BR: 0
Avg Mo Rent/Other: 0
Income
Vacancy Loss: 7140
Other Income: 316
Adjusted Gross: 64576
Total Expenses: 28482
Gross Scheduled Rent: 71400
Net Opp Income: 36094
Analysis
Gross Rent Multi: 2.79
Vacancy Rate %: 10
Exp/SqFt: 4.88
Exp % of Gross: 44.11
Cap Rate %: 20.05
Construction
Slump Block: 1
Expenses
Admin Expenses: 400
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 2000
Insurance: 3000
Maintenance Supplies: 5000
Management: 3800
Resident Manager: 7150
Taxes/Assessments: 3132
Water/Sewer: 4000
Other Expenses: 0
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Terms
Cash: 1
Owner Carry: 1
Security
None: 1
Sold Info
Selling Comments: AS IS SALE
Property Disclosures
Unknown: 1
Miscellaneous
Master Water Meter: Yes
Package Available: Yes
Remarks Misc
Geo Lat: 32.176791
Geo Lon: -110.950455
Property Features
Construction: Slump Block
Main Cooling: Central Air; Evaporative Cooling
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Owner Carry
Property Disclosures: Unknown
Listing Office: Tierra Antigua Realty
Last Updated: September - 09 - 2026
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