$139,900
Tucson, AZ 85705
MLS# 21910392
Status: Closed
2000 sqft
1 / 7
Property Description
Cash Flow... Great ROI... Income property is producing and there is room for more. This multi-unit is operating at about 80%, with a few improvements is can be at 100% and generate even more cash. Seller will not improve, upgrade or repair any portion of the property. Allowances have been made for overall condition of property in the list price. 3 tax codes:115 05 0680, 115 05 0690, 115 05 070B. OCB with 90k down.
Details
Maps
Documents
Address Information
Street #: 203
Direction: W
Street Name: Sahuaro
Suffix: Street
State/Province: AZ
Zip Code: 85705
County: Pinal
Country: USA
Location, Tax & Legal
Tax Code: 115-05-0680
Comparable Only Listing: No
Tax Year: 2017
Taxes: 1800
Taxes For: Dwelling & Land
Legal Description: Lots 10 and 11 and the East 5 (Five) feet of Lot 12 in Block 5 of Bronx Park Addition to the City of Tucson, Pima County
Area: Central
Subdivision: Bronx Park Addition
Township: 14
Range: 13
Section: 1
Municipality/Zoning: Tucson - O3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Community: None
Contract Information
Current Price: $118,000
List Price: $139,900
Listing Date: 2019-04-15
Status: Closed
Co-Op Fee: 3.0%
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2019-06-17
Pending Date: 2019-07-11
Sold Date: 2019-07-12
Sold Price: 118000
Sold Price/SqFt: 59
Lot Sz Sold Prc/SqFt: 7.46
How Sold: Other
Showing Information
Directions: From Oracle and Grant E on Grant S on 11th Ave E on Sahuaro to address on N side of street.
General Property Information
Dwelling Type: 4 Plex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 104x152
Lot Acres: 0.35
Lot Sqft: 15808
Lot Size Source: Assessor
Combined SqFt: 2000
Year Built: 1935
Total Parking: 6
School District: Amphitheater
Elementary School: Keeling
Middle School: Amphitheater
High School: Amphitheater
Horse Property: No
Horse Facilities: No
List Price/SqFt: 69.95
Lot Size Price/SqFt: 8.85
Remarks & Misc
Geo Lat: 32.249488
Geo Lon: -110.975342
Unit Info
# of Units/Studios: 1
# of Units/2 BR: 3
Unit 1 Information
Monthly Rent: 1100
# Full Baths: 2
SqFt: 640
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 600
# Beds: 2
# Full Baths: 1
SqFt: 748
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 600
# Beds: 2
# Full Baths: 1
SqFt: 400
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 4 Information
Monthly Rent: 650
# Beds: 2
# Full Baths: 1
SqFt: 471
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 17.06
Gross Rent Multi: 3.53
Vacancy Rate %: 5.65
Exp/SqFt: 6.64
Exp % of Gross: 39.73
Income
Gross Scheduled Rent: 35400
Vacancy Loss: 2000
Adjusted Gross: 33400
Total Expenses: 13271
Net Opp Income: 20129
Expenses
Gas/Electric: 4936
Insurance: 800
Maintenance Supplies: 2000
Taxes/Assessments: 1800
Water/Sewer: 3735
Figures Presented: Actual
Kitchen Features
Appliance Color: Black
Oven: electric range
Main Cooling
Other: mini split heat/cool
Main Heating
Other: Mini split heat/cool
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Owner
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
RV Parking
Other: none
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No
Association & Fees
HOA: No
Submit With Offer
Digital Signatures: Yes
Home Protection
Offered: No
Property Features
Construction: Concrete Block; Frame; Frame - Stucco
Style: Ranch
Roof: Built-Up - Reflect
Living Areas: None
Dining Areas: Dining in LR/GR
Dining Room: None
Breakfast: None
Bathroom Features: None
Laundry: None
Extra Room: None
Interior Features: Ceiling Fan(s)
Floor Covering: Ceramic Tile; Concrete
Window Covering: None
Technology: Cable TV; Telephone
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: City Water
Accessibility Option: None
Security: None
Patio/Deck: Covered
Pool: None
Spa: None
Fence: Wood
Landscape - Front: None
Landscape - Rear: None
View: None
Road Type: Paved
Driveway: Car(s) Pad
Exterior Feature: None
Lot Features: Adjacent to Alley
Neighborhood Features: None
Assoc Amenities: None
Terms: Cash; Owner Carry
Submit With Offer: Proof of Funds
Property Disclosures: Leases
Special Conditions: Fix Up; No Insurance Claims History Report; Property Sold As-Is
Lead Paint Discl Listing Office: eXp Realty
Last Updated: August - 23 - 2019
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