$268,000
Tucson, AZ 85705
MLS# 21130113
Status: Closed
5771 sqft
1 / 7
Property Description
Total of 8 casitas, apartments and a spacious charming house. Short drive/bike to UofA. Long time owner retiring. Seller may carry with 25% down (71,250) at 6% Int. 20 year amort. ($1532 PI), plug in 40% expense ratio - ($2055) equals $1083.mo cash flow and a 18% cash on cash return ($12,996 per year). Rents Actual, Expenses Projected.
Details
Maps
Address Information
Country: USA
Street #: 2528
Direction: N
Street Name: Fontana
Suffix: Avenue
State/Province: AZ
Zip Code: 85705
County: Pima
Location, Tax & Legal
Tax Year: 2011
Taxes: 3643
Assessments: 0
Legal Description: Coronado Heights Lot 6 Exc. S 60 W170' Blk 51.
Township: 13
Community: None
Range: 13
Section: 36
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
Tax Code: 107-14-0570
Area: Central
Subdivision: Coronado Heights
Contract Information
Distressed Info: None
Current Price: $268,000
Sold Price: $268,000
Listing Date: 2011-11-23
Status: Closed
Status Change Info
Off Market Date: 2012-02-22
Sold Price/SqFt: 46.44
Lot Sz Sold Prc/SqFt: 10.39
How Sold: Cash Owner Carryback
Pending Date: 2012-03-30
Sold Date: 2012-03-30
Sold Price: $268,000
General Property Information
Lot Dimensions: Irregular
Lot Acres: 0.59
Lot Sqft: 25800
Lot Size Source: Assessor
List Price/SqFt: 49.38
Lot Size Price/SqFt: 11.05
Combined SqFt: 5771
Year Built: 1957
Showing Information
Directions: Glenn/Campbell - W Fontana S.
Unit Info
# of Units/Studios: 1
Avg Mo Rent/Studios: 395
# of Units/1 BR: 2
Avg Mo Rent/1 BR: 562
# of Units/2 BR: 5
Avg Mo Rent/2 BR: 660
Avg Mo Rent/3 BR: 0
Avg Mo Rent/Other: 0
Income
Vacancy Loss: 0
Other Income: 0
Adjusted Gross: 56040
Total Expenses: 8477
Gross Scheduled Rent: 56040
Net Opp Income: 47563
Analysis
Gross Rent Multi: 5.09
Vacancy Rate %: 0
Exp/SqFt: 1.47
Exp % of Gross: 15.13
Cap Rate %: 16.69
Construction
Slump Block: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 2490
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 3643
Water/Sewer: 2344
Other Expenses: 0
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Interior Features
Interior Steps: No
Terms
Cash: 1
Submit: 1
Security
None: 1
Property Disclosures
Lead Based Paint: 1
Miscellaneous
Master Elec Meter: No
Master Gas Meter: No
Master Water Meter: Yes
Package Available: No
Remarks Misc
Geo Lat: 32.253135
Geo Lon: -110.966979
Property Features
Construction: Slump Block
Main Cooling: Central Air; Evaporative Cooling
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Submit
Property Disclosures: Lead Based Paint
Listing Office: Tierra Antigua Realty
Last Updated: September - 09 - 2026
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