$480,000
Tucson, AZ 85716
MLS# 22001504
Status: Closed
4969 sqft
1 / 13
Property Description
Great opportunity to purchase two masonary triplexes on two separate tax codes with one water meter. All units are 2 bedroom 1 bath with private yards, washer/dryer hookups, carports and all but one has central HVAC. Seller has invested over $68,000 in improvements since April 2018.. This includes 5 new HVAC units, roofs and remodeling 4 apartments. Property is 100% occupied and currently grossing $4510.00 per month. Units rent from $640 (no AC) to $825 per unit. Low maintenance exterior. Rents actual. Expenses proforma. Includes 2643 N. Dodge Tax code 111-08-078B. Property sold ''as is''.
Details
Maps
Address Information
Country: USA
Street #: 2633
Direction: N
Street Name: Dodge
Suffix: Boulevard
State/Province: AZ
Zip Code: 85716
County: Pima
Location, Tax & Legal
Tax Year: 2018
Taxes: 3962
Assessments: 0
Taxes For: Building & Land
Legal Description: Grantland Acres N132' S150' E70' Lot 2 & S65' Lot 1 & S18' Lot 2
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 111-08-077A
Area: Central
Contract Information
Method of Title: Fee (Simple)
Short Sale: No
Current Price: $480,000
Sold Price: $480,000
Listing Date: 2020-01-16
Status: Closed
Status Change Info
Off Market Date: 2020-02-21
Sold Price/SqFt: 96.6
Lot Sz Sold Prc/SqFt: 26.24
Financing: Cash
Pending Date: 2020-03-10
Sold Date: 2020-03-10
Sold Price: $480,000
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 6
Lot Dimensions: 2 parcels- irregular configuration
Lot Acres: 0.42
Total Parking: 12
Lot Sqft: 18296
Multi-Tenant: Yes
Lot Size Source: Assessor
Source of SqFt: Assessor
Leasable SqFt: 4969
List Price/SqFt: 96.6
Lot Size Price/SqFt: 26.24
Year Built: 1979
Combined SqFt: 4969
Showing Information
Directions: Fort Lowell/Dodge S. to address
Electric
Electric Company: TEP
Income
Vacancy Loss: 2706
Other Income: 0
Adjusted Gross: 51414
Total Expenses: 18935
Gross Scheduled Rent: 54120
Net Opp Income: 32479
Gas
None: 1
Analysis
Gross Rent Multi: 9.34
Vacancy Rate %: 5
Exp/SqFt: 3.81
Exp % of Gross: 36.83
Cap Rate %: 6.77
Construction
Slump Block: 1
Expenses
Admin Expenses: 0
Captial Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 3000
Maintenance Supplies: 3500
Management: 4113
Resident Manager: 0
Taxes/Assessments: 3962
Water/Sewer: 4200
Other Expenses: 160
Sewer
Connected: 1
Unit Information
Apartment: Low Rise
Apartment Unit Information
Avg Mo Rent/2 BR: 751
Roof
Built-Up: 1
Water
Public: 1
Fence
Chain Link: 1
Road Type
Paved: 1
Lot Features
Adjacent to Alley: 1
Main Cooling
Central Air: 1
Main Heating
Electric: 1
Forced Air: 1
Water Heater
Electric: 1
Terms
Cash: 1
Conventional: 1
Submit With Offer
Digital Signature Accepted: 1
Earnest Check: 1
Income Property Addendum: 1
Proof of Funds: 1
Security
None: 1
Sold Info
Seller Concessions: 0
Selling Comments: AS IS Sale
Landscape - Front
Low Care: 1
Landscape - Rear
Low Care: 1
Parking
Common: 1
Freeway/Highway
2.1 - 5 Mile: 1
Traffic Count
Unknown: 1
Possession
Recording: 1
Remarks Misc
Geo Lat: 32.255159
Geo Lon: -110.914413
Property Features
Construction: Slump Block
Roof: Built-Up
Main Cooling: Central Air
Main Heating: Electric; Forced Air
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Security: None
Fence: Chain Link
Landscape - Front: Low Care
Landscape - Rear: Low Care
Road Type: Paved
Parking: Common
Lot Features: Adjacent to Alley
Traffic Count: Unknown
Terms: Cash; Conventional
Possession: Recording
Submit With Offer: Digital Signature Accepted; Earnest Check; Income Property Addendum; Proof of Funds
Listing Office: Tierra Antigua Realty
Last Updated: June - 05 - 2026
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