$1,155,000
Tucson, AZ 85716
MLS# 21721340
Status: Closed
9312 sqft
1 / 12
Property Description
Excellent, unique, opportunity to own a gated, renovated, 12 plex, on a quiet cul-de-sac, sandwiched between two of the most coveted neighborhoods, Sam Hughes and Miramonte. Complex is within a mile from the UofA. Fully rehabbed 1/2016. Great CAP rate! New gravel landscaping, new asphalt front and back driveways, new exterior paint, roof recoat/maintained 1/2016, new heat pumps all units, new energy efficient windows, new balcony wood, all units tiled throughout, new counter tops, new appliances, new sinks, new shower tile surround, new vanities, new lighting, new fencing. Laundry room with 3 commercial washers and 3 commercial dryers and storage room. Automated, remote access, sliding front gate. ALL UNITS SEPARATELY METERED. ALL NUMBERS ARE ACTUAL. 100% OCCUPIED.
Details
Maps
Documents
Address Information
Country: USA
Street #: 3130
Direction: E
Street Name: 4th
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2016
Taxes: 5659.46
Assessments: 0
Taxes For: Dwelling & Land
Legal Description: Virginia Heights Amended Lots 11 & 12 Blk 1
Township: 14
Community: None
Range: 14
Section: 9
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 125-14-010A
Area: Central
Subdivision: Virginia Heights
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $1,155,000
Sold Price: $1,155,000
Listing Date: 2017-08-12
Status: Closed
Status Change Info
Off Market Date: 2017-08-14
Sold Price/SqFt: 124.03
Lot Sz Sold Prc/SqFt: 64.67
How Sold: Cash
Pending Date: 2017-10-05
Sold Date: 2017-10-09
Sold Price: $1,155,000
General Property Information
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: Unknown
Lot Acres: 0.41
Total Parking: 0
Lot Sqft: 17860
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Acacia
Middle School: Ajo
High School: Ajo
Horse Facilities: No
List Price/SqFt: 134.24
Lot Size Price/SqFt: 69.99
Combined SqFt: 9312
Year Built: 1978
Showing Information
Directions: Country Club/4th, E on 4th to address.
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 800
# Beds: 2
# Full Baths: 1
SqFt: 752
Occupancy: Yes
Stories: Two
Floor: 1st
Furnished: No
Parking: On Property
Income
Vacancy Loss: 2384
Other Income: 7920
Adjusted Gross: 120736
Total Expenses: 25516
Gross Scheduled Rent: 115200
Net Opp Income: 95220
Gas
None: 1
Unit 2 Information
# Beds: 2
# Full Baths: 1
Occupancy: Yes
Floor: 2nd
Parking: On Property
Analysis
Gross Rent Multi: 9.57
Vacancy Rate %: 2.07
Exp/SqFt: 2.74
Exp % of Gross: 21.13
Cap Rate %: 8.24
Construction
Frame - Stucco: 1
Unit 3 Information
# Beds: 2
# Full Baths: 1
Occupancy: Yes
Parking: On Property
Expenses
Admin Expenses: 640
Capital Expenses: 0
Contract Services: 1020
Figures Presented: Actual
Gas/Electric: 1200
Insurance: 3732
Maintenance Supplies: 3025
Management: 7200
Resident Manager: 0
Taxes/Assessments: 5659
Water/Sewer: 0
Other Expenses: 3040
Style
Other: Apartments
Sewer
Connected: 1
Unit 4 Information
# Beds: 2
# Full Baths: 1
Occupancy: Yes
Floor: 2nd
Parking: On Property
Roof
Tile: 1
Water
Public: 1
Living Areas
Off Kitchen: 1
Dining Areas
Breakfast Nook: 1
Fence
Electric: 1
Wrought Iron: 1
Dining Room
Area: 1
View
None: 1
Breakfast
None: 1
Road Type
Paved: 1
Kitchen Features
Electric Range: 1
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
East/West Exposure: 1
Main Cooling
Central Air: 1
Laundry
Facility: 1
Neighborhood Features
None: 1
Main Heating
Electric: 1
Forced Air: 1
Extra Room
Other: storage room
Water Heater
Electric: 1
Association & Fees
HOA: No
Interior Features
Interior Steps: No
Bathroom Features
Shower & Tub/Hall: 1
Terms
Cash: 1
Conventional: 1
Floor Covering
Ceramic Tile: 1
Submit With Offer
Digital Signatures: Yes
Window Covering
Some: 1
Accessibility Option
None: 1
Technology
Cable TV: 1
Security
Security Lights: 1
Sold Info
Seller Concessions: 0
Landscape - Front
Low Care: 1
Landscape - Rear
Low Care: 1
Patio/Deck
Balcony: 1
Covered: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Owner
Pool/Spa Maintenance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Pool
None: 1
Property Disclosures
Deed Restrictions: 1
Public Airport Vcty: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
Paved: Asphalt
RV Parking
Other: None
Exterior Feature
Workshop: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: Yes
Deed Restrictions: Yes
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.230899
Geo Lon: -110.925592
Property Features
Construction: Frame - Stucco
Roof: Tile
Living Areas: Off Kitchen
Dining Areas: Breakfast Nook
Dining Room: Area
Breakfast: None
Kitchen Features: Electric Range; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: Facility
Floor Covering: Ceramic Tile
Window Covering: Some
Technology: Cable TV
Main Cooling: Central Air
Main Heating: Electric; Forced Air
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: Security Lights
Pool: None
Spa: None
Fence: Electric; Wrought Iron
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: None
Road Type: Paved
Exterior Feature: Workshop
Lot Features: East/West Exposure
Neighborhood Features: None
Terms: Cash; Conventional
Property Disclosures: Deed Restrictions; Public Airport Vcty
Special Conditions: None
Property Info Sheet 
Listing Office: Cobb Realty, LLC
Last Updated: December - 09 - 2024
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