$700,000
Tucson, AZ 85716
MLS# 21429126
Status: Closed
12600 sqft
1 / 17
Property Description
Seven duplexes for a total of 14 units on four parcels for residential financing. Priced at 120K per duplex, Great price for duplexes of this quality! Nice well maintained complex with lots of space and ample parking on just under an acre of land. 10 units are two bedroom one bath 900 sqft, four units are three bedroom two bath 1000 sqft. All units include vaulted ceilings, fire places, modern floor plans, fenced rear yards with covered patios, laundry/storage room with W&D hook ups, off street private parking. With the large land area the property offers tenants a private complex with lots of open space and attractive architecture. The property has been family owned since constructed and has been well maintained. Please do not disturb the tenants, drive by only. Package is attached.
Details
Maps
Documents
Address Information
Country: USA
Street #: 3630
Direction: E
Street Name: Flower
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Location, Tax & Legal
Tax Year: 2014
Taxes: 9467
Assessments: 0
Legal Description: Four parcels very lengthy supplied in escrow
Township: 13
Community: None
Range: 14
Section: 33
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
Tax Code: 111-08-100D
Area: Central
Subdivision: Grantland Acres
Contract Information
Distressed Info: None
Current Price: $700,000
Sold Price: $700,000
Listing Date: 2014-10-17
Status: Closed
Status Change Info
Off Market Date: 2015-03-05
Sold Price/SqFt: 55.56
Lot Sz Sold Prc/SqFt: 16.4
How Sold: Cash
Pending Date: 2015-04-22
Sold Date: 2015-04-30
Sold Price: $700,000
General Property Information
Lot Dimensions: irregular
Lot Acres: 0.98
Lot Sqft: 42688
Lot Size Source: Assessor
List Price/SqFt: 65
Lot Size Price/SqFt: 19.19
Combined SqFt: 12600
Year Built: 1988
Showing Information
Directions: Alvernon and Grant, north on Alvernon to Flower street, west to property on the south side of Flower Street.
Unit Info
Avg Mo Rent/Studios: 0
Avg Mo Rent/1 BR: 0
# of Units/2 BR: 10
Avg Mo Rent/2 BR: 575
# of Units/3 BR: 4
Avg Mo Rent/3 BR: 725
Avg Mo Rent/Other: 0
Income
Vacancy Loss: 5190
Other Income: 0
Adjusted Gross: 98610
Total Expenses: 35768
Gross Scheduled Rent: 103800
Net Opp Income: 62842
Analysis
Gross Rent Multi: 7.1
Vacancy Rate %: 5
Exp/SqFt: 2.84
Exp % of Gross: 36.27
Cap Rate %: 8.98
Construction
Frame - Stucco: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 734
Insurance: 2900
Maintenance Supplies: 10378
Management: 0
Resident Manager: 0
Taxes/Assessments: 9467
Water/Sewer: 8810
Other Expenses: 3479
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Main Heating
Baseboard: 1
Terms
Cash: 1
Conventional: 1
Security
None: 1
Property Disclosures
Unknown: 1
Miscellaneous
Master Water Meter: Yes
Package Available: Yes
Remarks Misc
Geo Lat: 32.253926
Geo Lon: -110.915098
Property Features
Construction: Frame - Stucco
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Baseboard
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional
Property Disclosures: Unknown
Marketing package 
Listing Office: Realty Executives Arizona Territory
Last Updated: September - 01 - 2025
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