$325,000
Tucson, AZ 85712
MLS# 21528610
Status: Closed
6254 sqft
1 / 9
Property Description
10 extremely solid red brick units with private walled-in yards and great curb appeal. Washer/dryer hook-ups in some units. Property has significant upside potential. Owner will carry with 30% down, 5% interest, 30 year amortization 5 year balloon. Payments of only $1,258.85 PI monthly! Income reflects current rent roll. Expenses are actual 2014 with LA break down of capital & maintenance. Actual expenses are VERY high and could be drastically reduced by a an owner/manager.
Details
Maps
Address Information
Country: USA
Street #: 4326
Direction: E
Street Name: Pima
Suffix: Street
State/Province: AZ
Zip Code: 85712
County: Pima
Location, Tax & Legal
Tax Year: 2015
Taxes: 6770
Assessments: 0
Legal Description: Speedway Amended Lot 7 & W20' of Lot 8 Less Ptn. Lyg within widened Pima
Township: 14
Community: None
Range: 14
Section: 3
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
Tax Code: 122-12-2830
Area: Central
Subdivision: Speedway Amended
Contract Information
Distressed Info: None
Current Price: $325,000
Sold Price: $325,000
Listing Date: 2015-10-19
Status: Closed
Status Change Info
Off Market Date: 2015-10-26
Sold Price/SqFt: 51.97
Lot Sz Sold Prc/SqFt: 10.97
How Sold: Cash Owner Carryback
Pending Date: 2015-11-09
Sold Date: 2015-11-25
Sold Price: $325,000
General Property Information
Lot Dimensions: Irregular
Lot Acres: 0.68
Lot Sqft: 29621
Lot Size Source: Assessor
List Price/SqFt: 53.57
Lot Size Price/SqFt: 11.31
Combined SqFt: 6254
Year Built: 1959
Showing Information
Directions: Pima Columbus - E. Property is on the south side of the street
Unit Info
Avg Mo Rent/Studios: 0
# of Units/1 BR: 8
Avg Mo Rent/1 BR: 488
# of Units/2 BR: 2
Avg Mo Rent/2 BR: 610
Avg Mo Rent/3 BR: 0
Avg Mo Rent/Other: 0
Income
Vacancy Loss: 0
Other Income: 0
Adjusted Gross: 61440
Total Expenses: 40751
Gross Scheduled Rent: 61440
Net Opp Income: 20689
Analysis
Gross Rent Multi: 5.29
Vacancy Rate %: 0
Exp/SqFt: 6.52
Exp % of Gross: 66.33
Cap Rate %: 6.37
Construction
Brick: 1
Expenses
Admin Expenses: 1192
Capital Expenses: 6000
Contract Services: 974
Figures Presented: Actual
Gas/Electric: 974
Insurance: 3341
Maintenance Supplies: 12065
Management: 3758
Resident Manager: 0
Taxes/Assessments: 5715
Water/Sewer: 6553
Other Expenses: 179
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Main Heating
Radiant: 1
Terms
Cash: 1
Conventional: 1
Owner Carry: 1
Security
None: 1
Property Disclosures
Unknown: 1
Miscellaneous
Master Water Meter: Yes
Remarks Misc
Geo Lat: 32.242991
Geo Lon: -110.900496
Property Features
Construction: Brick
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Radiant
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional; Owner Carry
Property Disclosures: Unknown
Listing Office: Tierra Antigua Realty
Last Updated: September - 09 - 2026
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