$167,000
4625 E Montecito Street
Tucson, AZ 85711
MLS# 21921402
Status: Closed
1754 sqft


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Property Description
This solid red brick duplex has just received major refurbishing, and it should produce top rents for the area, have relatively low operating & maintenance expenses, and should produce a premium return on investment. The interior of both units have new kitchen cabinets & counter tops, new paint, and many new fixtures & doors together with other improvements which make these units show very well. Based on current rents in the area the 3 bedroom apartment should conservatively produced $850 + a month in rent and the 2 bedroom apartment should produce rent of around $750 + a month. Please contact listing agent for additional information regarding this property and upgrade options that could be included with this property.

Details
Maps
Documents
Address Information
Country: USA
Street #: 4625
Direction: E
Street Name: Montecito
Suffix: Street
State/Province: AZ
Zip Code: 85711
County: Pima
Location, Tax & Legal
Tax Year: 2018
Taxes: 1279.06
Assessments: 0
Taxes For: Dwelling & Land
Legal Description: Linden Park, Lot 11, Block 37
Township: 14
Community: None
Range: 14
Section: 15
Municipality/Zoning: Tucson - R1
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 126-13-2970
Area: Central
Subdivision: Linden Park
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $167,000
Sold Price: $167,000
Listing Date: 2019-07-27
Status: Closed
Status Change Info
Off Market Date: 2019-08-22
Sold Price/SqFt: 95.21
Lot Sz Sold Prc/SqFt: 17.33
How Sold: Cash
Pending Date: 2019-10-16
Sold Date: 2019-10-31
Sold Price: $167,000
General Property Information
Dwelling Type: Duplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 83.15' X 120.21' X 82.65' X 118.36'
Lot Acres: 0.22
Total Parking: 4
Lot Sqft: 9634
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Bonillas
Middle School: Vail
High School: Rincon
Horse Facilities: No
List Price/SqFt: 94.01
Lot Size Price/SqFt: 17.12
Combined SqFt: 1754
Year Built: 1951
Showing Information
Directions: Starting at Broadway & Swan go South on Swan to Montecito and then go West on Montecito to 4625-7 E. Montecito. The property is located on the North side of the street.
Unit Info
# of Units/2 BR: 1
Avg Mo Rent/2 BR: 750
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 850
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 750
# Beds: 2
# Full Baths: 1
SqFt: 743
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Income
Vacancy Loss: 576
Other Income: 0
Adjusted Gross: 18624
Total Expenses: 3665
Gross Scheduled Rent: 19200
Net Opp Income: 14959
Gas
Natural: 1
Unit 2 Information
Monthly Rent: 850
# Beds: 3
# Full Baths: 1
SqFt: 1011
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Gross Rent Multi: 8.97
Vacancy Rate %: 3
Exp/SqFt: 2.09
Exp % of Gross: 19.68
Cap Rate %: 8.96
Construction
Brick: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 850
Maintenance Supplies: 576
Management: 0
Resident Manager: 0
Taxes/Assessments: 1279
Water/Sewer: 960
Other Expenses: 0
Style
Ranch: 1
Sewer
Connected: 1
Roof
Shingle: 1
Water
Public: 1
Water Company: City of Tucson
Living Areas
Living Room: 1
Dining Areas
Dining in LR/GR: 1
Fence
Chain Link: 1
Dining Room
Area: 1
View
Residential: 1
Sunrise: 1
Sunset: 1
Breakfast
Area: 1
Road Type
Paved: 1
Kitchen Features
Countertops: Formica
Double Sink: 1
Road Maintenance
City: 1
Lot Features
North/South Exposure: 1
Subdivided: 1
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Other: Calll Listing Agent
Laundry
Laundry Room: 1
Neighborhood Features
Basketball Court: 1
Paved Street: 1
Sidewalks: 1
Street Lights: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Other: Call Listing Agent
Extra Room
None: 1
Water Heater
Natural Gas: 1
Association & Fees
HOA: No
HOA Name: N/A
HOA Telephone: N/A
Interior Features
Interior Steps: No
Bathroom Features
Shower & Tub/Hall: 1
Countertops/Hall: Formica
Terms
Cash: 1
Conventional: 1
Other: FHA & VA
Floor Covering
Ceramic Tile: 1
Submit With Offer
Digital Signatures: Yes
Dual Agency Consent: 1
Earnest Check: 1
Income Property Addendum: 1
Lender Pre-Approval: 1
Loan Status: 1
Proof of Funds: 1
Written Lender Approval: 1
Window Covering
Other: Call Listing Agent
Accessibility Option
None: 1
Technology
Cable TV: 1
Satellite Dish: 1
Telephone: 1
Special Conditions
None: 1
Security
None: 1
Sold Info
Down Payment: 167000
Est. Closing Date: 2019-10-31
Seller Concessions: 0
Seller Paid Repairs: 3000
Landscape - Front
None: 1
Other: Call Listing Agent
Landscape - Rear
None: 1
Other: Call Listing Agent
Patio/Deck
Covered: 1
Other: Front Porches
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Tenant
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Pool
None: 1
Property Disclosures
County Parcel Info: 1
Insurance Claims History Report: 1
Lead Based Paint: 1
Military Airport Vct: 1
Plat Map: 1
Public Airport Vcty: 1
Seller Prop Disclosure: 1
Spa
None: 1
Driveway
None: 1
RV Parking
Space Available: 1
Exterior Feature
None: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: Yes
Deed Restrictions: Yes
Assoc Amenities
None: 1
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.213071
Geo Lon: -110.89341
Property Features
Construction: Brick
Style: Ranch
Roof: Shingle
Living Areas: Living Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: Area
Kitchen Features: Double Sink
Bathroom Features: Shower & Tub/Hall
Laundry: Laundry Room
Extra Room: None
Floor Covering: Ceramic Tile
Technology: Cable TV; Satellite Dish; Telephone
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Forced Air; Natural Gas
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: None
Landscape - Rear: None
View: Residential; Sunrise; Sunset
Road Type: Paved
Driveway: None
RV Parking: Space Available
Exterior Feature: None
Lot Features: North/South Exposure; Subdivided
Neighborhood Features: Basketball Court; Paved Street; Sidewalks; Street Lights
Assoc Amenities: None
Terms: Cash; Conventional
Submit With Offer: Dual Agency Consent; Earnest Check; Income Property Addendum; Lender Pre-Approval; Loan Status; Proof of Funds; Written Lender Approval
Property Disclosures: County Parcel Info; Lead Based Paint; Military Airport Vct; Plat Map; Public Airport Vcty; Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None

IDX
Listing Office: Keller Williams Southern Arizona

Last Updated: June - 05 - 2026

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.


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