$440,000
Tucson, AZ 85711
MLS# 22001295
Status: Closed
4995 sqft
1 / 31
Property Description
Turn-Key Money-Maker in Central Tucson! Fully occupied at Market Rent and professionally managed. 5-Unit Private Community features off-street parking, a shared courtyard, covered front patios and natural desert vegetation. Each Unit has 2 bedrooms, 2 baths, approx 1000 SF and includes refrigerator, garbage disposal, dishwasher, in-unit waher/dryer hookups and storage room. No Studio Apartments here! This property would make an excellent first commercial investmemt or a stable investment for cash flow. Actual 2019 expenses listed in details.
Details
Maps
Address Information
Country: USA
Street #: 4710
Direction: E
Street Name: 4Th
Suffix: Street
State/Province: AZ
Zip Code: 85711
County: Pima
Location, Tax & Legal
Tax Year: 2019
Taxes: 4180.56
Assessments: 0
Taxes For: Building & Land
Legal Description: Landsdale Lot 3 Blk 1
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
Tax Code: 127-05-0030
Area: Central
Contract Information
Short Sale: No
Current Price: $440,000
Sold Price: $440,000
Listing Date: 2020-01-14
Status: Closed
Status Change Info
Off Market Date: 2020-01-16
Sold Price/SqFt: 88.09
Lot Sz Sold Prc/SqFt: 29.33
Financing: Cash
Pending Date: 2020-02-24
Sold Date: 2020-02-28
Sold Price: $440,000
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 5
Lot Dimensions: Approx 100' X 150'
Lot Acres: 0.34
Lot Sqft: 15000
Lot Size Source: Assessor
Source of SqFt: Assessor
List Price/SqFt: 92.09
Lot Size Price/SqFt: 30.67
Year Built: 1980
Combined SqFt: 4995
Showing Information
Directions: Speedway and Swan South to 4th Street East to Address.
Electric
Master Meter: No
Income
Vacancy Loss: 2187
Gross Scheduled Rent: 45900
Net Opp Income: 26241.91
Gas
Natural: 1
Analysis
Gross Rent Multi: 10.3
Vacancy Rate %: 4.76
Exp % of Gross: 18.02
Cap Rate %: 5.7
Construction
Slump Block: 1
Expenses
Figures Presented: Actual
Insurance: 2784
Management: 3685.3
Other Expenses: 2954.7
Sewer
Connected: 1
Unit Information
Apartment: Low Rise
Apartment Unit Information
# of Units/2 BR: 5
Avg Mo Rent/2 BR: 777
Roof
Built-Up - Reflect: 1
Tile: 1
Water
Public: 1
Property Features
Smoke Detector: 1
Storage: 1
Fence
Wood: 1
Road Type
Paved: 1
Lot Features
Subdivided: 1
Main Cooling
Heat Pump: 1
Main Heating
Heat Pump: 1
Water Heater
Natural Gas: 1
Terms
Cash: 1
Conventional: 1
Submit With Offer
Dual Agency Consent: 1
Earnest Check: 1
Lender Pre-Approval: 1
Loan Pre-Qualifiaction: 1
Proof of Funds: 1
Accessibility Option
None: 1
Special Conditions
None: 1
Security
None: 1
Sold Info
Seller Concessions: 0
Landscape - Front
Decorative Gravel: 1
Low Care: 1
Natural Desert: 1
Shrubs: 1
Landscape - Rear
None: 1
Parking
Paved Parking: 1
Possession
Recording: 1
Property Disclosures
Military Airport Vct: 1
Seller Prop Disclosure: 1
Remarks Misc
Geo Lat: 32.230485
Geo Lon: -110.891557
Property Features
Property Features: Smoke Detector; Storage
Construction: Slump Block
Roof: Built-Up - Reflect; Tile
Main Cooling: Heat Pump
Main Heating: Heat Pump
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Fence: Wood
Landscape - Front: Decorative Gravel; Low Care; Natural Desert; Shrubs
Landscape - Rear: None
Road Type: Paved
Parking: Paved Parking
Lot Features: Subdivided
Terms: Cash; Conventional
Possession: Recording
Submit With Offer: Dual Agency Consent; Earnest Check; Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Military Airport Vct; Seller Prop Disclosure
Special Conditions: None
Listing Office: Keller Williams Southern Arizona
Last Updated: June - 05 - 2026
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