$629,900
Tucson, AZ 85712
MLS# 22319105
Status: Closed
4088 sqft
1 / 4
Property Description
Wonderful Adobe 4Plex in great rental area. Fort Lowell Park is across the street and Tucson Medical Center is across the other street. Three of the units have been updated. Some long-term tenants are paying under market rents. There are 4 Carport spaces and this is the only 4Plex in the community that has storage buildings for use by tenants..
Details
Maps
Address Information
Street #: 5566
Direction: E
Street Name: Glenn
Suffix: Street
State/Province: AZ
Zip Code: 85712
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 110-15-1090
Tax Year: 2022
Taxes: 2881
Taxes For: Dwelling & Land
Legal Description: Glenn-Lowell Addition Lot 8 Pima County, AZ.
Area: Central
Subdivision: Glenn-Lowell Addition
Township: 13
Range: 14
Section: 36
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Community: None
Contract Information
Current Price: $629,900
List Price: $629,900
Listing Date: 2023-08-30
Status: Closed
Co-Op Fee: 3%
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2023-09-11
Pending Date: 2023-10-05
Sold Date: 2023-10-20
Sold Price: 629900
Sold Price/SqFt: 154.09
Lot Sz Sold Prc/SqFt: 50.56
How Sold: Conventional
Showing Information
Directions: From Grant, North on Craycroft East on Glenn to address.
General Property Information
Dwelling Type: 4 Plex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 60 X 210 X 59 X 209
Lot Acres: 0.29
Lot Sqft: 12458
Lot Size Source: Assessor
Combined SqFt: 4088
Year Built: 1964
Total Parking: 4
School District: TUSD
Elementary School: Whitmore
Middle School: Magee
High School: Catalina
Horse Property: No
Horse Facilities: No
List Price/SqFt: 154.09
Lot Size Price/SqFt: 50.56
Remarks & Misc
Geo Lat: 32.257559
Geo Lon: -110.873432
Unit Info
# of Units/2 BR: 2
Avg Mo Rent/2 BR: 950
# of Units/3 BR: 2
Avg Mo Rent/3 BR: 1100
Unit 1 Information
Monthly Rent: 1250
# Beds: 3
# Full Baths: 2
SqFt: 1044
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Unit 2 Information
Monthly Rent: 1050
# Beds: 2
# Full Baths: 1
SqFt: 1000
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Unit 3 Information
Monthly Rent: 850
# Beds: 2
# Full Baths: 1
SqFt: 1000
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Unit 4 Information
Monthly Rent: 950
# Beds: 3
# Full Baths: 2
SqFt: 1044
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Analysis
Cap Rate %: 5.83
Gross Rent Multi: 12.8
Exp/SqFt: 3.05
Exp % of Gross: 25.37
Income
Gross Scheduled Rent: 49200
Adjusted Gross: 49200
Total Expenses: 12481
Net Opp Income: 36719
Expenses
Capital Expenses: 3400
Gas/Electric: 600
Insurance: 2600
Taxes/Assessments: 2881
Water/Sewer: 3000
Figures Presented: Actual
Kitchen Features
Oven: oven
Interior Features
Interior Steps: No
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Association & Fees
HOA: No
Submit With Offer
Seller Title Company: Fidelity National
Home Protection
Offered: No
Property Features
Construction: Burnt Adobe
Style: Southwestern
Roof: Built-Up
Living Areas: Living Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: Area
Kitchen Features: Dishwasher; Refrigerator
Bathroom Features: 2 Primary Baths
Laundry: Laundry Closet
Extra Room: None
Floor Covering: Carpet
Window Covering: Stay
Technology: Telephone
Main Cooling: Central Air
Main Heating: Forced Air
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: City Water
Accessibility Option: None
Security: None
Green Features: Adobe
Patio/Deck: Covered
Pool: None
Spa: None
Fence: Wood
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: Mountain(s)
Road Type: Paved
Driveway: To Property Line
RV Parking: Space Available
Exterior Feature: None
Lot Features: Subdivided
Neighborhood Features: Park
Terms: Cash; Conventional; Submit
Submit With Offer: Proof of Funds
Property Disclosures: Lead Based Paint; Military Airport Vct
Special Conditions: None
Listing Office: DBC Real Estate Group, LLC
Last Updated: May - 15 - 2024
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