$201,000
5623 E 22nd Street
Tucson, AZ 85711
MLS# 21808945
Status: Closed
3720 sqft


5623 E 22nd Street, Tucson, AZ 85711
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5623 E 22nd Street, Tucson, AZ 85711 5623 E 22nd Street, Tucson, AZ 85711 5623 E 22nd Street, Tucson, AZ 85711 5623 E 22nd Street, Tucson, AZ 85711 5623 E 22nd Street, Tucson, AZ 85711 5623 E 22nd Street, Tucson, AZ 85711 5623 E 22nd Street, Tucson, AZ 85711 5623 E 22nd Street, Tucson, AZ 85711 5623 E 22nd Street, Tucson, AZ 85711 5623 E 22nd Street, Tucson, AZ 85711

Property Description
Three unit office/retail building, great east side location with 22nd Street exposure. All units are currently occupied but one unit may be available for owner/user. Three new central AC/heat units installed. parking lot recently resealed. Well maintained and ready for a new owner/investor or owner/user. Seller may finance. package is attached

Details
Maps
Documents
Address Information
Street #: 5623
Direction: E
Street Name: 22nd
Suffix: Street
State/Province: AZ
Zip Code: 85711
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 128-06-1070
Tax Year: 2017
Taxes: 3996.58
Legal Description: From Parcel:001010010 /Colonia Del Valle E2 Lot 8 Exc S25' Blk 10
Area: Central
Municipality/Zoning: Tucson - C1
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Contract Information
Current Price: $190,000
List Price: $201,000
Listing Date: 2018-03-29
Status: Closed
Co-Op Fee: 3%
Method of Title: Fee (Simple)
Short Sale: No
Status Change Info
Off Market Date: 2018-05-05
Pending Date: 2018-06-15
Sold Date: 2018-06-22
Sold Price: 190000
Sold Price/SqFt: 51.08
Lot Sz Sold Prc/SqFt: 19.83
Financing: Cash Owner Carryback
Showing Information
Directions: East of Craycroft north side of 22nd Street
General Property Information
Dwelling Type: Office
# Units: 3
Multi-Tenant: Yes
Year Built: 1974
Lot Dimensions: 60 X 160
Lot Acres: 0.22
Lot Sqft: 9583
Lot Size Source: Assessor
Combined SqFt: 3720
Source of SqFt: Assessor
List Price/SqFt: 54.03
Lot Size Price/SqFt: 20.97
Remarks & Misc
Geo Lat: 32.207325
Geo Lon: -110.872644
Income
Gross Scheduled Rent: 28788
Total Expenses: 6798
Net Opp Income: 21990
Analysis
Cap Rate %: 9.2
Gross Rent Multi: 8.6
Exp/SqFt: 1.83
Exp % of Gross: 24
Expenses
Figures Presented: Actual
Insurance: 941
Maintenance Supplies: 600
Taxes/Assessments: 3997
Water/Sewer: 1260
Property Features

Listing Office: Better Homes & Gardens Real Estate-SJ Fowler

Last Updated: July - 17 - 2019

5623 E 22nd Street, Tucson, AZ 85711 - MLS# 21808945

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