1010 E Lee Street, Tucson, AZ 85719

$1,600,000
Property Type: Commercial Square Footage: 12,460 Lot Size (sq. ft.): 30 Status: Closed
Current Price: $1,600,000 List Date: 2/09/2017 Last Modified: 12/09/2024

Overview

Description

Class A-B investment package 21 total units on 6 different properties. 1 six BR house, 1 five BR house, 4 two BR, 15 one BR. All units combined are approx. 12460 sq ft. Now under professional management with rental increase expected. Located near UA and downtown. Appealing to families, students, and professionals. http://apexaz.com/parkandlee/

Listing Details MLS# 21703842

Address Information

Street #
1010
Direction
E
Street Name
Lee
Suffix
Street
State/Province
AZ
Zip Code
85719
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
123-15-2380
Area
Central
Tax Year
2016
Taxes
11206.62
Assessments
66492
Legal Description
UNIVERSITY HOME LOT 8 BLK 18; UNIVERSITY HOME N75' LOT 9 & 10 BLK 18
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes

General Property Information

# Units
21
Year Built
1927
Lot Dimensions
Irregular
Lot Acres
1.22
Lot Sqft
53200
Lot Size Source
Assessor
Combined SqFt
12460
Source of SqFt
Assessor
List Price/SqFt
128.41
Lot Size Price/SqFt
30.08

Property Features

Construction: Frame - Stucco Main Cooling: Wall Unit(s) Main Heating: Wall Furnace Sewer: Connected Water: Public Terms: Cash; Conventional; Owner Carry Property Disclosures: Unknown

Status Change Info

Off Market Date
2017-02-09
Pending Date
2017-03-27
Sold Date
2017-03-31
Sold Price/SqFt
128.41
Lot Sz Sold Prc/SqFt
30.08
Financing
Cash Owner Carryback

More Information

Income

Total Expenses
76157.46

Analysis

Exp/SqFt
6.11

Expenses

Figures Presented
Actual
Gas/Electric
4187.44
Insurance
7949.54
Maintenance Supplies
20521.32
Management
20156.82
Taxes/Assessments
11206.62
Water/Sewer
8134.8
Other Expenses
4000.93
Admin Expenses
0
Captial Expenses
0
Contract Services
0
Resident Manager
0

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Wall Unit(s)
Yes

Main Heating

Wall Furnace
Yes

Terms

Cash
Yes
Conventional
Yes
Owner Carry
Yes

Sold Info

Seller Concessions
0

Property Disclosures

Unknown
Yes
Listing Office: Keller Williams Southern Arizona
IDX
Last Updated: December - 09 - 2024
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.