1240 E Fort Lowell Road, Tucson, AZ 85719
$1,110,000
Property Type:
Multi-Family
Square Footage:
12,492
Lot Size (sq. ft.):
49,210
Status:
Closed
Current Price:
$1,110,000
List Date:
10/15/2002
Last Modified:
10/25/2024
Overview
Description
Listing Details MLS# 2224785
Address Information
- Street #
- 1240
- Direction
- E
- Street Name
- Fort Lowell
- Suffix
- Road
- State/Province
- AZ
- Zip Code
- 85719
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 113-08-200D
- Area
- Central
- Subdivision
- Catalina Poultry Acres NO 4
General Property Information
- Lot Dimensions
- Irregular
- Lot Acres
- 1.13
- Lot Sqft
- 49210
- Lot Size Source
- Assessor
- Combined SqFt
- 12492
- Year Built
- 1985
- List Price/SqFt
- 96.06
- Lot Size Price/SqFt
- 24.38
Property Features
Construction:
Frame - Stucco
Main Heating:
Electric; Forced Air
Sewer:
Connected
Water:
Public
Security:
None
Terms:
Cash; Conventional
Property Disclosures:
Unknown
Sold Info:
Financing
Status Change Info
- Off Market Date
- 2003-01-08
- Pending Date
- 2002-11-08
- Sold Date
- 2003-01-08
- Sold Price/SqFt
- 88.85
- Lot Sz Sold Prc/SqFt
- 22.55
- How Sold
- Conventional
More Information
Showing Information
- Directions
- SW corner of Mountain and Ft Lowell
Unit Info
- # of Units/1 BR
- 12
- Avg Mo Rent/1 BR
- 425
- # of Units/2 BR
- 16
- Avg Mo Rent/2 BR
- 525
Analysis
- Cap Rate %
- 8.38
- Gross Rent Multi
- 7.59
- Vacancy Rate %
- 7
- Exp/SqFt
- 4.59
- Exp % of Gross
- 36.32
Income
- Gross Scheduled Rent
- 162000
- Vacancy Loss
- 11340
- Other Income
- 7319
- Adjusted Gross
- 157979
- Total Expenses
- 57390
- Net Opp Income
- 100589
Expenses
- Admin Expenses
- 5683
- Gas/Electric
- 7456
- Insurance
- 4186
- Maintenance Supplies
- 13444
- Management
- 12285
- Taxes/Assessments
- 9036
- Water/Sewer
- 5300
Interior Features
- Interior Steps
- No
Miscellaneous
- Master Elec Meter
- No
- Master Gas Meter
- No
- Master Water Meter
- Yes
- Package Available
- Yes
Listing Office:
Long Realty Company
Last Updated: October - 25 - 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 2026 MLS of Southern Arizona. All Rights Reserved.
