1402-1564 N Craycroft Road, Tucson, AZ 85712

$2,300,000
Property Type: Multi-Family Square Footage: 38,020 Lot Size (sq. ft.): 52 Status: Closed
Current Price: $2,300,000 List Date: 11/21/2017 Last Modified: 12/09/2024

Overview

Description

54 units mix of 2br/1br studio and a 3br located in north central Tucson close to TMC. Nice condition, masonry construction-

Listing Details MLS# 21730122

Address Information

Street #
1402-1564
Direction
N
Street Name
Craycroft
Suffix
Road
State/Province
AZ
Zip Code
85712
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
121-06-3160
Area
Central
Subdivision
Mountain View Acre Farms
Comparable Only Listing
No
Tax Year
2016
Taxes
22160
Assessments
0
Taxes For
Dwelling & Land
Legal Description
Mountain View Acre Farms resub lots 11 12 28 29 30 & 31
Township
12
Community
None
Range
13
Section
31
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Attached/Detached
Detached
Construction Status
Existing
Lot Dimensions
Irregular
Lot Acres
Yes
Lot Sqft
43560
Lot Size Source
Assessor
Combined SqFt
38020
Year Built
1963
Total Parking
54
School District
TUSD
Elementary School
Whitmore
Middle School
Doolen
High School
Catalina
Horse Property
No
Horse Facilities
No
List Price/SqFt
60.49
Lot Size Price/SqFt
52.8

Property Features

Construction: Concrete Block; Other Style: Territorial Roof: Built-Up Living Areas: Family Room Dining Areas: Dining in LR/GR Dining Room: Area Breakfast: None Kitchen Features: Electric Range; Refrigerator Bathroom Features: Shower & Tub/Hall Laundry: Outside Extra Room: None Interior Features: Smoke Detector Floor Covering: Carpet; Ceramic Tile Window Covering: Some Technology: Cable TV Main Cooling: Central Air; Evaporative Cooling Main Heating: Electric; Forced Air Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: Block Landscape - Front: Low Care Landscape - Rear: Decorative Gravel View: Mountain(s) Road Type: Paved Driveway: None Exterior Feature: None Lot Features: Adjacent to Alley Neighborhood Features: None Terms: Cash; Owner Carry Submit With Offer: Loan Status Property Disclosures: None; Unknown Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

Status Change Info

Off Market Date
2017-11-20
Pending Date
2017-11-20
Sold Date
2017-11-21
Sold Price/SqFt
60.49
Lot Sz Sold Prc/SqFt
52.8
How Sold
Exchange

More Information

Showing Information

Directions
From Speedway/Craycroft-North on Craycroft to address.

Unit Info

# of Units/1 BR
8
# of Units/2 BR
2

Unit 1 Information

Occupancy
No
Stories
Split
Floor
1st
Furnished
No
Parking
On Property

Analysis

Cap Rate %
13.7
Gross Rent Multi
7.3
Vacancy Rate %
0

Income

Gross Scheduled Rent
315000
Adjusted Gross
315000
Net Opp Income
315000
Vacancy Loss
0
Other Income
0
Total Expenses
0

Expenses

Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Insurance
0
Maintenance Supplies
0
Management
0
Resident Manager
0
Taxes/Assessments
0
Water/Sewer
0
Other Expenses
0

Electric

Electric Company
tep

Utilities Paid

Cable TV
Tenant
Electric
Owner
Gas
Tenant
Insurance
Tenant
Sewer
Owner
Taxes
Owner
Trash
Owner
Water
Owner

RV Parking

Other
none

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
Yes
CC&Rs
No

Home Protection

Offered
No

Sold Info

Down Payment
685000
Seller Concessions
0

Gas

Natural
Yes

Construction

Concrete Block
Yes
Other
Yes

Style

Territorial
Yes

Sewer

Connected
Yes

Roof

Built-Up
Yes

Water

Public
Yes

Living Areas

Family Room
Yes

Dining Areas

Dining in LR/GR
Yes

Fence

Block
Yes

Dining Room

Area
Yes

View

Mountain(s)
Yes

Breakfast

None
Yes

Road Type

Paved
Yes

Kitchen Features

Electric Range
Yes
Refrigerator
Yes

Road Maintenance

City
Yes

Lot Features

Adjacent to Alley
Yes

Main Cooling

Central Air
Yes
Evaporative Cooling
Yes

Laundry

Outside
Yes

Neighborhood Features

None
Yes

Main Heating

Electric
Yes
Forced Air
Yes

Extra Room

None
Yes

Water Heater

Natural Gas
Yes

Association & Fees

HOA
No

Interior Features

Smoke Detector
Yes

Bathroom Features

Shower & Tub/Hall
Yes

Terms

Cash
Yes
Owner Carry
Yes

Floor Covering

Carpet
Yes
Ceramic Tile
Yes

Submit With Offer

Loan Status
Yes

Window Covering

Some
Yes

Accessibility Option

None
Yes

Technology

Cable TV
Yes

Security

None
Yes

Landscape - Front

Low Care
Yes

Landscape - Rear

Decorative Gravel
Yes

Patio/Deck

Balcony
Yes
Patio
Yes

Pool

None
Yes

Property Disclosures

Unknown
Yes
None
Yes

Spa

None
Yes

Special Conditions

None
Yes

Driveway

None
Yes

Exterior Feature

None
Yes
Listing Office: Realty Executives Arizona Territory
IDX
Last Updated: December - 09 - 2024
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