225 E Jacinto Street, Tucson, AZ 85705

$1,100,000
Property Type: Multi-Family Square Footage: 5,085 Lot Size (sq. ft.): 12,000 Status: Closed
Current Price: $1,100,000 List Date: 9/05/2021 Last Modified: 12/14/2024

Overview

Description

Amazing rental investment opportunity with 3 HOUSES on 1 LOT in wonderful location within biking distance to University of Arizona. 3 x Individual mini dorm style properties with 5 beds 2 baths each house. Total 15 beds 6 baths & 8 on-site lighted car parking spots. Modern contemporary build 2008. Each house has separate entrance and its own private backyard with covered patio. 2 bedrooms downstairs and 3 bedrooms upstairs. Indoor laundry. Landscaped courtyard and walk way. Very convenient & ideal location next to Biking Ave, near Banner UMC, grocery stores, schools, businesses, parks.

Listing Details MLS# 22122651

Address Information

Street #
225
Direction
E
Street Name
Jacinto
Suffix
Street
State/Province
AZ
Zip Code
85705
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
107-13-2250
Area
Central
Subdivision
Coronado Heights

General Property Information

Dwelling Type
Triplex
Attached/Detached
Detached
Construction Status
Existing
Lot Dimensions
Irregular
Lot Acres
0.27
Lot Sqft
12000
Lot Size Source
Assessor
Combined SqFt
5085
Year Built
2008
Total Parking
8
School District
Amphitheater
Elementary School
Keeling
Middle School
Amphitheater
High School
Amphitheater
Horse Property
No
Horse Facilities
No
List Price/SqFt
226.16
Lot Size Price/SqFt
95.83

Property Features

Construction: Frame - Stucco Style: Contemporary Roof: Shingle Living Areas: Living Room Dining Areas: Dining in LR/GR; Eat-In Kitchen Dining Room: Area Breakfast: Area Kitchen Features: Desk; Double Sink; Electric Range; Lazy Susan; Dishwasher; Disposal; Refrigerator Bathroom Features: Dual Sinks/Primary; Dual Sinks/Hall; Shower & Tub/Primary; Shower & Tub/Hall Laundry: Laundry Closet; Dryer Included; Washer Included Extra Room: None Interior Features: Ceiling Fan(s); Skylights; Smoke Detector; Vaulted Ceiling(s); Walk-In Closet(s) Floor Covering: Carpet; Ceramic Tile; Concrete Window Covering: Stay Window Features: Double Pane Windows Technology: Alarm System; Cable TV; High Speed Internet Main Cooling: Ceiling Fan(s); Zoned Main Heating: Electric; Zoned Water Heater: Electric Gas: None Sewer: Connected Water: Public Accessibility Option: None Security: Alarm Installed; Closed Circuit Camera(s) Green Features: Bath Exhaust Out Pool: None Spa: None Fence: Wood Landscape - Front: Low Care Landscape - Rear: Low Care View: None Road Type: Paved RV Parking: Space Available Exterior Feature: Courtyard Lot Features: North/South Exposure Neighborhood Features: None Terms: Cash; Conventional Submit With Offer: Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: Seller Prop Disclosure; Insurance Claims History Report Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

Status Change Info

Off Market Date
2021-11-17
Pending Date
2021-12-02
Sold Date
2021-12-03
Sold Price/SqFt
216.32
Lot Sz Sold Prc/SqFt
91.67
How Sold
Conventional

More Information

Showing Information

Directions
From E Grant & N Stone, north on Stone, east on Jacinto to the address.

Unit 1 Information

Monthly Rent
2750
# Beds
5
# Full Baths
2
SqFt
1695
Occupancy
No
Stories
Two
Floor
1st
Furnished
Partially
Parking
On Property

Unit 2 Information

Monthly Rent
2750
# Beds
5
# Full Baths
2
SqFt
1695
Occupancy
Yes
Stories
Two
Floor
1st
Furnished
Partially
Parking
On Property

Unit 3 Information

Monthly Rent
2750
# Beds
5
# Full Baths
2
SqFt
1695
Occupancy
Yes
Stories
Two
Furnished
Partially
Parking
On Property

Analysis

Cap Rate %
8.38
Gross Rent Multi
10.86
Exp/SqFt
1.79
Exp % of Gross
9

Income

Gross Scheduled Rent
99000
Other Income
2250
Adjusted Gross
101250
Total Expenses
9114.71
Net Opp Income
92135.29

Expenses

Admin Expenses
825
Contract Services
486
Gas/Electric
869
Insurance
1823.79
Maintenance Supplies
95
Taxes/Assessments
4688.92
Water/Sewer
230
Other Expenses
97
Figures Presented
Actual

Kitchen Features

Appliance Color
Stainless
Microwave
Built-in

Interior Features

Interior Steps
Yes

Electric

Electric Company
TEP

Utilities Paid

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

Driveway

Paved
Asphalt

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
Yes
CC&Rs
Yes

Submit With Offer

Digital Signatures
Yes
Seller Title Company
TSA

Home Protection

Offered
No

Sold Info

Seller Paid Repairs
1500
IDX
Listing Office: Tierra Antigua Realty
Last Updated: December - 14 - 2024
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