3168-3178 E 4th Street, Tucson, AZ 85716 (MLS# 21625327)

3168-3178 E 4th Street, Tucson, AZ 85716

$1,225,000

Property Type: Multi-Family Square Footage: 9,486 Lot Size (sq. ft.): 72 Status: Closed

Current Price: $1,225,000 List Date: 9/20/2016 Last Modified: 12/09/2024

Overview

Description

http://apexaz.com/casabelleza/ Modern living nestled in the heart of Tucson with exceptional value. These high quality modern townhomes are conveniently located near the University of Arizona campus. At Casa Belleza, it’s about lifestyle. These stunning, newly built two story town homes were built in 2011 and offer three bedrooms and three baths. Located just 1.3 miles from The University of Arizona on the 3rd Street Bike Path, Casa Belleza is an exceptional investment for higher end rentals. Nestled within the heart of Tucson, Casa Bellaza is steps from various locations including the El Con Mall, Whole Foods, and Rincon Market.

Listing Details MLS# 21625327

Address Information

Street #: 3168-3178
Direction: E
Street Name: 4th
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 125-14-0790
Area: Central
Subdivision: 4th Street RCP
Tax Year: 2015
Taxes: 2183.71
Assessments: 0
Legal Description: 4Th Street Rcp Lot 1 through Lot 6
Township: 14
Range: 14
Section: 9
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes

General Property Information

Lot Dimensions: 180 x 99.98 x 180 x x99.98
Lot Acres: 0.41
Lot Sqft: 17996
Lot Size Source: Assessor
Combined SqFt: 9486
Year Built: 2011
List Price/SqFt: 137.04
Lot Size Price/SqFt: 72.24

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Electric; Forced Air Sewer: Connected Water: Public Security: None Terms: Cash; Conventional Property Disclosures: Military Airport Vct

Contract Information

Distressed Info: None

Status Change Info

Off Market Date: 2016-12-12
Pending Date: 2017-01-17
Sold Date: 2017-01-26
Sold Price/SqFt: 129.14
Lot Sz Sold Prc/SqFt: 68.07
How Sold: Cash

More Information

Showing Information

Directions: Country Club/Speedway - S on Country Club, E on 4th St to address on right side of street

Unit Info

# of Units/3 BR: 6
Avg Mo Rent/3 BR: 1800
Avg Mo Rent/Studios: 0
Avg Mo Rent/1 BR: 0
Avg Mo Rent/2 BR: 0
Avg Mo Rent/Other: 0

Analysis

Cap Rate %: 7.12
Gross Rent Multi: 9.69
Vacancy Rate %: 2.5
Exp/SqFt: 4.12
Exp % of Gross: 30.94

Income

Gross Scheduled Rent: 129600
Vacancy Loss: 3240
Adjusted Gross: 126360
Total Expenses: 39100
Net Opp Income: 87260
Other Income: 0

Expenses

Gas/Electric: 3119
Insurance: 3426
Management: 12168
Taxes/Assessments: 13603
Water/Sewer: 2066
Other Expenses: 4718
Figures Presented: Actual
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Maintenance Supplies: 0
Resident Manager: 0

Interior Features

Interior Steps: Yes

Construction

Frame - Stucco: Yes

Sewer

Connected: Yes

Water

Public: Yes

Main Cooling

Central Air: Yes

Main Heating

Electric: Yes
Forced Air: Yes

Terms

Cash: Yes
Conventional: Yes

Security

None: Yes

Sold Info

Seller Concessions: 0

Property Disclosures

Military Airport Vct: Yes

Listing Office: Keller Williams Southern Arizona

Last Updated: December - 09 - 2024

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