3622 E 4Th Street, Tucson, AZ 85716

$1,370,000
Property Type: Multi-Family Square Footage: 11,676 Lot Size (sq. ft.): 39,639 Status: Closed
Current Price: $1,370,000 List Date: 3/02/2017 Last Modified: 12/09/2024

Overview

Description

Unique 12 one and 2 story casita all 2 br 2 bath units. Polished concrete floors. all have fireplaces, dishwashers, washer/dryer hook ups, Some do include washer/dryer's. A/C, celling fans in most rooms, Private fenced yards, 2 car carports for each unit. ALL UNITS SEPARATELY METERED FOR GAS,ELECTRIC,WATER,SEWER & TRASH. all #'s are actual. 100% occupied.

Listing Details MLS# 21623815

Address Information

Street #
3622
Direction
E
Street Name
4Th
Suffix
Street
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
125-11-2230
Area
Central
Subdivision
Speedway View Addition

General Property Information

Lot Dimensions
132.6 x 184
Lot Acres
0.91
Lot Sqft
39639
Lot Size Source
Assessor
Combined SqFt
11676
Year Built
1997
List Price/SqFt
129.33
Lot Size Price/SqFt
38.09

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Heat Pump 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
2017-03-13
Pending Date
2017-03-13
Sold Date
2017-04-25
Sold Price/SqFt
117.33
Lot Sz Sold Prc/SqFt
34.56
How Sold
Cash

More Information

Showing Information

Directions
Alvernon/4th West to address

Unit Info

# of Units/2 BR
12
Avg Mo Rent/2 BR
927.5

Analysis

Cap Rate %
6.89
Gross Rent Multi
10.68
Vacancy Rate %
4
Exp/SqFt
2.9
Exp % of Gross
26.4

Income

Gross Scheduled Rent
133560
Vacancy Loss
5342
Adjusted Gross
128218
Total Expenses
33854
Net Opp Income
94364

Expenses

Admin Expenses
1000
Contract Services
1200
Insurance
2343
Maintenance Supplies
6000
Management
8882
Taxes/Assessments
11029
Other Expenses
3400
Figures Presented
Actual

Interior Features

Interior Steps
Yes

Miscellaneous

Package Available
Yes
IDX
Listing Office: Long Realty Company
Last Updated: December - 09 - 2024
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