3727 E 5th Street, Tucson, AZ 85716

$1,650,000
Property Type: Multi-Family Square Footage: 33,867 Lot Size (sq. ft.): 20 Status: Closed
Current Price: $1,650,000 List Date: 7/22/2005 Last Modified: 10/26/2024

Overview

Description

Great unit mix in Central location. Units are large w/great occupancy. 2 Tax codes 125-11-246D & 125-11-2440 Electric billed back to tenants.

Listing Details MLS# 2517195

Address Information

Street #
3727
Direction
E
Street Name
5th
Suffix
Street
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
125-11-2440
Area
Central
Subdivision
Speedway View Addition
Tax Year
2004
Taxes
8545
Assessments
0
Legal Description
Speedway View S167' W239.32' Lots 11 & 12 and W7.78' E21.78' N133;' M/L Lot 11 Blk 9
Township
14
Community
None
Range
14
Section
9
Municipality/Zoning
Tucson - R3
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
Irreguar
Lot Acres
1.9
Lot Sqft
82764
Lot Size Source
Assessor
Combined SqFt
33867
Year Built
1960
List Price/SqFt
50.17
Lot Size Price/SqFt
20.52

Property Features

Construction: Concrete Block Main Cooling: Central Air Sewer: Connected Water: Public Security: None Terms: Conventional Property Disclosures: Lead Based Paint; Military Airport Vct Sold Info: Financing

Status Change Info

Off Market Date
2005-10-31
Pending Date
2005-08-19
Sold Date
2005-10-31
Sold Price/SqFt
48.71
Lot Sz Sold Prc/SqFt
19.93
How Sold
Conventional

More Information

Showing Information

Directions
From Country Club East on 5th to address

Unit Info

# of Units/Studios
5
Avg Mo Rent/Studios
381
# of Units/1 BR
16
Avg Mo Rent/1 BR
447
# of Units/2 BR
22
Avg Mo Rent/2 BR
517
# of Units/3 BR
2
Avg Mo Rent/3 BR
552

Analysis

Cap Rate %
7.61
Gross Rent Multi
6.49
Vacancy Rate %
7.55
Exp/SqFt
3.9
Exp % of Gross
50.52

Income

Gross Scheduled Rent
258240
Vacancy Loss
19519
Other Income
22704
Adjusted Gross
261425
Total Expenses
132092
Net Opp Income
129333

Expenses

Contract Services
5766
Gas/Electric
57413
Insurance
1400
Maintenance Supplies
20952
Management
12966
Resident Manager
10000
Taxes/Assessments
8545
Water/Sewer
15050

Interior Features

Interior Steps
No

Miscellaneous

Master Elec Meter
Yes
Master Gas Meter
Yes
Master Water Meter
Yes
Package Available
No

Construction

Concrete Block
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes

Terms

Conventional
Yes

Security

None
Yes

Sold Info

Financing
Yes

Property Disclosures

Lead Based Paint
Yes
Military Airport Vct
Yes
Listing Office: Long Realty Company
IDX
Last Updated: October - 26 - 2024
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