4117 E Bellevue Street, Tucson, AZ 85712

$1,320,000
Property Type: Multi-Family Square Footage: 25,739 Lot Size (sq. ft.): 36,000 Status: Closed
Current Price: $1,320,000 List Date: 5/19/2017 Last Modified: 12/09/2024

Overview

Description

Great 27 unit complex. All units have AC and one covered parking space. Four older units rent for average of $517.per unit.

Listing Details MLS# 21709821

Address Information

Street #
4117
Direction
E
Street Name
Bellevue
Suffix
Street
State/Province
AZ
Zip Code
85712
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
122-13-110A
Area
Central
Subdivision
Speedway Addition NO. 1

General Property Information

Attached/Detached
Detached
Construction Status
Existing
Lot Dimensions
unknown
Lot Acres
0.83
Lot Sqft
36000
Lot Size Source
Assessor
Combined SqFt
25739
Year Built
1987
Total Parking
27
School District
TUSD
Elementary School
Wright
Middle School
Doolen
High School
Catalina
Horse Property
No
Horse Facilities
No
List Price/SqFt
55.75
Lot Size Price/SqFt
39.86

Property Features

Construction: Frame - Stucco Style: Contemporary Roof: Shingle Living Areas: Family Room Dining Areas: Dining in LR/GR Dining Room: Area Breakfast: Area Kitchen Features: Electric Range; Dishwasher; Refrigerator Bathroom Features: Shower & Tub/Hall Laundry: Laundry Closet Extra Room: None Interior Features: Smoke Detector Floor Covering: Carpet; Vinyl Window Covering: None Technology: Cable TV Main Cooling: Central Air Main Heating: Electric; Forced Air Water Heater: Electric Gas: None Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: Community Spa: None Fence: Wood Landscape - Front: Low Care Landscape - Rear: Low Care View: None Road Type: Paved Exterior Feature: None Lot Features: North/South Exposure Neighborhood Features: None Terms: Conventional Submit With Offer: Lender Pre-Approval; Proof of Funds Property Disclosures: Unknown Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

Status Change Info

Off Market Date
2017-05-24
Pending Date
2017-05-24
Sold Date
2017-11-20
Sold Price/SqFt
51.28
Lot Sz Sold Prc/SqFt
36.67
How Sold
Conventional

More Information

Showing Information

Directions
North on Columbus from speedway, West on Bellevue to address.

Unit Info

# of Units/2 BR
27
Avg Mo Rent/2 BR
600

Unit 1 Information

Monthly Rent
600
# Beds
54
# Full Baths
27
SqFt
900
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
Carport

Analysis

Cap Rate %
8.22
Gross Rent Multi
7.69
Vacancy Rate %
9.97
Exp/SqFt
2.45
Exp % of Gross
36.72

Income

Gross Scheduled Rent
190560
Vacancy Loss
19000
Adjusted Gross
171560
Total Expenses
63005
Net Opp Income
108555

Expenses

Contract Services
2160
Gas/Electric
2140
Insurance
4029
Maintenance Supplies
24000
Management
12600
Taxes/Assessments
15176
Water/Sewer
2900
Figures Presented
Proforma

Electric

Electric Company
TEP

Utilities Paid

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

Driveway

Paved
Asphalt

RV Parking

Other
none

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
No
CC&Rs
No

Home Protection

Offered
No

Miscellaneous

Master Elec Meter
No
IDX
Listing Office: D.L. White Real Estate, Inc.
Last Updated: December - 09 - 2024
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