705 E University Boulevard, Tucson, AZ 85719
$1,000,000
Property Type:
Multi-Family
Square Footage:
5,535
Lot Size (sq. ft.):
15,246
Status:
Closed
Current Price:
$1,000,000
List Date:
10/17/2024
Last Modified:
11/11/2024
Overview
Description
Listing Details MLS# 22425726
Address Information
- Street #
- 705
- Direction
- E
- Street Name
- University
- Suffix
- Boulevard
- State/Province
- AZ
- Zip Code
- 85719
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 124-05-1016
- Area
- Central
- Subdivision
- Buells Addition, Blks 13, 14, 15 Resub.
General Property Information
- Dwelling Type
- Quadruplex
- Attached/Detached
- Attached
- Construction Status
- Existing
- Lot Dimensions
- 101X152X104X152
- Lot Acres
- 0.35
- Lot Sqft
- 15246
- Lot Size Source
- Assessor
- Combined SqFt
- 5535
- Year Built
- 1916
- Total Parking
- 10
- School District
- TUSD
- Elementary School
- Roskruge
- Middle School
- Roskruge Bilingual Magnet
- High School
- Tucson
- Horse Property
- No
- Horse Facilities
- No
- List Price/SqFt
- 216.8
- Lot Size Price/SqFt
- 78.71
Property Features
Construction:
Concrete Block
Style:
Territorial
Roof:
Rolled
Living Areas:
Living Room
Dining Areas:
Dining in LR/GR
Dining Room:
None
Breakfast:
Area
Bathroom Features:
Shower & Tub/Primary
Laundry:
None
Extra Room:
None
Interior Features:
Smoke Detector; Vaulted Ceiling(s)
Floor Covering:
Ceramic Tile; Wood
Window Covering:
Some
Technology:
Telephone
Main Cooling:
Central Air; Window Unit(s)
Main Heating:
Electric; Wall Furnace
Water Heater:
Natural Gas
Gas:
Natural
Sewer:
Connected
Accessibility Option:
None
Security:
None
Pool:
None
Spa:
None
Fence:
Wrought Iron
Landscape - Front:
None
Landscape - Rear:
None
View:
Mountain(s)
Road Type:
Paved
Driveway:
To Property Line
Exterior Feature:
None
Lot Features:
Adjacent to Alley; Corner Lot; North/South Exposure
Terms:
Cash; Conventional; Submit
Submit With Offer:
Earnest Check; Lender Pre-Approval; Loan Pre-Qualifiaction; Loan Status; Proof of Funds
Property Disclosures:
Deed Restrictions; Lead Based Paint; 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
- 2024-10-25
- Pending Date
- 2024-11-07
- Sold Date
- 2024-11-08
- Sold Price/SqFt
- 180.67
- Lot Sz Sold Prc/SqFt
- 65.59
- How Sold
- Cash
More Information
Showing Information
- Directions
- Euclid & University, West on University to address on the North Side of University
Unit Info
- # of Units/2 BR
- 4
- Avg Mo Rent/2 BR
- 1161.25
Unit 1 Information
- Monthly Rent
- 1220
- # Beds
- 2
- # Full Baths
- Yes
- SqFt
- 1200
- Occupancy
- Yes
- Stories
- Single
- Floor
- 1st
- Furnished
- No
- Parking
- On Property
Unit 2 Information
- Monthly Rent
- 1220
- # Beds
- 2
- # Full Baths
- Yes
- SqFt
- 1200
- Occupancy
- Yes
- Stories
- Single
- Floor
- 1st
- Furnished
- No
- Parking
- On Property
Unit 3 Information
- Monthly Rent
- 1195
- # Beds
- 2
- # Full Baths
- Yes
- SqFt
- 1200
- Occupancy
- Yes
- Stories
- Single
- Floor
- 2nd
- Furnished
- No
- Parking
- On Property
Unit 4 Information
- Monthly Rent
- 1010
- # Beds
- 2
- # Full Baths
- Yes
- SqFt
- 1200
- Occupancy
- Yes
- Stories
- Single
- Floor
- 2nd
- Furnished
- No
- Parking
- On Property
Analysis
- Cap Rate %
- 4.09
- Gross Rent Multi
- 17.98
- Exp/SqFt
- 2.66
- Exp % of Gross
- 26.52
Income
- Gross Scheduled Rent
- 55620
- Adjusted Gross
- 55620
- Total Expenses
- 14749.4
- Net Opp Income
- 40870.6
Expenses
- Insurance
- 4551.58
- Management
- 5562
- Taxes/Assessments
- 3567.82
- Water/Sewer
- 1068
- Figures Presented
- Proforma
Kitchen Features
- Pantry
- Cabinet
- Appliance Color
- White
- Oven
- Gas Stove
Interior Features
- Interior Steps
- Yes
Electric
- Electric Company
- TEP
Water
- Water Company
- City
Utilities Paid
- Cable TV
- Tenant
- Electric
- Tenant
- Gas
- Tenant
- Insurance
- Owner
- Landscaping
- Owner
- Sewer
- Owner
- Taxes
- Owner
- Trash
- Owner
- Water
- Tenant
RV Parking
- Other
- None
Neighborhood Features
- Green Valley Rec
- No
Subdivision Restrict
- Age Restrictions
- No
- Deed Restrictions
- Yes
- CC&Rs
- Yes
Submit With Offer
- Digital Signatures
- Yes
- Seller Title Company
- Fidelity National
Home Protection
- Offered
- No
Sold Info
- Down Payment
- 100000
- Est. Closing Date
- 2024-11-08
Documents
Lead Paint Discl ›
Listing Office:
Tucson's Choice Property Management & Real Estate Group LLC
Last Updated: November - 11 - 2024
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