725 E 10Th Street, Tucson, AZ 85719

$1,350,000
Property Type: Multi-Family Square Footage: 10,368 Lot Size (sq. ft.): 46 Status: Closed
Current Price: $1,350,000 List Date: 4/03/2017 Last Modified: 12/09/2024

Overview

Description

Must see to appreciate. 17 railroad housing style units. Just 4 blocks from U of A. All units upgraded with A/C

Listing Details MLS# 21709039

Address Information

Street #
725
Direction
E
Street Name
10Th
Suffix
Street
State/Province
AZ
Zip Code
85719
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
124-07-0550
Area
Central
Subdivision
Rieckers Addition
Comparable Only Listing
No
Tax Year
2016
Taxes
9767.34
Assessments
0
Legal Description
Long Legal
Township
14
Community
None
Range
14
Section
7
Municipality/Zoning
Tucson - R3
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
150 x 183
Lot Acres
0.69
Lot Sqft
30195
Lot Size Source
Assessor
Combined SqFt
10368
Year Built
1921
List Price/SqFt
135.03
Lot Size Price/SqFt
46.37

Property Features

Construction: Brick Main Cooling: Zoned Main Heating: Electric; Zoned 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
2017-05-25
Pending Date
2017-06-13
Sold Date
2017-06-20
Sold Price/SqFt
130.21
Lot Sz Sold Prc/SqFt
44.71
How Sold
Cash

More Information

Showing Information

Directions
6th & Euclid, S to 10th West to address

Unit Info

# of Units/1 BR
9
Avg Mo Rent/1 BR
625
# of Units/2 BR
8
Avg Mo Rent/2 BR
800
Avg Mo Rent/Studios
0
Avg Mo Rent/3 BR
0
Avg Mo Rent/Other
0

Analysis

Cap Rate %
6.83
Gross Rent Multi
9.77
Vacancy Rate %
5.04
Exp/SqFt
4.44
Exp % of Gross
33.28

Income

Gross Scheduled Rent
144300
Vacancy Loss
7273
Other Income
1152
Adjusted Gross
138179
Total Expenses
45987
Net Opp Income
92192

Expenses

Insurance
5527
Maintenance Supplies
13818
Management
11054
Taxes/Assessments
9767
Water/Sewer
5821
Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Resident Manager
0
Other Expenses
0

Interior Features

Interior Steps
Yes

Miscellaneous

Master Water Meter
Yes

Construction

Brick
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Zoned
Yes

Main Heating

Electric
Yes
Zoned
Yes

Terms

Cash
Yes
Conventional
Yes

Security

None
Yes

Sold Info

Seller Concessions
0

Property Disclosures

Military Airport Vct
Yes
Listing Office: Long Realty Company
IDX
Last Updated: December - 09 - 2024
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