928 E 6Th Street, Tucson, AZ 85719

$1,450,000
Property Type: Multi-Family Square Footage: 5,534 Lot Size (sq. ft.): 85 Status: Closed
Current Price: $1,450,000 List Date: 2/22/2014 Last Modified: 12/08/2024

Overview

Description

Gorgeously Remodeled Student Housing Group Home located across the Street from UofA Campus! Property leased through 7/2015! Property completely remodeled in Spring of 2011 with two new kitchens, 10 new bathrooms, all new hardwood and tile floors! Please view pictures and virtual tour. Serious investors only please. Amazing cashflow! Please do not disturb tenants or trespass onto property. One of the Members of the Seller is licensed to sell real estate in Arizona.

Listing Details MLS# 21405647

Address Information

Street #
928
Direction
E
Street Name
6Th
Suffix
Street
State/Province
AZ
Zip Code
85719
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
124-05-226B
Area
Central
Subdivision
Buells
Tax Year
2013
Taxes
6702
Assessments
0
Legal Description
BUELLS LOT 11 & 12 BLK 19 EXC N5.4'
Township
14
Community
None
Range
14
Section
7
Municipality/Zoning
Tucson - R3
Fire Protection
Included in Taxes

General Property Information

Dwelling Type
Duplex
Lot Dimensions
96 X 175
Lot Acres
0.39
Lot Sqft
16988
Lot Size Source
Assessor
Combined SqFt
5534
Year Built
1938
List Price/SqFt
262.02
Lot Size Price/SqFt
85.35

Property Features

Main Cooling: Zoned Main Heating: Forced Air; Natural Gas Sewer: Connected Water: Public Security: Window Bars Terms: Cash; Conventional Property Disclosures: Unknown

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2014-02-21
Pending Date
2014-03-14
Sold Date
2014-03-27
Sold Price/SqFt
262.02
Lot Sz Sold Prc/SqFt
85.35
How Sold
Conventional

More Information

Showing Information

Directions
From Speedway and Euclid. South to 6th Street. East to address. Access to Parking lot off of back alley.

Unit Info

# of Units/Other
2
Avg Mo Rent/Other
14875
Avg Mo Rent/Studios
0
Avg Mo Rent/1 BR
0
Avg Mo Rent/2 BR
0
Avg Mo Rent/3 BR
0

Analysis

Cap Rate %
9.62
Gross Rent Multi
8.12
Exp/SqFt
7.06
Exp % of Gross
21.89
Vacancy Rate %
0

Income

Gross Scheduled Rent
178500
Adjusted Gross
178500
Total Expenses
39080
Net Opp Income
139420
Vacancy Loss
0
Other Income
0

Expenses

Admin Expenses
607
Contract Services
1740
Insurance
3914
Maintenance Supplies
5387
Management
17850
Taxes/Assessments
6702
Other Expenses
2880
Figures Presented
Actual
Capital Expenses
0
Gas/Electric
0
Resident Manager
0
Water/Sewer
0

Interior Features

Interior Steps
Yes

Miscellaneous

Package Available
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Zoned
Yes

Main Heating

Forced Air
Yes
Natural Gas
Yes

Terms

Cash
Yes
Conventional
Yes

Security

Window Bars
Yes

Property Disclosures

Unknown
Yes
Listing Office: Tucson Integrity Realty, LLC
IDX
Last Updated: December - 08 - 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.