$279,000
Tucson, AZ 85705
MLS# 5854697
Status: Closed
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Property Description
This is zoned as a mixed use property-What a great place for an architect or self employed occupant Fully occupied! See the Document Tab for additional information. Tenants in place and NO showings without accepted contract drive by only. Buyer to verify all facts and figures.
Details
Maps
Documents
Contract Info
Current Price: $279,000
Sold Price: $279,000
Status: Closed
List Date: 2018-12-05
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: C76
House Number: 41
Compass: E
Street Name: Speedway
St Suffix: Boulevard
City/Town Code: Tucson
State/Province: AZ
Zip Code: 85705
Zip4: 6605
Country: USA
County Code: Pima
Assessor's Map #: 8
Assessor's Parcel #: 102
Add'l Parcels: No
Assessor Number: 115-08-102
Legal: Legal Description to be supplied by Title to govern
Tax Municipality: Tucson
Taxes: 3429
Tax Year: 2018
Marketing Name: 4 plex
General Property Description
Lot Size Dimensions: irregular
Year Built: 1930
Uncvrd Parking Spcs: 6
Total # of Units: 4
# of Buildings: 2
Zoning: C-1
Elementary School District: Out of Area
High School District: Out of Area
Remarks & Misc
Cross Street: Speedway and 7th Avenue
Directions: In Tucson-from the 1-10 exit Speedway and go East to 7th Ave (short distance) . Property is located on the northwest corner.
Geo Lat: 32.23612
Geo Lon: -110.970545
Status Change Info
Status Change Date: 2019-06-24
Off Market Date: 2019-05-22
Under Contract Date: 2019-05-21
Close of Escrow Date: 2019-06-24
Sold Price: $279,000
Income & Expenses
Annual Gas Exp: 1400
Annual Ins Exp: 1200
Annual Mgmt Exp: 2880
Annual Wtr/Swr Exp: 2400
Owner Association: No
Operating Exp: 11309
Gross Annual Sch Inc: 31740
Vacancy Allowance: 0.03
Adjusted Gross Inc: 30787.8
Totl Mnth Rntal Inc: 2645
Net Operating Income: 19478
Pmt & Rate Info
Cap Rate: 5.99
Equity: 325000
Efficiency Units
# Efficiency Units: 1
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 1
2 Bedroom Units
# 2 Bedroom Units: 2
# Baths: 1
Sold Info
Loan Type: FHA
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 5000
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Block; Adobe
Const - Finish: Painted; Stucco
Roofing: Comp Shingle; Other (See Remarks)
Floors: Concrete; Vinyl; Ceramic Tile; Carpet
Sale Includes: Personal Property
Community Amenities: No Pool
Exterior Amenities: Fenced; Cable TV Available; Patio/Balcony; Separate Storage; Security Light(s)
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds; Drapes; Breakfast Bar; Basement
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal
Heating: Natural Gas; Individual
Cooling: Ceiling Fan(s); Electric; Individual
Water: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: Individual Meter; Other (See Remarks)
Gas: SW Gas
Parking: >1 Space Per Unit
Roads/Streets: Asphalt
Owner Pays: Water; Gas; Trash Collection; Landscaping
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; FHA; Conventional; No Carry
Reports/Disclosures: Sch of Personal Prop
Environmental: None
Insurance Run Loss Listing Office: Gerchick Real Estate
Last Updated: June - 24 - 2019
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