$1,250,000
Tucson, AZ 85719
MLS# 21700513
Status: Closed
8629 sqft
1 / 3
Property Description
2 triplexes all 2 bedroom and 1 bath. and a 5 bedroom house surrounding a pool and inside a walled area. next to the UMC and a few blocks from the University of Arizona campus
Details
Address Information
Street #: 1409-1429
Direction: E
Street Name: Drachman
Suffix: Street
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location Tax Legal
Tax Code: 123-17-2030
Area: Central
Subdivision: Plumer & Steward Add 2
Contract Information
Current Price: $1,250,000
Sold Price: $1,250,000
Listing Date: 2016-12-22
Status: Closed
Distressed Info: None
Status Change Info
Off Market Date: 2017-01-05
Pending Date: 2017-02-12
Sold Date: 2017-02-16
Sold Price: $1,250,000
Sold Price/SqFt: 144.86
Lot Sz Sold Prc/SqFt: 55.56
How Sold: Cash Owner Carryback
General Property Information
Lot Dimensions: 150x150 (3 lots of 50x150)
Lot Acres: 0.52
Lot Sqft: 22500
Lot Size Source: Assessor
Combined SqFt: 8629
Year Built: 1952
List Price/SqFt: 144.86
Lot Size Price/SqFt: 55.56
Remarks Misc
Geo Lat: 32.239886
Geo Lon: -110.950898
Showing Information
Directions: From Speedway and Mountain. N to Drachman. E to address located on N side of road between Highland and Vine.
Unit Info
# of Units/2 BR: 6
Avg Mo Rent/2 BR: 917
# of Units/Other: 1
Avg Mo Rent/Other: 2350
Analysis
Cap Rate %: 5.39
Gross Rent Multi: 11.53
Exp/SqFt: 4.76
Exp % of Gross: 37.9
Income
Gross Scheduled Rent: 100005.83
Other Income: 8426.51
Adjusted Gross: 108432.34
Total Expenses: 41090.99
Net Opp Income: 67341.35
Expenses
Admin Expenses: 4243.65
Capital Expenses: 4413.99
Gas/Electric: 651.35
Insurance: 3960.81
Maintenance Supplies: 740.84
Management: 10105.5
Taxes/Assessments: 7426.06
Water/Sewer: 6240.16
Other Expenses: 3308.63
Figures Presented: Actual
Property Features
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional; Owner Carry
Property Disclosures: Unknown
Listing Office: Keller Williams Southern Arizona
Last Updated: December - 09 - 2024
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