$1,036,250
Tucson, AZ 85719
MLS# 2409147
Status: Closed
19250 sqft
1 / 4
Property Description
Rare find. 25 single story units. Most units updated with ceramic tile in kitchen and new appliances. Do not disturb tenants!!
Details
Documents
Address Information
Street #: 1518
Direction: E
Street Name: Hedrick
Suffix: Drive
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location Tax Legal
Tax Code: 113-07-190A
Area: Central
Subdivision: Hedrick Acreage Tract NO 3
Contract Information
Current Price: $1,036,250
Sold Price: $1,036,250
Listing Date: 2004-04-07
Status: Closed
Status Change Info
Off Market Date: 2004-08-17
Pending Date: 2004-06-11
Sold Date: 2004-08-17
Sold Price: $1,036,250
Sold Price/SqFt: 53.83
How Sold: Conventional
General Property Information
Lot Dimensions: 254.52x290.15
Lot Size Source: Assessor
Combined SqFt: 19250
Year Built: 1975
List Price/SqFt: 60
Remarks Misc
Geo Lat: 32.262497
Geo Lon: -110.949043
Showing Information
Directions: Ft Lowell/Campbell S to Hedrick W to address.
Unit Info
# of Units/1 BR: 1
Avg Mo Rent/1 BR: 400
# of Units/2 BR: 24
Avg Mo Rent/2 BR: 500
Analysis
Cap Rate %: 7.49
Gross Rent Multi: 8.22
Vacancy Rate %: 7
Exp/SqFt: 2.79
Exp % of Gross: 38.31
Income
Gross Scheduled Rent: 148800
Vacancy Loss: 10416
Other Income: 2000
Adjusted Gross: 140384
Total Expenses: 53790
Net Opp Income: 86594
Expenses
Gas/Electric: 10108
Insurance: 6177
Maintenance Supplies: 15976
Resident Manager: 7019
Taxes/Assessments: 9877
Water/Sewer: 4633
Interior Features
Interior Steps: No
Miscellaneous
Master Elec Meter: No
Master Gas Meter: Yes
Master Water Meter: Yes
Package Available: Yes
Property Features
Construction: Masonry Stucco
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional
Property Disclosures: Lead Based Paint
Sold Info: Financing
Lead Paint Discl 
Listing Office: Long Realty Company
Last Updated: October - 26 - 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.