1311 N Gila Street, Tucson, AZ 85745 (MLS# 22104164)


$499,000
1311 N Gila Street
Tucson, AZ 85745
MLS# 22104164
Status: Closed
4060 sqft


1311 N Gila Street, Tucson, AZ 85745
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1311 N Gila Street, Tucson, AZ 85745 1311 N Gila Street, Tucson, AZ 85745 1311 N Gila Street, Tucson, AZ 85745 1311 N Gila Street, Tucson, AZ 85745 1311 N Gila Street, Tucson, AZ 85745 1311 N Gila Street, Tucson, AZ 85745

Property Description
This is a great opportunity to own 4 units close to everything. Located near the School for the Deaf and Blind, Only minutes to the UofA, pima community college, Mercado, Barrio, and downtown. Near El Rio golf course. Plenty of parking. All units are in great shape with tile floors, AC, Balconies or enclosed yards, laundry in each unit. Call Danny for information on purchasing 3 four plexes on same property for a total of 12. They have 3 different tax codes for easy financing. They share parking lot and dumpster at this time.

Details
Maps
Address Information
Street #: 1311
Direction: N
Street Name: Gila
Suffix: Street
State/Province: AZ
Zip Code: 85745
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 115-17-229C
Tax Year: 2020
Taxes: 2320.46
Taxes For: Dwelling & Land
Legal Description: EL RIO ACRES PTN OF LOT 136
Area: West
Subdivision: El Rio Acres
Township: 14
Range: 13
Section: 2
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Community: None
Contract Information
Current Price: $490,000
List Price: $499,000
Listing Date: 2021-02-16
Status: Closed
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Pending Date: 2021-03-10
Sold Date: 2021-03-29
Sold Price: 490000
Sold Price/SqFt: 120.69
Lot Sz Sold Prc/SqFt: 36.05
How Sold: Conventional
Showing Information
Directions: Speedway Blvd./Grande Ave., West on Speedway Blvd., North on Yucca St., To Riverview east, South on Gila St. to property.
General Property Information
Dwelling Type: 4 Plex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.31
Lot Sqft: 13593
Lot Size Source: Assessor
Combined SqFt: 4060
Year Built: 1990
Total Parking: 8
School District: TUSD
Elementary School: Tully
Middle School: Mansfeld
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 122.91
Lot Size Price/SqFt: 36.71
Remarks & Misc
Geo Lat: 32.23857
Geo Lon: -110.992138
Unit 1 Information
Monthly Rent: 975
# Beds: 3
# Full Baths: 2
SqFt: 1015
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 975
# Beds: 3
# Full Baths: 2
SqFt: 1015
Occupancy: Yes
Stories: Single
Floor: 2nd
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 975
# Beds: 3
# Full Baths: 2
SqFt: 1015
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property
Unit 4 Information
Monthly Rent: 975
# Beds: 3
# Full Baths: 2
SqFt: 1015
Occupancy: Yes
Stories: Single
Floor: 2nd
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 6.71
Gross Rent Multi: 10.79
Vacancy Rate %: 3
Exp/SqFt: 3.09
Exp % of Gross: 27.61
Income
Gross Scheduled Rent: 46800
Vacancy Loss: 1404
Adjusted Gross: 45396
Total Expenses: 12534
Net Opp Income: 32862
Expenses
Insurance: 350
Management: 3744
Taxes/Assessments: 2320
Water/Sewer: 1440
Other Expenses: 4680
Figures Presented: Proforma
Interior Features
Interior Steps: No
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Driveway
Paved: Asphalt
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No
Association & Fees
HOA: No
Home Protection
Offered: No
Sold Info
Seller Concessions: 5000
Property Features
Construction: Frame - Stucco
Style: Contemporary
Roof: Built-Up
Living Areas: Family Room
Dining Areas: Eat-In Kitchen
Dining Room: Area
Breakfast: Area
Kitchen Features: Electric Range
Bathroom Features: Shower & Tub/Master
Laundry: Room
Extra Room: None
Floor Covering: Ceramic Tile
Window Covering: None
Technology: Cable TV
Main Cooling: AC Central
Main Heating: Forced Air - Elec
Water Heater: Electric
Gas: None
Sewer: Connected
Water: City Water
Accessibility Option: None
Security: None
Patio/Deck: None
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: None
Road Type: Paved
RV Parking: Space Available
Exterior Feature: None
Lot Features: Subdivided Lots
Neighborhood Features: None
Terms: Cash; Conventional; Owner Carry
Submit With Offer: Loan Pre-Qualifiaction
Property Disclosures: Seller Prop Disclosure
Special Conditions: None

Listing Office: Keller Williams Southern Arizona

Last Updated: April - 06 - 2021

1311 N Gila Street, Tucson, AZ 85745 - MLS# 22104164

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.

Tuesday 20th of April 2021 10:50 PM

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