$319,000
Tucson, AZ 85745
MLS# 22104020
Status: Closed
2148 sqft
1 / 8
Property Description
This is a great opportunity to own a tri-plex. Also available next door is a duplex. These 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, enclosed yards, laundry in each unit. Call Danny for information on purchasing many more units in different locations as a package deal. 36 total units are available.
Details
Maps
Address Information
Street #: 1409
Direction: N
Street Name: El Rio
Suffix: Drive
State/Province: AZ
Zip Code: 85745
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 115-22-006A
Tax Year: 2020
Taxes: 1535.03
Taxes For: Dwelling & Land
Legal Description: EL RIO ESTATES N50' LOT 1 & S30' WLY 44' LOT 2
Area: West
Subdivision: El Rio Estates
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: $320,000
List Price: $319,000
Listing Date: 2021-02-13
Status: Closed
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Pending Date: 2021-03-10
Sold Date: 2021-03-26
Sold Price: 320000
Sold Price/SqFt: 148.98
Lot Sz Sold Prc/SqFt: 34.59
How Sold: Conventional
Showing Information
Directions: Speedway Blvd./Grande ave., West on Speedway Blvd., North on Riverview Blvd.,
To El Rio Drive to property.
General Property Information
Dwelling Type: 3 Plex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.21
Lot Sqft: 9252
Lot Size Source: Assessor
Combined SqFt: 2148
Year Built: 1986
Total Parking: 12
School District: TUSD
Elementary School: Tully
Middle School: Mansfeld
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 148.51
Lot Size Price/SqFt: 34.48
Remarks & Misc
Geo Lat: 32.239609
Geo Lon: -110.99274
Unit 1 Information
Monthly Rent: 795
# Beds: 2
# Full Baths: 1
SqFt: 718
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 795
# Beds: 2
# Full Baths: 1
SqFt: 718
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 795
# Beds: 2
# Full Baths: 1
SqFt: 718
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 6.8
Gross Rent Multi: 11.48
Vacancy Rate %: 2.62
Exp/SqFt: 2.85
Exp % of Gross: 21.93
Income
Gross Scheduled Rent: 28620
Vacancy Loss: 751
Adjusted Gross: 27869
Total Expenses: 6112
Net Opp Income: 21757
Expenses
Insurance: 350
Management: 2002
Taxes/Assessments: 2320
Water/Sewer: 1440
Figures Presented: Proforma
Kitchen Features
Oven: electric
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Owner
Insurance: Owner
Landscaping: 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: 5388.9
Property Features
Construction: Frame - Stucco
Style: Contemporary
Roof: Shingle
Living Areas: Living Room
Dining Areas: Eat-In Kitchen
Dining Room: Area
Breakfast: Area
Kitchen Features: Electric Range; Dishwasher; Garbage Disposal; Refrigerator
Bathroom Features: Shower & Tub/Master
Laundry: Closet
Extra Room: None
Interior Features: Smoke Detector
Floor Covering: Ceramic Tile
Window Covering: None
Technology: Cable TV; Telephone
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: Decorative Gravel
Landscape - Rear: None
View: Mountain
Road Type: Paved
RV Parking: Space Available
Exterior Feature: None
Lot Features: Subdivided Lots
Neighborhood Features: Golf
Terms: Cash; Conventional; Owner Carry
Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Seller Prop Disclosure
Special Conditions: None
Listing Office: Keller Williams Southern Arizona
Last Updated: April - 09 - 2021
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Tuesday 20th of April 2021 10:31 PM