3601 E 2nd Street, Tucson, AZ 85716
$1,735,000
Property Type:
Multi-Family
Square Footage:
20,192
Lot Size (sq. ft.):
37,026
Status:
Closed
Current Price:
$1,735,000
List Date:
11/06/2007
Last Modified:
10/26/2024
Description
Numbers are actuals rents have good upside. Units are a/c, pool and ample parking. property is 100% OCCUPIED
More Information MLS# 20744485
Address Information
Street #: 3601
Direction: E
Street Name: 2nd
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA
Location Tax Legal
Tax Code: 125-11-0850
Area: Central
Subdivision: Speedway View Addition
Contract Information
Current Price: $1,735,000
Sold Price: $1,735,000
Listing Date: 2007-11-06
Status: Closed
Status Change Info
Off Market Date: 2008-02-29
Pending Date: 2008-02-06
Sold Date: 2008-02-29
Sold Price: $1,735,000
Sold Price/SqFt: 85.93
Lot Sz Sold Prc/SqFt: 46.86
How Sold: Conventional
General Property Information
Lot Dimensions: 265.2x300
Lot Acres: 0.85
Lot Sqft: 37026
Lot Size Source: Other
Combined SqFt: 20192
Year Built: 1962
List Price/SqFt: 91.62
Lot Size Price/SqFt: 49.96
Remarks Misc
Geo Lat: 32.234301
Geo Lon: -110.915527
Showing Information
Directions: Country Club/Speedway East then South on Richey E on 2nd to address.
Unit Info
# of Units/Studios: 22
Avg Mo Rent/Studios: 375
# of Units/1 BR: 20
Avg Mo Rent/1 BR: 454
Analysis
Cap Rate %: 6.19
Gross Rent Multi: 9.36
Vacancy Rate %: 5
Exp/SqFt: 4.11
Exp % of Gross: 42.03
Income
Gross Scheduled Rent: 207960
Vacancy Loss: 10398
Adjusted Gross: 197562
Total Expenses: 83036
Net Opp Income: 114526
Expenses
Admin Expenses: 300
Contract Services: 3000
Insurance: 6500
Maintenance Supplies: 12500
Resident Manager: 9878
Taxes/Assessments: 11758
Water/Sewer: 26500
Other Expenses: 12600
Interior Features
Interior Steps: No
Miscellaneous
Master Elec Meter: No
Master Gas Meter: Yes
Master Water Meter: Yes
Package Available: Yes
Property Features
Construction: Concrete Block
Main Heating: Baseboard
Sewer: Connected
Water: Public
Security: None
Terms: Conventional
Property Disclosures: Lead Based Paint; Military Airport Vct
Sold Info: Financing
Documents
Lead Paint Discl ›Listing Office: Long Realty Company
Last Updated: October - 26 - 2024
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