Vista Point Properties

928 E 6Th Street, Tucson, AZ 85719

$1,450,000
Property Type: Multi-Family Square Footage: 5,534 Lot Size (sq. ft.): 16,988 Status: Closed
Current Price: $1,450,000 List Date: 2/22/2014 Last Modified: 12/08/2024

Description

Gorgeously Remodeled Student Housing Group Home located across the Street from UofA Campus! Property leased through 7/2015! Property completely remodeled in Spring of 2011 with two new kitchens, 10 new bathrooms, all new hardwood and tile floors! Please view pictures and virtual tour. Serious investors only please. Amazing cashflow! Please do not disturb tenants or trespass onto property. One of the Members of the Seller is licensed to sell real estate in Arizona.

More Information MLS# 21405647

Address Information

Street #: 928 Direction: E Street Name: 6Th Suffix: Street State/Province: AZ Zip Code: 85719 County: Pima Country: USA

Location Tax Legal

Tax Code: 124-05-226B Area: Central Subdivision: Buells

Contract Information

Current Price: $1,450,000 Sold Price: $1,450,000 Listing Date: 2014-02-03 Status: Closed Distressed Info: None

Status Change Info

Off Market Date: 2014-02-21 Pending Date: 2014-03-14 Sold Date: 2014-03-27 Sold Price: $1,450,000 Sold Price/SqFt: 262.02 Lot Sz Sold Prc/SqFt: 85.35 How Sold: Conventional

General Property Information

Dwelling Type: Duplex Lot Dimensions: 96 X 175 Lot Acres: 0.39 Lot Sqft: 16988 Lot Size Source: Assessor Combined SqFt: 5534 Year Built: 1938 List Price/SqFt: 262.02 Lot Size Price/SqFt: 85.35

Remarks Misc

Geo Lat: 32.227393 Geo Lon: -110.956965

Showing Information

Directions: From Speedway and Euclid. South to 6th Street. East to address. Access to Parking lot off of back alley.

Unit Info

# of Units/Other: 2 Avg Mo Rent/Other: 14875

Analysis

Cap Rate %: 9.62 Gross Rent Multi: 8.12 Exp/SqFt: 7.06 Exp % of Gross: 21.89

Income

Gross Scheduled Rent: 178500 Adjusted Gross: 178500 Total Expenses: 39080 Net Opp Income: 139420

Expenses

Admin Expenses: 607 Contract Services: 1740 Insurance: 3914 Maintenance Supplies: 5387 Management: 17850 Taxes/Assessments: 6702 Other Expenses: 2880 Figures Presented: Actual

Interior Features

Interior Steps: Yes

Miscellaneous

Package Available: Yes

Property Features

Main Cooling: Zoned Main Heating: Forced Air; Natural Gas Sewer: Connected Water: Public Security: Window Bars Terms: Cash; Conventional Property Disclosures: Unknown
Listing Office: Tucson Integrity Realty, LLC
Last Updated: December - 08 - 2024
928 E 6Th Street, Tucson, AZ 85719- MLS# 21405647
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