1010 E Lee Street, Tucson, AZ 85719 (MLS# 21703842)

1010 E Lee Street, Tucson, AZ 85719

$1,600,000
Property Type: Commercial Square Footage: 12,460 Lot Size (sq. ft.): 30 Status: Closed
Current Price: $1,600,000 List Date: 2/09/2017 Last Modified: 12/09/2024

Description

Class A-B investment package 21 total units on 6 different properties. 1 six BR house, 1 five BR house, 4 two BR, 15 one BR. All units combined are approx. 12460 sq ft. Now under professional management with rental increase expected. Located near UA and downtown. Appealing to families, students, and professionals. http://apexaz.com/parkandlee/

More Information MLS# 21703842

Address Information

Country: USA Street #: 1010 Direction: E Street Name: Lee Suffix: Street State/Province: AZ Zip Code: 85719 County: Pima

Location, Tax & Legal

Tax Year: 2016 Taxes: 11206.62 Assessments: 66492 Legal Description: UNIVERSITY HOME LOT 8 BLK 18; UNIVERSITY HOME N75' LOT 9 & 10 BLK 18 Municipality/Zoning: Tucson - R2 Fire Protection: Included in Taxes Tax Code: 123-15-2380 Area: Central

Status Change Info

Off Market Date: 2017-02-09 Sold Price/SqFt: 128.41 Lot Sz Sold Prc/SqFt: 30.08 Financing: Cash Owner Carryback Pending Date: 2017-03-27 Sold Date: 2017-03-31 Sold Price: $1,600,000

General Property Information

# Units: 21 Lot Dimensions: Irregular Lot Acres: 1.22 Lot Sqft: 53200 Lot Size Source: Assessor Source of SqFt: Assessor List Price/SqFt: 128.41 Lot Size Price/SqFt: 30.08 Year Built: 1927 Combined SqFt: 12460

Income

Total Expenses: 76157.46

Analysis

Exp/SqFt: 6.11

Construction

Frame - Stucco: 1

Expenses

Admin Expenses: 0 Captial Expenses: 0 Contract Services: 0 Figures Presented: Actual Gas/Electric: 4187.44 Insurance: 7949.54 Maintenance Supplies: 20521.32 Management: 20156.82 Resident Manager: 0 Taxes/Assessments: 11206.62 Water/Sewer: 8134.8 Other Expenses: 4000.93

Sewer

Connected: 1

Water

Public: 1

Main Cooling

Wall Unit(s): 1

Main Heating

Wall Furnace: 1

Terms

Cash: 1 Conventional: 1 Owner Carry: 1

Sold Info

Seller Concessions: 0

Property Disclosures

Unknown: 1

Contract Information

Current Price: $1,600,000 Sold Price: $1,600,000 Listing Date: 2017-01-27 Status: Closed

Remarks Misc

Geo Lat: 32.241301 Geo Lon: -110.956366

Property Features

Construction: Frame - Stucco Main Cooling: Wall Unit(s) Main Heating: Wall Furnace Sewer: Connected Water: Public Terms: Cash; Conventional; Owner Carry Property Disclosures: Unknown
Listing Office: Keller Williams Southern Arizona
Last Updated: December - 09 - 2024
1010 E Lee Street, Tucson, AZ 85719- MLS# 21703842
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