1104 E 7Th Street, Tucson, AZ 85719
$1,350,000
Property Type:
Multi-Family
Square Footage:
5,795
Lot Size (sq. ft.):
97
Status:
Closed
Current Price:
$1,350,000
List Date:
12/04/2018
Last Modified:
12/11/2024
Description
AMAZING, student rental investment opportunity one block south of the University of Arizona! Leased through July 2020. Two units on large R-3 Lot. First house is an 8bd/3bth and second house is a 6bd/3bth. Never been vacant since remodel in 2010. Current management company will continue to manage if desired by new owner. Over $250,000 in renovations in 2010 including Brand new kitchens, bathrooms, electrical, drywall, appliances, flooring, pool, fencing, etc! Very desirable rental location with beautifully remodeled units! PLEASE DO NOT DISTURB TENANTS. One of the Members of the LLC is a licensed real estate broker in Arizona.
More Information MLS# 21831903
Address Information
Country: USA
Street #: 1104
Direction: E
Street Name: 7Th
Suffix: Street
State/Province: AZ
Zip Code: 85719
County: Pima
Location, Tax & Legal
Tax Year: 2018
Taxes: 7691
Assessments: 0
Taxes For: Dwelling & Land
Legal Description: BUELLS N150' OF LOTS 15 & 16 BLK 26
Township: 14
Community: None
Range: 14
Section: 7
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 124-06-0850
Area: Central
Subdivision: Buells
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $1,350,000
Sold Price: $1,350,000
Listing Date: 2018-12-04
Status: Closed
Status Change Info
Off Market Date: 2018-12-05
Sold Price/SqFt: 232.96
Lot Sz Sold Prc/SqFt: 91.15
How Sold: Conventional
Pending Date: 2018-12-31
Sold Date: 2019-01-28
Sold Price: $1,350,000
Showing Information
Directions: From 6th and Euclid. East to Fremont. South to 7th street. Located on SE corner of Fremont and 7th.
General Property Information
Dwelling Type: Duplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 100 x 148
Lot Acres: 0.34
Total Parking: 14
Lot Sqft: 14810
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Blenman
Middle School: Mansfeld
High School: Tucson
Horse Facilities: No
List Price/SqFt: 250.22
Lot Size Price/SqFt: 97.91
Combined SqFt: 5795
Year Built: 1917
Unit Info
Avg Mo Rent/Studios: 0
Avg Mo Rent/1 BR: 0
Avg Mo Rent/2 BR: 0
Avg Mo Rent/3 BR: 0
# of Units/Other: 2
Avg Mo Rent/Other: 11900
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 7600
# Beds: 8
# Full Baths: 3
SqFt: 3716
Occupancy: No
Stories: Two
Floor: 2nd
Furnished: No
Parking: On Property
Income
Vacancy Loss: 0
Other Income: 3500
Adjusted Gross: 146300
Total Expenses: 47022
Gross Scheduled Rent: 142800
Net Opp Income: 99278
Gas
Natural: 1
Unit 2 Information
Monthly Rent: 4300
# Beds: 6
# Full Baths: 3
SqFt: 2079
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Gross Rent Multi: 9.23
Vacancy Rate %: 0
Exp/SqFt: 8.11
Exp % of Gross: 32.14
Cap Rate %: 7.35
Construction
Frame - Stucco: 1
Stone: 1
Expenses
Admin Expenses: 325
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 2023
Maintenance Supplies: 21561
Management: 14630
Resident Manager: 0
Taxes/Assessments: 7691
Water/Sewer: 0
Other Expenses: 792
Style
Modern: 1
Southwestern: 1
Sewer
Connected: 1
Roof
Rolled: 1
Tile: 1
Water
Public: 1
Living Areas
Family Room: 1
Great Room: 1
Living Room: 1
Dining Areas
Breakfast Bar: 1
Fence
Block: 1
Wrought Iron: 1
Dining Room
Area: 1
View
Mountain(s): 1
Breakfast
Bar: 1
Road Type
Paved: 1
Kitchen Features
Breakfast Bar: 1
Countertops: Corian
Electric Range: 1
Pantry: Walk-In
Appliance Color: Black
Microwave: Built in
Oven: Electric
Dishwasher: 1
Disposal: 1
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
Adjacent to Alley: 1
Corner Lot: 1
Subdivided: 1
Main Cooling
Zoned: 1
Laundry
Laundry Room: 1
Other: Three Washers
Dryer Included: 1
Washer Included: 1
Neighborhood Features
Sidewalks: 1
Main Heating
Electric: 1
Forced Air: 1
Natural Gas: 1
Extra Room
Storage: 1
Water Heater
Electric: 1
Natural Gas: 1
Association & Fees
HOA: No
Interior Features
Ceiling Fan(s): 1
Fire Sprinkler System: 1
Interior Steps: Yes
Bathroom Features
Shower & Tub/Primary: 1
Shower Only/Hall: 1
Terms
Cash: 1
Conventional: 1
Floor Covering
Ceramic Tile: 1
Wood: 1
Submit With Offer
Digital Signatures: Yes
Window Covering
Stay: 1
Accessibility Option
Door Levers: 1
Technology
Alarm System: 1
Cable TV: 1
High Speed Internet: 1
Security
Security Lights: 1
Window Bars: 1
Sold Info
Seller Concessions: 0
Landscape - Front
Low Care: 1
Landscape - Rear
Low Care: 1
Other: Turf
Patio/Deck
Balcony: 1
Covered: 1
Patio: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Owner
Pool/Spa Maintenance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Pool
Community: 1
Property Disclosures
Lead Based Paint: 1
Military Airport Vct: 1
Public Airport Vcty: 1
Unknown: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
Paved: Asphalt
RV Parking
Other: None
Exterior Feature
Courtyard: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: Yes
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.226166
Geo Lon: -110.954516
Property Features
Construction: Frame - Stucco; Stone
Style: Modern; Southwestern
Roof: Rolled; Tile
Living Areas: Family Room; Great Room; Living Room
Dining Areas: Breakfast Bar
Dining Room: Area
Breakfast: Bar
Kitchen Features: Breakfast Bar; Electric Range; Dishwasher; Disposal; Refrigerator
Bathroom Features: Shower & Tub/Primary; Shower Only/Hall
Laundry: Laundry Room; Dryer Included; Washer Included
Extra Room: Storage
Interior Features: Ceiling Fan(s); Fire Sprinkler System
Floor Covering: Ceramic Tile; Wood
Window Covering: Stay
Technology: Alarm System; Cable TV; High Speed Internet
Main Cooling: Zoned
Main Heating: Electric; Forced Air; Natural Gas
Water Heater: Electric; Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: Door Levers
Security: Security Lights; Window Bars
Pool: Community
Spa: None
Fence: Block; Wrought Iron
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: Mountain(s)
Road Type: Paved
Exterior Feature: Courtyard
Lot Features: Adjacent to Alley; Corner Lot; Subdivided
Neighborhood Features: Sidewalks
Terms: Cash; Conventional
Property Disclosures: Lead Based Paint; Military Airport Vct; Public Airport Vcty; Unknown
Special Conditions: None
Documents
Lead Paint Discl ›Listing Office: Tucson Integrity Realty, LLC
Last Updated: December - 11 - 2024
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