1409-1429 E Drachman Street, Tucson, AZ 85719
$1,250,000
Property Type:
Multi-Family
Square Footage:
8,629
Lot Size (sq. ft.):
55
Status:
Closed
Current Price:
$1,250,000
List Date:
1/06/2017
Last Modified:
12/09/2024
Description
2 triplexes all 2 bedroom and 1 bath. and a 5 bedroom house surrounding a pool and inside a walled area. next to the UMC and a few blocks from the University of Arizona campus
More Information MLS# 21700513
Address Information
Country: USA
Street #: 1409-1429
Direction: E
Street Name: Drachman
Suffix: Street
State/Province: AZ
Zip Code: 85719
County: Pima
Location, Tax & Legal
Tax Year: 2016
Taxes: 2784.75
Assessments: 16540
Legal Description: Plumer & Stewards NO 2 LOT 2 BLK 7; Plumer & Stewards NO 2 LOT 3 BLK 7; Plumer & Stewards NO 2 LOT 4 BLK 7
Township: 14
Community: None
Range: 14
Section: 6
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
Tax Code: 123-17-2030
Area: Central
Subdivision: Plumer & Steward Add 2
Contract Information
Distressed Info: None
Current Price: $1,250,000
Sold Price: $1,250,000
Listing Date: 2016-12-22
Status: Closed
Status Change Info
Off Market Date: 2017-01-05
Sold Price/SqFt: 144.86
Lot Sz Sold Prc/SqFt: 55.56
How Sold: Cash Owner Carryback
Pending Date: 2017-02-12
Sold Date: 2017-02-16
Sold Price: $1,250,000
Showing Information
Directions: From Speedway and Mountain. N to Drachman. E to address located on N side of road between Highland and Vine.
General Property Information
Lot Dimensions: 150x150 (3 lots of 50x150)
Lot Acres: 0.52
Lot Sqft: 22500
Lot Size Source: Assessor
List Price/SqFt: 144.86
Lot Size Price/SqFt: 55.56
Combined SqFt: 8629
Year Built: 1952
Unit Info
Avg Mo Rent/Studios: 0
Avg Mo Rent/1 BR: 0
# of Units/2 BR: 6
Avg Mo Rent/2 BR: 917
Avg Mo Rent/3 BR: 0
# of Units/Other: 1
Avg Mo Rent/Other: 2350
Income
Vacancy Loss: 0
Other Income: 8426.51
Adjusted Gross: 108432.34
Total Expenses: 41090.99
Gross Scheduled Rent: 100005.83
Net Opp Income: 67341.35
Analysis
Gross Rent Multi: 11.53
Vacancy Rate %: 0
Exp/SqFt: 4.76
Exp % of Gross: 37.9
Cap Rate %: 5.39
Expenses
Admin Expenses: 4243.65
Capital Expenses: 4413.99
Contract Services: 0
Figures Presented: Actual
Gas/Electric: 651.35
Insurance: 3960.81
Maintenance Supplies: 740.84
Management: 10105.5
Resident Manager: 0
Taxes/Assessments: 7426.06
Water/Sewer: 6240.16
Other Expenses: 3308.63
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Terms
Cash: 1
Conventional: 1
Owner Carry: 1
Security
None: 1
Sold Info
Seller Concessions: 0
Property Disclosures
Unknown: 1
Remarks Misc
Geo Lat: 32.239886
Geo Lon: -110.950898
Property Features
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional; Owner Carry
Property Disclosures: Unknown
Listing Office: Keller Williams Southern Arizona
Last Updated: December - 09 - 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo.
All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.