1518 E Hedrick Drive, Tucson, AZ 85719
$1,036,250
Property Type:
Multi-Family
Square Footage:
19,250
Status:
Closed
Current Price:
$1,036,250
List Date:
4/19/2004
Last Modified:
10/26/2024
Description
Rare find. 25 single story units. Most units updated with ceramic tile in kitchen and new appliances. Do not disturb tenants!!
More Information MLS# 2409147
Address Information
Country: USA
Street #: 1518
Direction: E
Street Name: Hedrick
Suffix: Drive
State/Province: AZ
Zip Code: 85719
County: Pima
Location, Tax & Legal
Tax Year: 2003
Taxes: 9877
Assessments: 0
Legal Description: Hedrick Acreage Tract No 3/Lot 8 & 9 Blk F
Township: 13
Community: None
Range: 14
Section: 31
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
Tax Code: 113-07-190A
Area: Central
Subdivision: Hedrick Acreage Tract NO 3
Status Change Info
Off Market Date: 2004-08-17
Sold Price/SqFt: 53.83
How Sold: Conventional
Pending Date: 2004-06-11
Sold Date: 2004-08-17
Sold Price: $1,036,250
Showing Information
Directions: Ft Lowell/Campbell S to Hedrick W to address.
General Property Information
Lot Dimensions: 254.52x290.15
Lot Size Source: Assessor
List Price/SqFt: 60
Combined SqFt: 19250
Year Built: 1975
Unit Info
# of Units/1 BR: 1
Avg Mo Rent/1 BR: 400
# of Units/2 BR: 24
Avg Mo Rent/2 BR: 500
Income
Vacancy Loss: 10416
Other Income: 2000
Adjusted Gross: 140384
Total Expenses: 53790
Gross Scheduled Rent: 148800
Net Opp Income: 86594
Analysis
Gross Rent Multi: 8.22
Vacancy Rate %: 7
Exp/SqFt: 2.79
Exp % of Gross: 38.31
Cap Rate %: 7.49
Construction
Masonry Stucco: 1
Expenses
Gas/Electric: 10108
Insurance: 6177
Maintenance Supplies: 15976
Resident Manager: 7019
Taxes/Assessments: 9877
Water/Sewer: 4633
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Interior Features
Interior Steps: No
Terms
Cash: 1
Conventional: 1
Security
None: 1
Sold Info
Financing: 1
Property Disclosures
Lead Based Paint: 1
Miscellaneous
Master Elec Meter: No
Master Gas Meter: Yes
Master Water Meter: Yes
Package Available: Yes
Contract Information
Current Price: $1,036,250
Sold Price: $1,036,250
Listing Date: 2004-04-07
Status: Closed
Remarks Misc
Geo Lat: 32.262497
Geo Lon: -110.949043
Property Features
Construction: Masonry Stucco
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional
Property Disclosures: Lead Based Paint
Sold Info: Financing
Documents
Lead Paint Discl ›Listing Office: Long Realty Company
Last Updated: October - 26 - 2024
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