1841 S Irving Avenue, Tucson, AZ 85711 (MLS# 22108140)

1841 S Irving Avenue, Tucson, AZ 85711

$1,575,000
Property Type: Commercial Square Footage: 15,808 Lot Size (sq. ft.): 87 Status: Closed
Current Price: $1,575,000 List Date: 3/29/2021 Last Modified: 12/13/2024

Description

A must see! Twenty 2 bed/1 bath 790 square foot units fully renovated with a modern look. Renovations did not end at cosmetic. Current owner replaced roof (all new plywood and up) No more swamp coolers here. All new Trane Central HVAC. New electrical panels were also installed. Property has been completely turned around since acquisition; perfect for any investor looking for easy and steady income.

More Information MLS# 22108140

Address Information

Country: USA Street #: 1841 Direction: S Street Name: Irving Suffix: Avenue State/Province: AZ Zip Code: 85711 County: Pima

Location, Tax & Legal

Tax Year: 2020 Taxes: 7952 Assessments: 0 Legal Description: 001010010 /Alvernon Heights Resub 2 W150' Lot 22 Exc S150' Blk 3 Municipality/Zoning: Tucson - C2 Fire Protection: Included in Taxes FEMA Flood Zone: No Municipal Flood Zone: No Tax Code: 130-17-1840 Area: Central

Contract Information

Method of Title: Fee (Simple) Short Sale: No Current Price: $1,575,000 Sold Price: $1,575,000 Listing Date: 2021-03-29 Status: Closed

Status Change Info

Off Market Date: 2021-04-08 Sold Price/SqFt: 99.63 Lot Sz Sold Prc/SqFt: 82.18 Financing: Other Pending Date: 2021-04-08 Sold Date: 2021-04-30 Sold Price: $1,575,000

Showing Information

Directions: From I-10 head East on 22nd. When you reach Alvernon turn right heading south. From Alvernon you will turn left onto 29th heading East. Approximately a block down the property will be on your left the North side of the street.

General Property Information

Property Sub-Type: Apartment Construction Status: Existing # Units: 20 Lot Dimensions: 117'x112'x60'x159'x152' Lot Acres: 0.44 Lot Sqft: 19166 Multi-Tenant: Yes Lot Size Source: Assessor Source of SqFt: Assessor List Price/SqFt: 106.28 Lot Size Price/SqFt: 87.66 Year Built: 1964 Combined SqFt: 15808

Electric

Electric Company: TEP

Gas

Natural: 1

Construction

Slump Block: 1

Sewer

Connected: 1

Apartment Unit Information

# of Units/2 BR: 20

Roof

Built-Up: 1

Water

Public: 1

Property Features

Smoke Detector: 1

Fence

Wrought Iron: 1

Space Information

Ceiling Height: 8ft

Road Type

Paved: 1

Fenced Storage

No: 1

Lot Features

Adjacent to Alley: 1

Main Cooling

Central Air: 1

Main Heating

Electric: 1 Forced Air: 1

Water Heater

Natural Gas: 1

Terms

Cash: 1 Conventional: 1

Submit With Offer

Loan Pre-Qualifiaction: 1 Proof of Funds: 1

Accessibility Option

Level: 1

Security

Security Lights: 1 Other: security gates

Sold Info

Seller Concessions: 0

Landscape - Front

Decorative Gravel: 1 Low Care: 1 Trees: 1

Landscape - Rear

Low Care: 1

Parking

Free: 1 Parking Lights: 1 Private Parking: 1

Business Location

Free Standing Bldg: 1

Traffic Count

Unknown: 1

Property Disclosures

Seller Prop Disclosure: 1

Special Conditions

None: 1

Remarks Misc

Geo Lat: 32.200498 Geo Lon: -110.904668

Income

Gross Scheduled Rent: 13964 Net Opp Income: 9774.8

Analysis

Cap Rate %: 7

Property Features

Property Features: Smoke Detector Construction: Slump Block Roof: Built-Up Fenced Storage: No Main Cooling: Central Air Main Heating: Electric; Forced Air Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: Level Security: Security Lights Fence: Wrought Iron Landscape - Front: Decorative Gravel; Low Care; Trees Landscape - Rear: Low Care Road Type: Paved Parking: Free; Parking Lights; Private Parking Lot Features: Adjacent to Alley Business Location: Free Standing Bldg Traffic Count: Unknown Terms: Cash; Conventional Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: Seller Prop Disclosure Special Conditions: None
Listing Office: Realty Executives Arizona Territory
Last Updated: December - 13 - 2024
1841 S Irving Avenue, Tucson, AZ 85711- MLS# 22108140
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