2114 N Forgeus Avenue, Tucson, AZ 85716
$1,150,000
Property Type:
Multi-Family
Square Footage:
14,592
Lot Size (sq. ft.):
18
Status:
Closed
Current Price:
$1,150,000
List Date:
1/06/2005
Last Modified:
10/26/2024
Description
TERRIFIC CENTRAL LOCATION-CLOSE TO U OF A & BUS LINES-CASITA-LIKE COMPLEX-18- 2 BEDROOMS UNITS 4-1 BEDROOM UNITS, LOTS OF PARKING- NICE CURB APPEAL. INCLUDES EMPTY LOT (CAN BUILD ON IT) EXPENSES ARE ACTUAL.
More Information MLS# 2430872
Address Information
Country: USA
Street #: 2114
Direction: N
Street Name: Forgeus
Suffix: Avenue
State/Province: AZ
Zip Code: 85716
County: Pima
Location, Tax & Legal
Tax Year: 2003
Taxes: 8156
Assessments: 0
Legal Description: NEW DEAL ACRES LOT 7 & LOT 8 BLOCK 6
Township: 14
Community: None
Range: 14
Section: 5
Municipality/Zoning: Tucson - R1
Fire Protection: Included in Taxes
Tax Code: 123-02-1140
Area: Central
Subdivision: New Deal Acres
Status Change Info
Off Market Date: 2005-07-29
Sold Price/SqFt: 78.81
Lot Sz Sold Prc/SqFt: 16.7
How Sold: Conventional
Pending Date: 2005-04-14
Sold Date: 2005-07-29
Sold Price: $1,150,000
Showing Information
Directions: FROM TUCSON & GRANT, EAST TO FORGEUS, SOUTH TO ADDRESS.
General Property Information
Lot Dimensions: 230X300
Lot Acres: 1.58
Lot Sqft: 68825
Lot Size Source: Assessor
List Price/SqFt: 85.66
Lot Size Price/SqFt: 18.16
Combined SqFt: 14592
Year Built: 1948
Unit Info
# of Units/1 BR: 4
Avg Mo Rent/1 BR: 440
# of Units/2 BR: 18
Avg Mo Rent/2 BR: 525
Income
Vacancy Loss: 6650
Other Income: 6027
Adjusted Gross: 132877
Total Expenses: 37722
Gross Scheduled Rent: 133500
Net Opp Income: 95155
Analysis
Gross Rent Multi: 9.4
Vacancy Rate %: 4.98
Exp/SqFt: 2.58
Exp % of Gross: 28.38
Cap Rate %: 7.61
Construction
Brick: 1
Expenses
Admin Expenses: 248
Gas/Electric: 5980
Insurance: 6932
Maintenance Supplies: 7838
Taxes/Assessments: 8156
Water/Sewer: 3984
Other Expenses: 4584
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Main Heating
Wall Furnace: 1
Interior Features
Interior Steps: Yes
Terms
Conventional: 1
Security
None: 1
Sold Info
Financing: 1
Property Disclosures
Military Airport Vct: 1
Miscellaneous
Master Elec Meter: No
Master Gas Meter: No
Master Water Meter: Yes
Package Available: Yes
Contract Information
Current Price: $1,150,000
Sold Price: $1,150,000
Listing Date: 2004-12-12
Status: Closed
Remarks Misc
Geo Lat: 32.247424
Geo Lon: -110.932659
Property Features
Construction: Brick
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Wall Furnace
Sewer: Connected
Water: Public
Security: None
Terms: Conventional
Property Disclosures: Military Airport Vct
Sold Info: Financing
Documents
Lead Paint Discl ›Listing Office: Rich Realty, Inc.
Last Updated: October - 26 - 2024
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