222-236 W Roger Road, Tucson, AZ 85705 (MLS# 22309317)

222-236 W Roger Road, Tucson, AZ 85705

$1,900,000
Property Type: Multi-Family Square Footage: 3,638 Lot Size (sq. ft.): 45 Status: Closed
Current Price: $1,900,000 List Date: 8/25/2023 Last Modified: 12/22/2024

Description

FULLY OCCUPIED!! NO HOA!! Four parcels, each with a 4-plex (16 units). 236 is zoned O-3, 222, 228, and 230 are R-2. Great Rental Units only 1/2 Block from Oracle. Bus Lines, Shopping, Employment. Tucson Mall Easy Walking Distance. 8 Units have new A/C!! Tenants Pay: Electric, Water, Sewer Value add opportunity! See attachments;

Supplements: 05.22.23 update: Owner is receiving bids for replacing the roof on one of the building's.

More Information MLS# 22309317

Address Information

Country: USA Street #: 222-236 Direction: W Street Name: Roger Suffix: Road State/Province: AZ Zip Code: 85705 County: Pima

Location, Tax & Legal

Comparable Only Listing: No Tax Year: 2022 Taxes: 12000 Assessments: 0 Taxes For: Dwelling & Land Legal Description: 10512036J,10512035G.10512035H,10512034H Township: 13 Community: None Range: 13 Section: 24 Municipality/Zoning: Tucson - R2 Fire Protection: Included in Taxes FEMA Flood Zone: No Municipal Flood Zone: No Tax Code: 105-12-036J Area: Central Subdivision: Unsubdivided

Contract Information

Method of Title: Fee (Simple) Distressed Info: None Current Price: $1,900,000 Sold Price: $1,900,000 Listing Date: 2023-04-28 Status: Closed

Status Change Info

Off Market Date: 2023-08-25 Sold Price/SqFt: 522.26 Lot Sz Sold Prc/SqFt: 43.29 How Sold: Exchange Pending Date: 2023-08-24 Sold Date: 2023-09-01 Sold Price: $1,900,000

Showing Information

Directions: From Oracle, East on Roger to units on north.

General Property Information

Dwelling Type: Quadruplex Attached/Detached: Attached Construction Status: Existing Lot Dimensions: Irreg long legal Lot Acres: 1.01 Total Parking: 16 Lot Sqft: 43895 Lot Size Source: Assessor Horse Property: No School District: Pima Unified Elementary School: Pima Middle School: Pima Junior High High School: Pima High School Horse Facilities: No List Price/SqFt: 548.38 Lot Size Price/SqFt: 45.45 Combined SqFt: 3638 Year Built: 2000

Unit Info

# of Units/2 BR: 4 Avg Mo Rent/2 BR: 749 # of Units/3 BR: 4 Avg Mo Rent/3 BR: 875

Electric

Electric Company: Tucson Electric Powe

Unit 1 Information

Monthly Rent: 3169 # Beds: 10 # Full Baths: 8 SqFt: 3800 Occupancy: Yes Stories: Single Floor: 1st Furnished: No Parking: On Property

Income

Vacancy Loss: 0 Other Income: 0 Adjusted Gross: 155748 Total Expenses: 55434 Gross Scheduled Rent: 155748 Net Opp Income: 100314

Gas

None: 1

Unit 2 Information

Monthly Rent: 3610 # Beds: 10 # Full Baths: 8 SqFt: 3300 Occupancy: Yes Stories: Single Floor: 1st Furnished: No Parking: On Property

Analysis

Gross Rent Multi: 12.2 Vacancy Rate %: 0 Exp/SqFt: 15.24 Exp % of Gross: 35.59 Cap Rate %: 5.28

Construction

Frame - Stucco: 1

Unit 3 Information

Monthly Rent: 3200 # Beds: 10 # Full Baths: 8 Occupancy: Yes Stories: Single Furnished: No Parking: On Property

Expenses

Admin Expenses: 0 Capital Expenses: 35095 Contract Services: 420 Figures Presented: Actual Gas/Electric: 527 Insurance: 2210 Maintenance Supplies: 4490 Management: 11236 Resident Manager: 0 Taxes/Assessments: 1132 Water/Sewer: 324 Other Expenses: 0

Style

Ranch: 1

Sewer

Connected: 1

Unit 4 Information

Monthly Rent: 3000 # Beds: 10 # Full Baths: 8 Occupancy: Yes Stories: Single Floor: 1st Furnished: No Parking: On Property

Roof

Shingle: 1

Water

Public: 1

Living Areas

Living Room: 1 Off Kitchen: 1

Dining Areas

Dining in LR/GR: 1

Fence

None: 1

Dining Room

Area: 1

View

None: 1

Breakfast

None: 1

Road Type

Paved: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Refrigerator: 1

Road Maintenance

None: 1

Lot Features

East/West Exposure: 1

Main Cooling

Heat Pump: 1

Laundry

Other: Hook-ups

Neighborhood Features

None: 1

Main Heating

Electric: 1

Extra Room

None: 1

Water Heater

Electric: 1

Association & Fees

HOA: No

Interior Features

Ceiling Fan(s): 1 Smoke Detector: 1

Bathroom Features

Shower & Tub/Primary: 1 Shower & Tub/Hall: 1

Terms

Cash: 1 Conventional: 1 Exchange: 1

Floor Covering

Ceramic Tile: 1

Submit With Offer

Lender Pre-Approval: 1 Proof of Funds: 1

Window Covering

Some: 1

Accessibility Option

None: 1

Technology

Cable TV: 1

Security

None: 1

Sold Info

Down Payment: 30000 Seller Concessions: 30000

Landscape - Front

Low Care: 1

Landscape - Rear

None: 1

Patio/Deck

None: 1

Utilities Paid

Cable TV: Tenant Electric: Tenant Gas: Tenant Insurance: Owner Sewer: Tenant Taxes: Owner Trash: Tenant Water: Tenant

Pool

None: 1

Property Disclosures

Seller Prop Disclosure: 1

Spa

None: 1

Special Conditions

None: 1

Driveway

None: 1

RV Parking

Other: none

Exterior Feature

None: 1

Subdivision Restrict

Age Restrictions: No CC&Rs: No Deed Restrictions: No

Home Protection

Offered: No

Remarks Misc

Geo Lat: 32.280223 Geo Lon: -110.974478

Property Features

Construction: Frame - Stucco Style: Ranch Roof: Shingle Living Areas: Living Room; Off Kitchen Dining Areas: Dining in LR/GR Dining Room: Area Breakfast: None Kitchen Features: Dishwasher; Disposal; Refrigerator Bathroom Features: Shower & Tub/Primary; Shower & Tub/Hall Extra Room: None Interior Features: Ceiling Fan(s); Smoke Detector Floor Covering: Ceramic Tile Window Covering: Some Technology: Cable TV Main Cooling: Heat Pump Main Heating: Electric Water Heater: Electric Gas: None Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: None Landscape - Front: Low Care Landscape - Rear: None View: None Road Type: Paved Road Maintenance: None Driveway: None Exterior Feature: None Lot Features: East/West Exposure Neighborhood Features: None Terms: Cash; Conventional; Exchange Submit With Offer: Lender Pre-Approval; Proof of Funds Property Disclosures: Seller Prop Disclosure Special Conditions: None
Listing Office: Fort Lowell Realty & Property Management, Inc
Last Updated: December - 22 - 2024
222-236 W Roger Road, Tucson, AZ 85705- MLS# 22309317
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