2559 N Tucson Boulevard, Tucson, AZ 85716 (MLS# 21507520)

2559 N Tucson Boulevard, Tucson, AZ 85716

$1,025,000
Property Type: Multi-Family Square Footage: 15,502 Lot Size (sq. ft.): 56 Status: Closed
Current Price: $1,025,000 List Date: 3/10/2015 Last Modified: 12/08/2024

Description

2 Tax Codes 11-06-4230 & 112-06-4220 each Unit with Balcony or Patio, dishwashers, pool, 10 covered parking spaces and 16 surface. Gated and fenced. Laundry facilities.

More Information MLS# 21507520

Address Information

Country: USA Street #: 2559 Direction: N Street Name: Tucson Suffix: Boulevard State/Province: AZ Zip Code: 85716 County: Pima

Location, Tax & Legal

Tax Year: 2014 Taxes: 12253 Assessments: 0 Legal Description: W140' E185' S140' N170' SE4 SW4 .45AC Township: 13 Community: None Range: 14 Section: 32 Municipality/Zoning: Tucson - R3 Fire Protection: None Tax Code: 112-06-4230 Area: Central Subdivision: Unsubdivided

Contract Information

Distressed Info: None Current Price: $1,025,000 Sold Price: $1,025,000 Listing Date: 2015-03-10 Status: Closed

Status Change Info

Off Market Date: 2015-03-26 Sold Price/SqFt: 66.12 Lot Sz Sold Prc/SqFt: 52.29 How Sold: Cash Pending Date: 2015-04-23 Sold Date: 2015-05-29 Sold Price: $1,025,000

Showing Information

Directions: North of Grant on Tucson Blvd

General Property Information

Lot Dimensions: Irregular Lot Acres: 0.45 Lot Sqft: 19602 Lot Size Source: Assessor List Price/SqFt: 70.96 Lot Size Price/SqFt: 56.12 Combined SqFt: 15502 Year Built: 1986

Unit Info

Avg Mo Rent/Studios: 0 # of Units/1 BR: 24 Avg Mo Rent/1 BR: 546 # of Units/2 BR: 2 Avg Mo Rent/2 BR: 700 Avg Mo Rent/3 BR: 0 Avg Mo Rent/Other: 0

Income

Vacancy Loss: 16986 Other Income: 6809 Adjusted Gross: 159683 Total Expenses: 70453 Gross Scheduled Rent: 169860 Net Opp Income: 89230

Analysis

Gross Rent Multi: 6.42 Vacancy Rate %: 10 Exp/SqFt: 4.54 Exp % of Gross: 44.12 Cap Rate %: 8.71

Construction

Frame - Stucco: 1

Expenses

Admin Expenses: 3025 Capital Expenses: 0 Contract Services: 2435 Figures Presented: Proforma Gas/Electric: 0 Insurance: 4800 Maintenance Supplies: 25390 Management: 0 Resident Manager: 0 Taxes/Assessments: 12539 Water/Sewer: 22264 Other Expenses: 0

Sewer

Connected: 1

Water

Public: 1

Main Cooling

Central Air: 1

Neighborhood Features

Gated Community: 1

Main Heating

Heat Pump: 1

Interior Features

Interior Steps: No

Terms

Cash: 1 Conventional: 1

Security

None: 1

Property Disclosures

Unknown: 1

Miscellaneous

Master Elec Meter: No Master Gas Meter: No Master Water Meter: Yes Package Available: Yes

Remarks Misc

Geo Lat: 32.253681 Geo Lon: -110.935729

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Heat Pump Sewer: Connected Water: Public Security: None Neighborhood Features: Gated Community Terms: Cash; Conventional Property Disclosures: Unknown

Documents

Listing Office: Long Realty Company
Last Updated: December - 08 - 2024
2559 N Tucson Boulevard, Tucson, AZ 85716- MLS# 21507520
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