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
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