3130 E 4th Street, Tucson, AZ 85716 (MLS# 21721340)

3130 E 4th Street, Tucson, AZ 85716

$1,155,000
Property Type: Multi-Family Square Footage: 9,312 Lot Size (sq. ft.): 69 Status: Closed
Current Price: $1,155,000 List Date: 8/13/2017 Last Modified: 12/09/2024

Description

Excellent, unique, opportunity to own a gated, renovated, 12 plex, on a quiet cul-de-sac, sandwiched between two of the most coveted neighborhoods, Sam Hughes and Miramonte. Complex is within a mile from the UofA. Fully rehabbed 1/2016. Great CAP rate! New gravel landscaping, new asphalt front and back driveways, new exterior paint, roof recoat/maintained 1/2016, new heat pumps all units, new energy efficient windows, new balcony wood, all units tiled throughout, new counter tops, new appliances, new sinks, new shower tile surround, new vanities, new lighting, new fencing. Laundry room with 3 commercial washers and 3 commercial dryers and storage room. Automated, remote access, sliding front gate. ALL UNITS SEPARATELY METERED. ALL NUMBERS ARE ACTUAL. 100% OCCUPIED.

More Information MLS# 21721340

Address Information

Country: USA Street #: 3130 Direction: E Street Name: 4th Suffix: Street State/Province: AZ Zip Code: 85716 County: Pima

Location, Tax & Legal

Comparable Only Listing: No Tax Year: 2016 Taxes: 5659.46 Assessments: 0 Taxes For: Dwelling & Land Legal Description: Virginia Heights Amended Lots 11 & 12 Blk 1 Township: 14 Community: None Range: 14 Section: 9 Municipality/Zoning: Tucson - R3 Fire Protection: Included in Taxes FEMA Flood Zone: No Municipal Flood Zone: No Tax Code: 125-14-010A Area: Central Subdivision: Virginia Heights

Contract Information

Method of Title: Fee (Simple) Distressed Info: None Current Price: $1,155,000 Sold Price: $1,155,000 Listing Date: 2017-08-12 Status: Closed

Status Change Info

Off Market Date: 2017-08-14 Sold Price/SqFt: 124.03 Lot Sz Sold Prc/SqFt: 64.67 How Sold: Cash Pending Date: 2017-10-05 Sold Date: 2017-10-09 Sold Price: $1,155,000

Showing Information

Directions: Country Club/4th, E on 4th to address.

General Property Information

Attached/Detached: Attached Construction Status: Existing Lot Dimensions: Unknown Lot Acres: 0.41 Total Parking: 0 Lot Sqft: 17860 Lot Size Source: Assessor Horse Property: No School District: TUSD Elementary School: Acacia Middle School: Ajo High School: Ajo Horse Facilities: No List Price/SqFt: 134.24 Lot Size Price/SqFt: 69.99 Combined SqFt: 9312 Year Built: 1978

Electric

Electric Company: TEP

Unit 1 Information

Monthly Rent: 800 # Beds: 2 # Full Baths: 1 SqFt: 752 Occupancy: Yes Stories: Two Floor: 1st Furnished: No Parking: On Property

Income

Vacancy Loss: 2384 Other Income: 7920 Adjusted Gross: 120736 Total Expenses: 25516 Gross Scheduled Rent: 115200 Net Opp Income: 95220

Gas

None: 1

Unit 2 Information

# Beds: 2 # Full Baths: 1 Occupancy: Yes Floor: 2nd Parking: On Property

Analysis

Gross Rent Multi: 9.57 Vacancy Rate %: 2.07 Exp/SqFt: 2.74 Exp % of Gross: 21.13 Cap Rate %: 8.24

Construction

Frame - Stucco: 1

Unit 3 Information

# Beds: 2 # Full Baths: 1 Occupancy: Yes Parking: On Property

Expenses

Admin Expenses: 640 Capital Expenses: 0 Contract Services: 1020 Figures Presented: Actual Gas/Electric: 1200 Insurance: 3732 Maintenance Supplies: 3025 Management: 7200 Resident Manager: 0 Taxes/Assessments: 5659 Water/Sewer: 0 Other Expenses: 3040

Style

Other: Apartments

Sewer

Connected: 1

Unit 4 Information

# Beds: 2 # Full Baths: 1 Occupancy: Yes Floor: 2nd Parking: On Property

Roof

Tile: 1

Water

Public: 1

Living Areas

Off Kitchen: 1

Dining Areas

Breakfast Nook: 1

Fence

Electric: 1 Wrought Iron: 1

Dining Room

Area: 1

View

None: 1

Breakfast

None: 1

Road Type

Paved: 1

Kitchen Features

Electric Range: 1 Refrigerator: 1

Road Maintenance

City: 1

Lot Features

East/West Exposure: 1

Main Cooling

Central Air: 1

Laundry

Facility: 1

Neighborhood Features

None: 1

Main Heating

Electric: 1 Forced Air: 1

Extra Room

Other: storage room

Water Heater

Electric: 1

Association & Fees

HOA: No

Interior Features

Interior Steps: No

Bathroom Features

Shower & Tub/Hall: 1

Terms

Cash: 1 Conventional: 1

Floor Covering

Ceramic Tile: 1

Submit With Offer

Digital Signatures: Yes

Window Covering

Some: 1

Accessibility Option

None: 1

Technology

Cable TV: 1

Security

Security Lights: 1

Sold Info

Seller Concessions: 0

Landscape - Front

Low Care: 1

Landscape - Rear

Low Care: 1

Patio/Deck

Balcony: 1 Covered: 1

Utilities Paid

Cable TV: Tenant Electric: Tenant Gas: Tenant Insurance: Owner Landscaping: Owner Pool/Spa Maintenance: Owner Sewer: Owner Taxes: Owner Trash: Owner Water: Owner

Pool

None: 1

Property Disclosures

Deed Restrictions: 1 Public Airport Vcty: 1

Spa

None: 1

Special Conditions

None: 1

Driveway

Paved: Asphalt

RV Parking

Other: None

Exterior Feature

Workshop: 1

Subdivision Restrict

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

Home Protection

Offered: No

Remarks Misc

Geo Lat: 32.230899 Geo Lon: -110.925592

Property Features

Construction: Frame - Stucco Roof: Tile Living Areas: Off Kitchen Dining Areas: Breakfast Nook Dining Room: Area Breakfast: None Kitchen Features: Electric Range; Refrigerator Bathroom Features: Shower & Tub/Hall Laundry: Facility Floor Covering: Ceramic Tile Window Covering: Some Technology: Cable TV Main Cooling: Central Air Main Heating: Electric; Forced Air Water Heater: Electric Gas: None Sewer: Connected Water: Public Accessibility Option: None Security: Security Lights Pool: None Spa: None Fence: Electric; Wrought Iron Landscape - Front: Low Care Landscape - Rear: Low Care View: None Road Type: Paved Exterior Feature: Workshop Lot Features: East/West Exposure Neighborhood Features: None Terms: Cash; Conventional Property Disclosures: Deed Restrictions; Public Airport Vcty Special Conditions: None
Listing Office: Cobb Realty, LLC
Last Updated: December - 09 - 2024
3130 E 4th Street, Tucson, AZ 85716- MLS# 21721340
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