4044 E Flower Street, Tucson, AZ 85712
$1,800,000
Property Type:
Commercial
Square Footage:
18,396
Lot Size (sq. ft.):
1
Status:
Closed
Current Price:
$1,800,000
List Date:
3/24/2020
Last Modified:
12/13/2024
Description
Large property with 26 duplex units and a 3 bedroom house. All duplex units have carports, fenced yards, and storage shed with washer dryer hoookups. Units are separated by the carports and do not have adjoining walls. Many long term tenants. Room to raise rents. Tenants pay gas and electricity, owner pys water trash and sewer. Plenty of parking. All units have swamp coolers and gas wall heaters. Listing agent related to seller.
More Information MLS# 22008182
Address Information
Country: USA
Street #: 4044
Direction: E
Street Name: Flower
Suffix: Street
State/Province: AZ
Zip Code: 85712
County: Pima
Location, Tax & Legal
Tax Year: 2018
Taxes: 12332.87
Assessments: 0
Taxes For: Building & Land
Legal Description: CATALINA FARMS W2 LOT 21 EXC N10' THEREOF
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 110-07-1830
Area: Central
Contract Information
Method of Title: Fee (Simple)
Short Sale: No
Current Price: $1,800,000
Sold Price: $1,800,000
Listing Date: 2020-03-20
Status: Closed
Status Change Info
Off Market Date: 2020-03-24
Sold Price/SqFt: 97.85
Lot Sz Sold Prc/SqFt: 1.76
Financing: Exchange
Pending Date: 2020-03-20
Sold Date: 2020-03-20
Sold Price: $1,800,000
Showing Information
Directions: Grant To Columbus,Then N To Flower Then W To Property
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 27
Lot Dimensions: 162.525X627.50
Lot Acres: 2.34
Lot Sqft: 1019930
Multi-Tenant: Yes
Lot Size Source: Assessor
Source of SqFt: Assessor
List Price/SqFt: 97.85
Lot Size Price/SqFt: 1.76
Year Built: 1959
Combined SqFt: 18396
Electric
Electric Company: tep
Income
Vacancy Loss: 0
Other Income: 0
Adjusted Gross: 213069
Gross Scheduled Rent: 213069
Gas
Natural: 1
Analysis
Gross Rent Multi: 8.45
Vacancy Rate %: 0
Construction
Slump Block: 1
Expenses
Contract Services: 3394
Figures Presented: Actual
Insurance: 5000
Maintenance Supplies: 11111
Taxes/Assessments: 13245
Water/Sewer: 18882
Other Expenses: 2911
Sewer
Connected: 1
Unit Information
Apartment: Low Rise
Apartment Unit Information
# of Units/1 BR: 18
Avg Mo Rent/1 BR: 550
# of Units/2 BR: 8
Avg Mo Rent/2 BR: 695
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 895
Roof
Built-Up - Reflect: 1
Water
Public: 1
Fence
Chain Link: 1
Space Information
Ceiling Height: 8ft
Road Type
Paved: 1
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Main Heating
Wall Furnace: 1
Water Heater
Electric: 1
Natural Gas: 1
Terms
Cash: 1
Conventional: 1
Submit: 1
Submit With Offer
Income Property Addendum: 1
Lender Pre-Approval: 1
Loan Pre-Qualifiaction: 1
Sold Info
Est. Closing Date: 2020-03-20
Seller Concessions: 0
Landscape - Front
Decorative Gravel: 1
Landscape - Rear
Low Care: 1
Parking
# Covered Parking: 27
Freeway/Highway
2.1 - 5 Mile: 1
Property Disclosures
Lead Based Paint: 1
Remarks Misc
Geo Lat: 32.253293
Geo Lon: -110.906336
Property Features
Construction: Slump Block
Roof: Built-Up - Reflect
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Wall Furnace
Water Heater: Electric; Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Fence: Chain Link
Landscape - Front: Decorative Gravel
Landscape - Rear: Low Care
Road Type: Paved
Terms: Cash; Conventional; Submit
Submit With Offer: Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction
Property Disclosures: Lead Based Paint
Listing Office: 520 Realty LLC
Last Updated: December - 13 - 2024
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