4046 E Fairmount, Tucson, AZ 85712
$1,500,000
Property Type:
Multi-Family
Square Footage:
13,440
Lot Size (sq. ft.):
47
Status:
Closed
Current Price:
$1,500,000
List Date:
3/21/2005
Last Modified:
10/26/2024
Description
Beautiful 3-yr old units + individual metering for water, gas + elec. = low expenses. All 3BR, 2BA w/ceramic tile floors in all areas except bedrooms, washer + dryer hookups, balconies or covered porches, ceiling fans in all BRs, gas furnace + AC units + covered parking. Gross scheduled rents based on Rent Roll. Do Not Talk to or disturb tenants. 3 separate parcels for better financing includes 4038 + 4042 E Fairmount.
More Information MLS# 2507397
Address Information
Country: USA
Street #: 4046
Direction: E
Street Name: Fairmount
State/Province: AZ
Zip Code: 85712
County: Pima
Location, Tax & Legal
Tax Year: 2004
Taxes: 10158
Assessments: 0
Legal Description: Speedway No 1 (Long legal - multiple parcels)
Township: 14
Community: None
Range: 14
Section: 3
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
Tax Code: 122-13-100A
Area: Central
Subdivision: Speedway Addition NO. 1
Status Change Info
Off Market Date: 2005-05-12
Sold Price/SqFt: 111.6
Lot Sz Sold Prc/SqFt: 42.73
How Sold: Conventional
Pending Date: 2005-05-04
Sold Date: 2005-05-12
Sold Price: $1,500,000
Showing Information
Directions: N- on Alvernon from Speedway E- Fairmount
General Property Information
Dwelling Type: Quadruplex
Lot Dimensions: 120 x 293
Lot Acres: 0.81
Lot Sqft: 35100
Lot Size Source: Assessor
List Price/SqFt: 122.77
Lot Size Price/SqFt: 47
Combined SqFt: 13440
Year Built: 2002
Unit Info
# of Units/3 BR: 12
Avg Mo Rent/3 BR: 869
Income
Adjusted Gross: 120900
Total Expenses: 28559
Gross Scheduled Rent: 120900
Net Opp Income: 92341
Analysis
Gross Rent Multi: 13.64
Exp/SqFt: 2.12
Exp % of Gross: 23.62
Cap Rate %: 5.59
Construction
Frame - Stucco: 1
Expenses
Contract Services: 1119
Gas/Electric: 1212
Insurance: 3942
Maintenance Supplies: 7001
Taxes/Assessments: 10113
Water/Sewer: 621
Other Expenses: 4551
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Interior Features
Interior Steps: No
Terms
Conventional: 1
Security
None: 1
Sold Info
Financing: 1
Seller Paid Repairs: 1650
Property Disclosures
Military Airport Vct: 1
Miscellaneous
Master Elec Meter: No
Master Gas Meter: No
Master Water Meter: No
Package Available: Yes
Contract Information
Current Price: $1,500,000
Sold Price: $1,500,000
Listing Date: 2005-03-21
Status: Closed
Remarks Misc
Geo Lat: 32.239044
Geo Lon: -110.906127
Property Features
Construction: Frame - Stucco
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Security: None
Terms: Conventional
Property Disclosures: Military Airport Vct
Sold Info: Financing
Listing Office: Schulte Company
Last Updated: October - 26 - 2024
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