557 W Thurber Road, Tucson, AZ 85705 (MLS# 21621609)

557 W Thurber Road, Tucson, AZ 85705

$965,000
Property Type: Multi-Family Square Footage: 22,916 Lot Size (sq. ft.): 26 Status: Closed
Current Price: $965,000 List Date: 2/07/2017 Last Modified: 12/09/2024

Description

Thirty Six Unit Apartment Building Mix of Twenty-Six Two Bedroom, One Bath Apartments and 10 One Bedroom, One Bath Apartments. Convenient Location Near Tucson Mall and the Oracle Commercial Corridor Built in 1984, $300,000 Renovation in 2014. Located One Block West of Oracle and One Block North of Prince Provided Amenities Including a Basketball Court and Playground

More Information MLS# 21621609

Address Information

Country: USA Street #: 557 Direction: W Street Name: Thurber Suffix: Road State/Province: AZ Zip Code: 85705 County: Pima

Location, Tax & Legal

Tax Year: 2015 Taxes: 7812.8 Assessments: 0 Legal Description: Pullman Coty Lot 24 Township: 13 Community: None Range: 13 Section: 26 Municipality/Zoning: Tucson - R3 Fire Protection: Included in Taxes Tax Code: 106-05-1080 Area: Central Subdivision: Pullman City Addition

Contract Information

Distressed Info: None Current Price: $965,000 Sold Price: $965,000 Listing Date: 2016-08-08 Status: Closed

Status Change Info

Off Market Date: 2017-02-20 Sold Price/SqFt: 42.11 Lot Sz Sold Prc/SqFt: 22.15 How Sold: Conventional Pending Date: 2017-04-11 Sold Date: 2017-04-28 Sold Price: $965,000

Showing Information

Directions: North on Oracle past Prince, West on Thurber to address.

General Property Information

Lot Dimensions: irregular Lot Acres: 1 Lot Sqft: 43560 Lot Size Source: Assessor List Price/SqFt: 50.84 Lot Size Price/SqFt: 26.74 Combined SqFt: 22916 Year Built: 1984

Unit Info

Avg Mo Rent/Studios: 0 # of Units/1 BR: 10 Avg Mo Rent/1 BR: 0 # of Units/2 BR: 26 Avg Mo Rent/2 BR: 0 Avg Mo Rent/3 BR: 0 Avg Mo Rent/Other: 0

Income

Vacancy Loss: 16.15 Other Income: 0 Adjusted Gross: 201823.85 Total Expenses: 0 Gross Scheduled Rent: 201840 Net Opp Income: 201823.85

Analysis

Gross Rent Multi: 4.78 Vacancy Rate %: 0.01 Cap Rate %: 20.91

Construction

Slump Block: 1

Expenses

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

Sewer

Connected: 1

Water

Public: 1

Terms

Cash: 1 Conventional: 1 Submit: 1

Sold Info

Seller Concessions: 0

Property Disclosures

Unknown: 1

Remarks Misc

Geo Lat: 32.273173 Geo Lon: -110.982152

Property Features

Construction: Slump Block Sewer: Connected Water: Public Terms: Cash; Conventional; Submit Property Disclosures: Unknown
Listing Office: Keller Williams Southern Arizona
Last Updated: December - 09 - 2024
557 W Thurber Road, Tucson, AZ 85705- MLS# 21621609
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