924 E 6th Street, Tucson, AZ 85719
$1,050,000
Property Type:
Multi-Family
Square Footage:
5,534
Lot Size (sq. ft.):
77
Status:
Closed
Current Price:
$1,050,000
List Date:
11/28/2018
Last Modified:
12/10/2024
Description
Price Reduced 4/29/2019! Listed at 10.25% Cap Rate. Gorgeously Remodeled Student Housing Group Home located across the Street from UofA Campus! Property leased through 7/2019! Property completely remodeled in Spring of 2011 with two new kitchens, 10 new bathrooms, all new hardwood and tile floors! Please view pictures and virtual tour. Serious investors only please. Amazing cashflow! Please do not disturb tenants or trespass onto property. Management company that has kept the property 100% leased from 7/2011 through current date is willing to stay on and manage the property.
More Information MLS# 21831374
Address Information
Country: USA
Street #: 924
Direction: E
Street Name: 6th
Suffix: Street
State/Province: AZ
Zip Code: 85719
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2018
Taxes: 8165
Assessments: 0
Taxes For: Dwelling & Land
Legal Description: BUELLS LOT 11 & 12 BLK 19 EXC N5.4'
Township: 14
Community: None
Range: 14
Section: 7
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 124-05-226B
Area: Central
Subdivision: Buells
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $1,050,000
Sold Price: $1,050,000
Listing Date: 2018-11-28
Status: Closed
Status Change Info
Off Market Date: 2019-05-16
Sold Price/SqFt: 189.74
Lot Sz Sold Prc/SqFt: 62.2
How Sold: Conventional
Pending Date: 2019-07-26
Sold Date: 2019-08-06
Sold Price: $1,050,000
Showing Information
Directions: From Speedway and Euclid. South to 6th Street. East to address. Access to Parking lot off of back alley.
General Property Information
Dwelling Type: Duplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 96 X 175
Lot Acres: 0.39
Total Parking: 14
Lot Sqft: 16881
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Davidson
Middle School: Mansfeld
High School: Tucson
Horse Facilities: No
List Price/SqFt: 234.91
Lot Size Price/SqFt: 77.01
Combined SqFt: 5534
Year Built: 1938
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 3600
# Beds: 4
# Full Baths: 2
SqFt: 1360
Occupancy: Yes
Stories: Multi
Floor: 1st
Furnished: No
Parking: On Property
Income
Vacancy Loss: 0
Other Income: 4250
Adjusted Gross: 187850
Total Expenses: 53436
Gross Scheduled Rent: 183600
Net Opp Income: 134414
Gas
Natural: 1
Unit 2 Information
Monthly Rent: 11700
# Beds: 13
# Full Baths: 8
SqFt: 4100
Occupancy: Yes
Stories: Two
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Gross Rent Multi: 5.59
Vacancy Rate %: 0
Exp/SqFt: 9.66
Exp % of Gross: 28.45
Cap Rate %: 12.8
Construction
Frame - Stucco: 1
Masonry Stucco: 1
Expenses
Admin Expenses: 728
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 7564
Maintenance Supplies: 18619
Management: 18360
Resident Manager: 0
Taxes/Assessments: 8165
Water/Sewer: 0
Other Expenses: 0
Style
Southwestern: 1
Sewer
Connected: 1
Roof
Built-Up - Reflect: 1
Shingle: 1
Water
Public: 1
Living Areas
Living Room: 1
Other: Study Hall
Dining Areas
Dining in LR/GR: 1
Fence
Block: 1
Wrought Iron: 1
Dining Room
Area: 1
View
Mountain(s): 1
Breakfast
Area: 1
Road Type
Paved: 1
Kitchen Features
Countertops: Corian
Electric Range: 1
Microwave: Built In
Oven: Electric
Dishwasher: 1
Disposal: 1
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
Adjacent to Alley: 1
North/South Exposure: 1
Subdivided: 1
Main Cooling
Zoned: 1
Laundry
Laundry Room: 1
Neighborhood Features
Pool: 1
Sidewalks: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Extra Room
None: 1
Water Heater
Natural Gas: 1
Association & Fees
HOA: No
Interior Features
Ceiling Fan(s): 1
Fire Sprinkler System: 1
Interior Steps: Yes
Smoke Detector: 1
Bathroom Features
Shower Only/Hall: 1
Pedestal Sink(s): 1
Countertops/Hall: Some
Terms
Cash: 1
Conventional: 1
Exchange: 1
Floor Covering
Carpet: 1
Ceramic Tile: 1
Submit With Offer
Digital Signatures: Yes
Income Property Addendum: 1
Proof of Funds: 1
Window Covering
Stay: 1
Accessibility Option
Door Levers: 1
Entry: 1
Other Bath Modification: 1
Ramped Main Level: 1
Roll-In Shower: 1
Wide Doorways: 1
Wide Hallways: 1
Window Features
Double Pane Windows: 1
Technology
Cable TV: 1
High Speed Internet: 1
Telephone: 1
Security
Security Lights: 1
Window Bars: 1
Sold Info
Seller Concessions: 0
Landscape - Front
Decorative Gravel: 1
Graded: 1
Low Care: 1
Landscape - Rear
Decorative Gravel: 1
Low Care: 1
Trees: 1
Patio/Deck
Covered: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Owner
Pool/Spa Maintenance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Pool
Community: 1
Property Disclosures
Floor Plan: 1
Lead Based Paint: 1
Unknown: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
Paved: Asphalt
RV Parking
Other: NA
Exterior Feature
Courtyard: 1
Kennel/Dog Run: 1
Shed(s): 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: Yes
Deed Restrictions: Yes
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.22741
Geo Lon: -110.956976
Property Features
Construction: Frame - Stucco; Masonry Stucco
Style: Southwestern
Roof: Built-Up - Reflect; Shingle
Living Areas: Living Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: Area
Kitchen Features: Electric Range; Dishwasher; Disposal; Refrigerator
Bathroom Features: Shower Only/Hall; Pedestal Sink(s)
Laundry: Laundry Room
Extra Room: None
Interior Features: Ceiling Fan(s); Fire Sprinkler System; Smoke Detector
Floor Covering: Carpet; Ceramic Tile
Window Covering: Stay
Window Features: Double Pane Windows
Technology: Cable TV; High Speed Internet; Telephone
Main Cooling: Zoned
Main Heating: Forced Air; Natural Gas
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: Door Levers; Entry; Other Bath Modification; Ramped Main Level; Roll-In Shower; Wide Doorways; Wide Hallways
Security: Security Lights; Window Bars
Pool: Community
Spa: None
Fence: Block; Wrought Iron
Landscape - Front: Decorative Gravel; Graded; Low Care
Landscape - Rear: Decorative Gravel; Low Care; Trees
View: Mountain(s)
Road Type: Paved
Exterior Feature: Courtyard; Kennel/Dog Run; Shed(s)
Lot Features: Adjacent to Alley; North/South Exposure; Subdivided
Neighborhood Features: Pool; Sidewalks
Terms: Cash; Conventional; Exchange
Submit With Offer: Income Property Addendum; Proof of Funds
Property Disclosures: Floor Plan; Lead Based Paint; Unknown
Special Conditions: None
Listing Office: Tucson Integrity Realty, LLC
Last Updated: December - 10 - 2024
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