928 E 6Th Street, Tucson, AZ 85719 (MLS# 21405647)

928 E 6Th Street, Tucson, AZ 85719

$1,450,000
Property Type: Multi-Family Square Footage: 5,534 Lot Size (sq. ft.): 85 Status: Closed
Current Price: $1,450,000 List Date: 2/22/2014 Last Modified: 12/08/2024

Description

Gorgeously Remodeled Student Housing Group Home located across the Street from UofA Campus! Property leased through 7/2015! 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. One of the Members of the Seller is licensed to sell real estate in Arizona.

More Information MLS# 21405647

Address Information

Country: USA Street #: 928 Direction: E Street Name: 6Th Suffix: Street State/Province: AZ Zip Code: 85719 County: Pima

Location, Tax & Legal

Tax Year: 2013 Taxes: 6702 Assessments: 0 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 Tax Code: 124-05-226B Area: Central Subdivision: Buells

Contract Information

Distressed Info: None Current Price: $1,450,000 Sold Price: $1,450,000 Listing Date: 2014-02-03 Status: Closed

Status Change Info

Off Market Date: 2014-02-21 Sold Price/SqFt: 262.02 Lot Sz Sold Prc/SqFt: 85.35 How Sold: Conventional Pending Date: 2014-03-14 Sold Date: 2014-03-27 Sold Price: $1,450,000

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 Lot Dimensions: 96 X 175 Lot Acres: 0.39 Lot Sqft: 16988 Lot Size Source: Assessor List Price/SqFt: 262.02 Lot Size Price/SqFt: 85.35 Combined SqFt: 5534 Year Built: 1938

Unit Info

Avg Mo Rent/Studios: 0 Avg Mo Rent/1 BR: 0 Avg Mo Rent/2 BR: 0 Avg Mo Rent/3 BR: 0 # of Units/Other: 2 Avg Mo Rent/Other: 14875

Income

Vacancy Loss: 0 Other Income: 0 Adjusted Gross: 178500 Total Expenses: 39080 Gross Scheduled Rent: 178500 Net Opp Income: 139420

Analysis

Gross Rent Multi: 8.12 Vacancy Rate %: 0 Exp/SqFt: 7.06 Exp % of Gross: 21.89 Cap Rate %: 9.62

Expenses

Admin Expenses: 607 Capital Expenses: 0 Contract Services: 1740 Figures Presented: Actual Gas/Electric: 0 Insurance: 3914 Maintenance Supplies: 5387 Management: 17850 Resident Manager: 0 Taxes/Assessments: 6702 Water/Sewer: 0 Other Expenses: 2880

Sewer

Connected: 1

Water

Public: 1

Main Cooling

Zoned: 1

Main Heating

Forced Air: 1 Natural Gas: 1

Interior Features

Interior Steps: Yes

Terms

Cash: 1 Conventional: 1

Security

Window Bars: 1

Property Disclosures

Unknown: 1

Miscellaneous

Package Available: Yes

Remarks Misc

Geo Lat: 32.227393 Geo Lon: -110.956965

Property Features

Main Cooling: Zoned Main Heating: Forced Air; Natural Gas Sewer: Connected Water: Public Security: Window Bars Terms: Cash; Conventional Property Disclosures: Unknown
Listing Office: Tucson Integrity Realty, LLC
Last Updated: December - 08 - 2024
928 E 6Th Street, Tucson, AZ 85719- MLS# 21405647
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