3438 E Monte Vista Street , A-J

    Tucson, AZ 85716
    • $675,000
    • STATUS: Active
    • ID#: 21824952
    Price Reduced
    UPDATED: 46 min ago
    $675,000
    • 0
      BEDS
    • 0.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,616
      SQFT
    • $89
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1980
    County:
    Area:

    School Ratings & Info

    Courtesy of Long Realty Company.

    Description

    Great midtown single story apartment property. 9 well maintained 2BR/1BA units with fireplaces, fenced yards, scored concrete floors, W&D hookups, storage rooms and carports. Majority of the units have scored colored concrete overlay flooring. Units have approx 840 sq/ft each per assessor. The 9 units consist of a duplex, triplex and a fourplex that are on 3 separate lots and 3 separate tax codes for more desirable financing. Additional tax codes are 111-06-272B and 111-06-272D. Seller is process of raising rents to $620 average. Seller pays COT for water but gets reimbursed by tenants. Units have private water meters. Roofs are approx 10+/- years old and have been re-coated. Exterior was freshly painted. The duplex consists of an older 2BR home with newer 1980 unit. See MLS 21822648.

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    © 2018 MLS of Southern Arizona. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tierra Antigua Realty - RJ Homes Team. Data last updated: 2018-11-14T23:06:50.603.
    www.rjhomes.com/homes/87515815

    3438 E Monte Vista Street , A-J Tucson, AZ 85716

    • Price: $675,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: 21824952
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.62
    Acres
    7,616
    SQFT
    $89
    $/SQFT
    1980
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    Great midtown single story apartment property. 9 well maintained 2BR/1BA units with fireplaces, fenced yards, scored concrete floors, W&D hookups, storage rooms and carports. Majority of the units have scored colored concrete overlay flooring. Units have approx 840 sq/ft each per assessor. The 9 units consist of a duplex, triplex and a fourplex that are on 3 separate lots and 3 separate tax codes for more desirable financing. Additional tax codes are 111-06-272B and 111-06-272D. Seller is process of raising rents to $620 average. Seller pays COT for water but gets reimbursed by tenants. Units have private water meters. Roofs are approx 10+/- years old and have been re-coated. Exterior was freshly painted. The duplex consists of an older 2BR home with newer 1980 unit. See MLS 21822648.
    Exterior Features

    Construction Frame - Stucco Fence BlockChain Link Landscape Front Low Care Landscape Rear Low Care Parking Number Covered Parking 9 Road Type Paved Roof Built-Up - Reflect

    Interior Features

    Main Cooling Evap Central Main Heating Forced Air - Gas Water Heater Natural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 7.20 Analysis Exp Percent Of Gross 29.51 Analysis Exp Sqft 2.77 Analysis Gross Rent Multi 9.79 Analysis Vacancy Rate Percent 2.26 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Admin Expenses 100.00 Expenses Captial Expenses 2500.00 Expenses Contract Services 1200.00 Expenses Figures Presented Proforma Expenses Gas Electric 1100.00 Expenses Insurance 1400.00 Expenses Maintenance Supplies 3500.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 4800.00 Expenses Water Sewer 6500.00 Fema Flood Zone No Fenced Storage Yes Fire Protection Included in Taxes Gas Natural Income Adjusted Gross 71500.00 Income Gross Scheduled Rent 66500.00 Income Net Opp Income 50400.00 Income Other Income 6500.00 Income Total Expenses 21100.00 Income Vacancy Loss 1500.00 Lot Dimensions Irreg Shape Lot Features East/West Exposure Lot Sqft 27003.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Tucson - R2 Property Disclosures Military Airport VctSeller Prop DisclosureLeases Property Features Smoke DetectorStorage Property Sub Type Apartment Restrictions Cc&RDeed Security None Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2017 Taxes 4800.00 Terms CashOwner CarryConventional Total Parking 14 Traffic Count Not Available Water City

    Listing provided courtesy of Long Realty Company. Listing information © 2018 MLS of Southern Arizona.




    © 2018 MLS of Southern Arizona. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tierra Antigua Realty - RJ Homes Team. Data last updated: 2018-11-14T23:06:50.603.
     
    Tierra Antigua Realty - RJ Homes Team
    7423 E Tanque Verde Rd
    Tucson AZ, 85715
    Courtesy of Long Realty Company.