NOT LISTED FOR SALE

117 E 33rd St Tucson, AZ 85713

Studio
-- Bath
-- Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: May 18, 2023

Last sale price $675,000

48 Days on Market

About This Home

As of May 2023

Seller financing available for this high rent/low expense property! Annual NOI is $67,272 when fully rented. 4 x 2bdrm/1bath renting for $1100/mo. 2 x 1bdrm/1bath renting for $825-850/mo. 1 x studio renting for $761/mo. Currently have 1 vacancy that are in the process of being rented out. (2b/1 & 1b/1b). All utilities are in tenants names except water and trash. Landlord bills tenants $50/mo for water and trash. Other expenses include: taxes and insurance (727.23/mo). Property management (10%/mo). Pest control $105/mo.

Fully remodeled 7-unit apartment building. Units have been renovated with new cabinets, countertops, appliances, paint light fixtures, ceiling fans, and more!

Range price of $700,000-$775,000. Low end of range for cash offers and high end for financed.

Last Agent to Sell the Property

Tiffany Tolley

Realty Executives Arizona Territory License #SA646114000 Listed on: 03/15/2023

Realty Executives Arizona Territory

Co-Listed By

Rick Taylor

Realty Executives Arizona Territory License #SA628834000

Last Buyer's Agent

Colton Kusilek

Triple Seas Realty License #BR694960000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,751

Year Built

  • Built in 1963

Lot Details

  • 0.32

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Stucco

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Free Parking

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 118-25-177

Community Details

Overview

  • 3 Buildings
  • 7 Units
  • Building Dimensions are IRREGULAR

Building Details

  • Operating Expense $1,751
  • Gross Income $63,812
  • Net Operating Income $63,613

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,751

Year Built

Built in 1963

Lot Details

0.32 Acres

Listing Details

  • Cross Street: 22nd Street/6th Ave
  • Property Type: Multiple Dwellings
  • Zoning: SR2
  • Number Of Buildings: 3
  • Year Built: 1963
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: rete006
  • Co List Office Phone: 520-207-0903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Free: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Tucson Unified District

Lot Info

  • Lot Size: IRREGULAR
  • Additional Parcels: No
  • Parcel #: 118-25-177

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 7
  • Annual Gross Income: 63811.68
  • Property Net Operating Income: 63612.82
  • Annual Operating Expense: 1751.44
  • Vacancy Allowance Rate: 0.26

Tax Info

  • Tax Annual Amount: 1751.44
  • Tax Book Number: 118.00
  • Tax Lot: 11
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2023 05/18/23 Sold $675,000 -3.6% --
05/03/2023 05/03/23 Pending -- -- --
05/03/2023 05/03/23 Price Changed $700,000 0.0% --
05/03/2023 05/03/23 For Sale $700,000 -17.6% --
04/15/2023 04/15/23 Pending -- -- --
04/04/2023 04/04/23 Price Changed $850,000 -2.9% --
03/15/2023 03/15/23 For Sale $875,000 +73.3% --
04/08/2022 04/08/22 Sold $505,000 -8.2% $150 / Sq Ft View Prior Sale
11/03/2021 11/03/21 For Sale $550,000 +276.7% $163 / Sq Ft
03/06/2015 03/06/15 Sold $146,000 0.0% $46 / Sq Ft View Prior Sale
02/04/2015 02/04/15 Pending -- -- --
09/10/2014 09/10/14 For Sale $146,000 -- $46 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,345 $16,602 -- --
2025 $2,345 $15,811 -- --
2024 $1,884 $15,058 -- --
2023 $1,774 $14,341 $0 $0
2022 $1,739 $13,658 $0 $0
2021 $1,751 $12,389 $0 $0
2020 $1,697 $14,151 $0 $0
2019 $1,675 $14,141 $0 $0
2018 $1,632 $10,702 $0 $0
2017 $1,633 $10,702 $0 $0
2016 $1,626 $10,192 $0 $0
2015 $1,581 $9,707 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6531718

Arizona Regional Multiple Listing Service (ARMLS)
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