NOT LISTED FOR SALE
2 Beds
1 Bath
862 Sq Ft
1976 Built

Last Sold July 18, 2022

Last sale price $435,000 $505 Per Sq Ft

3 Days on Market

Highlights

  • RV or Boat Parking
  • Central Air
  • Heating Available
  • Ceramic Tile Flooring

About This Home

As of July 2022

Triplex, great central location near Tucson Blvd & Grant Roads. Very well maintained by the same owner of forty two years, no deferred maintenance. All units are 2/1 floor plans, 865 sq ft each and include: off street parking, central AC/heat, ceramic or vinyl plank flooring, eat in kitchen, walk in closets, separate storage rm. and private fenced back yard. The property includes coin op laundry machines (just purchased new) for extra income and additional parking in the rear of the lot. Tenants pay a monthly water fee in addition to rent. All three units currently leased. Rents are below market and can easily be increased without any improvements to the property. Roof recently re-coated, two water heaters and one AC unit recently replaced. Additional information under documents tab.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 06/10/2022

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,847

Year Built

  • Built in 1976

Home Design

  • Built-Up Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Over 1 Space Per Unit
  • RV or Boat Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 00010 / 007
  • Assessor Parcel Number 112-07-219-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 100x110
  • Grant Road Park 2 Subdivision

Building Details

  • Operating Expense $8,367
  • Gross Income $30,311
  • Net Operating Income $22,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,847

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: Glenn & Tucson Blvd
  • Legal Info Range: 14
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1976
  • Tax Year: 2021
  • Directions: Glenn and Tucson Blvd, south to Sequoyah, east to property
  • Road Surface Type: Asphalt
  • Subdivision Name: GRANT ROAD PARK 2
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: RV/Access Parking, Add'l Parking Avail, >1 Space Per Unit
  • 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
  • Exterior Amenities:RVBoat Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central Air
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2160.0

Lot Info

  • Lot Size: 100x110
  • Additional Parcels: No
  • Parcel #: 112-07-219-A

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 3
  • Annual Gross Income: 30310.56
  • Insurance Expense: 960.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 22030.0
  • Annual Operating Expense: 8367.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 2847.0
  • Tax Block: 007
  • Tax Book Number: 112.00
  • Tax Lot: 00010

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $435,000 +3.6% $505 / Sq Ft
06/10/2022 06/10/22 For Sale $420,000 -- $487 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6415073

Arizona Regional Multiple Listing Service (ARMLS)