$750,000
SOLD MAY 18, 2020
6 Beds
3 Baths
3,281 Sq Ft
3,281 Sq Ft Lot

Recently Sold

$229 Per Sq Ft

120 Days on Market

Highlights

  • City View
  • Contemporary Architecture
  • Eat-In Kitchen
  • 0.08 Acre Lot
  • Great Room
  • Bathtub with Shower

About This Home

As of May 2020

OUTSTANDING Turn-key cash-flowing 6-plex in growing & vibrant area near the University of Arizona!university of Arizon! Excellent for 1031 exchange or turn-key investment! 5 out of the 6 units have been renovated from head to toe and are generating high rents! all leases are solid, and long term. all 2bed 1 bath large units with front and back yards and sliding doors in the room! Lots of parking! Separate tax parcels for convenient and conventional financing (4plex on one, and duplex on another). Collects rents for many years without dropping a dime in renovations, and just raise rents each year. Units rent out immediately and have great floorplans. If you're looking for a great turn-key property in a great location, this is the one. Figures are all actual. 4plex and duplex look identica

Last Agent to Sell the Property

Charles Loschiavo II

Keller Williams Southern Arizona Listed on: 01/02/2020

Last Buyer's Agent

Maria Angie Pena

Genesis Real Estate & Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,781

Year Built

  • Built in 1984

Lot Details

  • 3,281 Sq Ft Lot
  • Chain Link Fence
  • Back and Front Yard

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Frame With Stucco
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 3,281 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room
  • City Views
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • Driveway

Schools

  • Keeling Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Slab Porch or Patio
  • Ground Level

Listing and Financial Details

  • $2,756 special tax assessment

Community Details

Overview

  • Garden Homes Annex Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $911
  • Water Sewer Expense $2,955
  • Gross Income $69,300
  • Net Operating Income $62,678

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,781

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Contemporary
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Garden Homes Annex Lot 6 Exc E110' S65' & Exc E129.11' N65' Blk 1
  • Attached Detached: Attached
  • List Price per Sq Ft: 243.52
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent Two Bedroom: 962.50
  • Unit Info Number Of Units2 B R: 4
  • Unit Info Number Of Units Other: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 3281.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Living Areas: Great Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Electric Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio, Slab
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: City
  • Exterior Feature: None

Garage/Parking

  • Driveway: To Property Line
  • Total Parking: 6

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air, Heat Pump
  • Main Heating: Heat Pump
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 2756.00

Schools

  • School District: Amphitheater
  • Elementary School: Keeling
  • Middle School: Amphitheater
  • High School: Amphitheater

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.08
  • Lot Dimensions: Irregular
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 243.52
  • Lot Sq Ft: 3281.00
  • Lot Sz Sold Prc Sq Ft: 228.59
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1984

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Tenant

Tax Info

  • Tax Code: 113-08-211C
  • Taxes: 2781.00
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Amphitheater
  • Elementary School: Keeling
  • High School: Amphitheater
  • School District: Amphitheater

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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
05/18/2020 05/18/20 Sold $750,000 0.0% $229 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $750,000 +127.3% $229 / Sq Ft
06/28/2019 06/28/19 Sold $330,000 0.0% $101 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $330,000 -- $101 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22000107

MLS of Southern Arizona