NOT LISTED FOR SALE
2 Beds
2 Baths
3,032 Sq Ft
0.27 Acres

Last Sold October 28, 2021

Last sale price $837,950 $276 Per Sq Ft

202 Days on Market

Highlights

  • 0.27 Acre Lot
  • Breakfast Bar
  • 1-Story Property
  • Contemporary Architecture
  • Bathtub with Shower
  • High Speed Internet

About This Home

As of October 2021

Central Tucson Neighborhood 8 unit apartment complex known as eight on 2nd. This property is close to everything residents need and want - including UofA, shopping, Restaurants, Parks & schools. Currently property is fully rented and is turn key and ready for any investor. Rents could potentially be raised to keep track with current rates and demands

Last Agent to Sell the Property

Rob Alvarez

Keller Williams Southern Arizona Listed on: 04/02/2021

Keller Williams Southern Arizona

Co-Listed By

Brian Forbes

Keller Williams Southern Arizona

Last Buyer's Agent

Non- Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,973

Year Built

  • Built in 1980

Lot Details

  • 0.27 Acre Lot
  • East or West Exposure

Home Design

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

Interior Spaces

  • 3,032 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Range

Bedrooms and Bathrooms

  • Dual Sinks
  • Bathtub with Shower

Parking

  • 12 Parking Spaces
  • Driveway

Location

  • Ground Level
  • Upper Level

Schools

  • Howell Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Speedway Park Addition Subdivision

Building Details

  • Fuel Expense $2,400
  • Professional Management Expense $405
  • Water Sewer Expense $2,400
  • Gross Income $30,420
  • Net Operating Income $25,215

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,973

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Contemporary
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: S123.46' N630' W94.41' E648.57' NE4NE4 .27 AC SEC 9-14-14
  • Attached Detached: Attached
  • List Price per Sq Ft: 288.59
  • Subdivision Restrict C C And Rs: No
  • Unit Info Number Of Units Studios: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Floor Covering Other: laminate
  • Window Coverings: Stay
  • Gross Sq Ft: 3032.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast Other: Breakfast Bar
  • Dining Areas: Breakfast Bar
  • Dining Room: None
  • Laundry Other: Onsite
  • Living Areas: None
  • Extra Room: None
  • Kitchen Features: Double Sink, Electric Range
  • Interior Steps: No

Exterior Features

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

Garage/Parking

  • Total Parking: 12

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Wall Unit(s)
  • Main Heating: Wall
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 2400.00

Schools

  • School District: TUSD
  • Elementary School: Howell
  • Middle School: Mansfeld
  • High School: Tucson

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.27
  • Lot Dimensions: unknown
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 74.40
  • Lot Sq Ft: 11761.00
  • Lot Sz Sold Prc Sq Ft: 71.25
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1980

Rental Info

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

Tax Info

  • Tax Code: 125-10-009G
  • Taxes: 2973.35
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Howell
  • High School: Tucson
  • School District: TUSD

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
10/28/2021 10/28/21 Sold $837,950 0.0% $276 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $837,950 +43.2% $276 / Sq Ft
06/09/2017 06/09/17 Sold $585,000 0.0% $193 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $585,000 +129.4% $193 / Sq Ft
12/29/2016 12/29/16 Sold $255,000 0.0% $84 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $255,000 -- $84 / 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: 22108562

MLS of Southern Arizona