NOT LISTED FOR SALE
-- Bed
-- Bath
3,225 Sq Ft
9,148 Sq Ft Lot

Last Sold September 01, 2017

Last sale price $425,000 $132 Per Sq Ft

91 Days on Market

About This Home

As of September 2017

Seven unit apartment building located in a prime location five blocks from the University and close to downtown. This property is part of a multifamily portfolio consisting of two properties for a total of 10 units and can be purchased separately or with the triplex building located at 1438 E 9th Street, see MLS #21711288 All units offer central AC, off street parking and storage closets. Recent upgrades include all new AC units, electrical service and paint to the exterior and interior of the units. The interiors are spacious and have the original tiled counter tops, tiled tub surrounds and hard wood cabinetry. The property has been well maintained and professionally managed by the same owners for over thirty years. Package is attached.

Last Agent to Sell the Property

David Walsh

Northpoint Asset Management Listed on: 04/25/2017

Last Buyer's Agent

Victor Lopez

Copper Quail Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1951

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50x185

Home Design

  • 3,225 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • $3,061 special tax assessment

Community Details

Overview

  • Rieckers Addition Subdivision

Building Details

  • Insurance Expense $1,665
  • Maintenance Expense $1,654
  • Water Sewer Expense $2,892
  • Gross Income $39,979
  • Net Operating Income $29,215

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,108

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: From Parcel:001010010 /Rieckers Lot 1 Blk 8
  • List Price per Sq Ft: 142.64
  • Miscellaneous Package Available: Yes
  • Unit Info Average Monthly Rent One Bedroom: 595.00
  • Unit Info Average Monthly Rent Studios: 490.00
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units Studios: 5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3225.00

Exterior Features

  • Construction: Brick

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Heat Pump
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 1654.00
  • Expenses Other Expenses: 1492.00
  • Expenses Taxes Assessments: 3061.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.21
  • Lot Dimensions: 50X185
  • Lot Size Price Sq Ft: 50.28
  • Lot Sq Ft: 9148.00
  • Lot Sz Sold Prc Sq Ft: 46.46
  • Municipality Zoning: Tucson - R3

Building Info

  • Year Built: 1951

Tax Info

  • Tax Code: 124-07-1410
  • Taxes: 3107.51
  • Tax Year: 2016

Range of Values:

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Average Value
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List Price
Sold Price
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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
09/01/2017 09/01/17 Sold $425,000 0.0% $132 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $425,000 -- $132 / 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: 21711284

MLS of Southern Arizona