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$325,000
280 S Highland Avenue
Tucson, AZ 85719
MLS# 21800732
Status: Closed
2160 sqft


282 UNIT WITH STEEL FENCE
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282 UNIT WITH STEEL FENCE 280 S Highland Avenue, Tucson, AZ 85719 LIVING ROOM- SAME IN ALL UNITS UNIT 280 KITCHEN AND PATIO ACCESS 280 S Highland Avenue, Tucson, AZ 85719 BATHROOM VIEW- SAME IN ALL THE UNITS PATIO- SAME IN ALL THE UNITS 282 LIVING 282 UNIT KITCHEN AND DINING AREA VIEW AND PATIO ACCESS 282 UNIT SAME PLAN DIFFERENT DECORATOR COLORS AND CABINETS 282 UNIT- TILED COUNTERS HALLWAY STORAGE- SAME IN ALL UNITS 282 PATIO STORAGE CLOSET BETWEEN BATH AND KITCHEN 284 LIVING AND KITCHEN INTO BEDROOMS AND BATH, 284 UNIT KITCHEN AND DINING 284 KITCHEN 284 BATHROOM 284 BEDROOM 284 PATIO 284 UNIT AND LANDSCAPING CORNER VIEW LOOKING NORTH TO U OF A STADIUM ARROYO CHICO BIKE PATH TO DOWNTOWN IS A FEW BLOCKS SOUTH 280 S Highland Avenue, Tucson, AZ 85719

Property Description
OWNER/AGENT: SOLID UNIVERSITY OF ARIZONA AREA TRIPLEX WITH ZERO VACANCY. ALL 2/1 UNITS, 720 SF EACH FEATURING REMODELED KITCHENS, TILE FLOORS, CEILING FANS, FULL BATH IN EACH UNIT, PRIVATE BRICK PAVER PATIOS WITH WASHER/DRYER HOOK-UPS UNDER ROOF. RUSTED STEEL FENCING AROUND EACH PATIO, NEWER ROOF- RECENTLY COATED, ALL UNITS AIR-CONDITIONED AND ALL ELECTRIC (NO GAS ON PROPERTY) OUTSIDE STORAGE FOR EACH UNIT, LARGE DRIVEWAY FOR 2 CARS PER UNIT. WATER/SEWER/TRASH PD BY LANDLORD. LANDSCAPING MATURE AND ON AUTO DRIP. LOCATION IS PRIME, CAN WALK/BIKE TO CAMPUS. UNITS RARELY VACANT. OWNER/AGENT TO PARTICIPATE IN 1031 TAX EXCHANGE. MUST NOT DISTURB TENANTS !

Details
Maps
Documents
Address Information
Street #: 280
Direction: S
Street Name: Highland
Suffix: Avenue
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 124-12-1140
Tax Year: 2017
Taxes: 2192.7
Taxes For: Dwelling & Land
Legal Description: University Heights Lot 24 Blk 51
Area: Central
Subdivision: University Heights
Township: 14
Range: 14
Section: 18
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Community: None
Contract Information
Current Price: $325,000
List Price: $325,000
Listing Date: 2018-01-08
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Status: Closed
Pending Date: 2018-04-06
Sold Date: 2018-04-09
Sold Price: 325000
Sold Price/SqFt: 150.46
Lot Sz Sold Prc/SqFt: 33.91
How Sold: Conventional
Showing Information
Directions: Broadway and Campbell, East to Highland, South 2 blocks to address on the corner of Highland and Miles- DO NOT DISTURB TENANTS.
General Property Information
Dwelling Type: 3 Plex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 76X126.36
Lot Acres: 0.22
Lot Sqft: 9583
Lot Size Source: Assessor
Combined SqFt: 2160
Year Built: 1985
Total Parking: 6
School District: TUSD
Elementary School: Sam Hughes
Middle School: Mansfeld
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 150.46
Lot Size Price/SqFt: 33.91
Remarks & Misc
Geo Lat: 32.219765
Geo Lon: -110.951194
Unit 1 Information
Monthly Rent: 735
# Beds: 2
# Full Baths: 1
SqFt: 720
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 725
# Beds: 2
# Full Baths: 1
SqFt: 720
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 725
# Beds: 2
# Full Baths: 1
SqFt: 720
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 4.53
Gross Rent Multi: 12.4
Exp/SqFt: 5.32
Exp % of Gross: 43.85
Income
Gross Scheduled Rent: 26220
Adjusted Gross: 26220
Total Expenses: 11498.7
Net Opp Income: 14721.3
Expenses
Capital Expenses: 3042
Insurance: 695
Maintenance Supplies: 2167
Taxes/Assessments: 2192.7
Water/Sewer: 2420
Other Expenses: 982
Figures Presented: Actual
Kitchen Features
Appliance Color: Almond
Countertops: TILE
Oven: RANGE
Bathroom Features
Countertops/Hall: FORMICA
Laundry
Other: ON COV'D PATIO
Electric
Electric Company: TUCSON ELECTRIC
Security
Other: BARS ON 284 UNIT
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Fence
Other: RUSTED STEEL
Driveway
Paved: Gravel
RV Parking
Other: MAYBE TEMPORARY
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No
Association & Fees
HOA: No
Submit With Offer
Digital Signatures: Yes
Home Protection
Offere: Yes
Plan By: 2-10 Home Warranty
Property Features
Construction: Frame - Stucco
Style: Contemporary
Roof: Built-Up; Tile
Living Areas: Great Room
Dining Areas: Breakfast Bar; Dining in LR/GR
Dining Room: Area
Breakfast: Bar
Kitchen Features: Breakfast Bar; Double Sink; Electric Range; Lazy Susan; Garbage Disposal; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: Outside
Extra Room: Storage
Interior Features: Ceiling Fan(s); Smoke Detector
Floor Covering: Ceramic Tile
Window Covering: Some
Technology: Cable TV; High Speed Internet; Telephone
Main Cooling: AC Central; Ceiling Fans
Main Heating: Forced Air - Elec; Heat Pump
Water Heater: Electric
Gas: None
Sewer: Connected
Water: None
Accessibility Option: None
Security: Bars; Security Lights
Green Features: Bath Exhaust Out; Low Flow Faucets; Only Native Plants; Water Sense Shower Head
Patio/Deck: Covered; Patio; Paver
Pool: None
Spa: None
Landscape - Front: Decorative Gravel; Desert Plantings; Low Care; Shrubs
Landscape - Rear: None
View: Residential; Sunrise; Mountain
Road Type: Paved
Driveway: Circular
Exterior Feature: Storage Shed
Lot Features: Corner Lot; East/West Exposure
Neighborhood Features: Basketball Court; Historic; Paved Street; Sidewalks; Street Lights
Terms: Cash; Conventional; Exchange; Trade
Submit With Offer: Additional Addendum; Dual Agency Consent; Earnest Check; Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Military Airport Vct; Seller Prop Disclosure; Clue Report
Special Conditions: See Supplement

Listing Office: Tierra Antigua Realty

Last Updated: April - 10 - 2018

Information deemed reliable but not guaranteed.

Sunday 15th of July 2018 11:19 PM