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$700,000
330 E Corona Road
Tucson, AZ 85756
MLS# 21801236
9802 sqft


330 E Corona Road, Tucson, AZ 85756
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330 E Corona Road, Tucson, AZ 85756 330 E Corona Road, Tucson, AZ 85756 330 E Corona Road, Tucson, AZ 85756

Property Description
HUGE CASH FLOW with meat on the bone left for the next investor! 14 2bd/1b and 1 1bd/b Property revamped and stabilized! Below Market Rents Unit Improvements include New Vinyl Dual Pane Windows, Most units have New Hot Water Heaters, New appliances in some units, new exterior security doors, new smart locks Repaired parking lot, and Exterior lighting added. Several Long Term Tenants

Details
Maps
Address Information
Street #: 330
Direction: E
Street Name: Corona
Suffix: Road
State/Province: AZ
Zip Code: 85756
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 138-17-032B
Comparable Only Listing: No
Tax Year: 2017
Taxes: 6400
Taxes For: Dwelling & Land
Legal Description: Golden Dawn Farms E2 Lot 44
Area: South
Subdivision: Golden Dawn Farms
Township: 15
Range: 13
Section: 13
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
Municipal Flood Zone: No
Community: None
Contract Information
Current Price: $700,000
List Price: $700,000
Listing Date: 2017-12-30
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Status: Active
General Property Information
Property Sub-Type: Other
Construction Status: Existing
Lot Dimensions: 145.2' x 300'
Lot Acres: 1
Lot Sqft: 43506
Lot Size Source: Assessor
Combined SqFt: 9802
Year Built: 1986
Total Parking: 15
School District: TUSD
Elementary School: Booth
Middle School: Drachman
High School: Catalina
Horse Property: No
Horse Facilities: No
List Price/SqFt: 71.41
Lot Size Price/SqFt: 16.09
Remarks & Misc
Geo Lat: 32.122649
Geo Lon: -110.964107
Unit 1 Information
Monthly Rent: 575
# Beds: 2
# Full Baths: 1
SqFt: 850
Occupancy: Yes
Floor: 1st
Parking: On Property
Analysis
Cap Rate %: 11.3
Gross Rent Multi: 6.97
Exp/SqFt: 2.18
Exp % of Gross: 21.29
Income
Gross Scheduled Rent: 96300
Other Income: 4200
Adjusted Gross: 100500
Total Expenses: 21400
Net Opp Income: 79100
Expenses
Contract Services: 2000
Insurance: 3000
Taxes/Assessments: 6400
Water/Sewer: 10000
Figures Presented: Actual
Dining Room
Other: Eat-in kitchen
Electric
Electric Company: Tucson Electric
Security
Other: Mark
Utilities Paid
Gas: Tenant
Trash: Tenant
Landscape - Rear
Other: Rose Bushes
Home Protection
Offere: No
Property Features
Construction: Frame - Stucco
Roof: Shingle
Dining Areas: Eat-In Kitchen
Breakfast: Eat-In
Kitchen Features: Electric Range
Laundry: Facility
Extra Room: None
Interior Features: Bay Window; Dual Pane Windows; Smoke Detector; Walk In Closets
Floor Covering: Ceramic Tile
Window Covering: Stay
Technology: High Speed Internet
Main Cooling: Evap Central
Main Heating: Baseboard
Gas: None
Sewer: Connected
Water: City Water
Accessibility Option: Level
Security: Security Lights
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: Natural Desert
View: Rural; Sunrise; Mountain; Sunset
RV Parking: Space Available
Terms: Cash; Conventional
Property Disclosures: Unknown

Listing Office: World Class Properties

Last Updated: January - 18 - 2018

Information deemed reliable but not guaranteed.

Thursday 18th of January 2018 05:40 PM