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$115,000
3848 E 32Nd Street
Tucson, AZ 85713
MLS# 21810650
Status: Closed
1702 sqft


3848 E 32Nd Street, Tucson, AZ 85713
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Property Description
Great investment opportunity in Central. This 4 plex needs improvements but affords the possibility of increased rents. Close to restaurants, golf course, El Con or shopping and 15-20 drive to airport.

Details
Maps
Documents
Address Information
Street #: 3848
Direction: E
Street Name: 32Nd
Suffix: Street
State/Province: AZ
Zip Code: 85713
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 130-12-0280
Comparable Only Listing: No
Tax Year: 2017
Taxes: 1178.61
Taxes For: Dwelling & Land
Legal Description: Bel Air Lot 27
Area: Central
Subdivision: Bel Air
Township: 14
Range: 14
Section: 21
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Community: None
Contract Information
Current Price: $116,000
List Price: $115,000
Listing Date: 2018-04-13
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Status: Closed
Pending Date: 2018-06-07
Sold Date: 2018-06-08
Sold Price: 116000
Sold Price/SqFt: 68.16
Lot Sz Sold Prc/SqFt: 12.68
How Sold: Other
Showing Information
Directions: 22nd/Alvernon S., W. on 32nd St
General Property Information
Dwelling Type: 4 Plex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.21
Lot Sqft: 9148
Lot Size Source: Assessor
Combined SqFt: 1702
Year Built: 1952
Total Parking: 4
School District: TUSD
Elementary School: Dietz
Middle School: Mansfeld
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 67.57
Lot Size Price/SqFt: 12.57
Remarks & Misc
Geo Lat: 32.199119
Geo Lon: -110.910275
Unit 1 Information
Monthly Rent: 400
# Beds: 1
# Full Baths: 1
SqFt: 425
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 425
# Beds: 1
# Full Baths: 1
SqFt: 425
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 375
# Beds: 1
# Full Baths: 1
SqFt: 425
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property
Unit 4 Information
Monthly Rent: 350
# Beds: 1
# Full Baths: 1
SqFt: 425
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 6.1
Gross Rent Multi: 6.68
Exp/SqFt: 6.05
Exp % of Gross: 59.28
Income
Gross Scheduled Rent: 17363
Adjusted Gross: 17363
Total Expenses: 10292
Net Opp Income: 7071
Expenses
Admin Expenses: 33
Capital Expenses: 2615
Gas/Electric: 72
Insurance: 900
Management: 1736
Taxes/Assessments: 1178
Water/Sewer: 3489
Other Expenses: 269
Figures Presented: Actual
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
RV Parking
Other: None
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No
Association & Fees
HOA: No
Home Protection
Offere: No
Property Features
Construction: Brick
Style: Ranch
Roof: Built-Up - Reflect
Living Areas: Off Kitchen
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: None
Kitchen Features: Gas Range; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: None
Extra Room: None
Interior Features: Exposed Beams
Floor Covering: Ceramic Tile
Window Covering: None
Technology: Cable TV
Main Cooling: Evap Central
Main Heating: Wall
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: City Water
Accessibility Option: None
Security: None
Patio/Deck: None
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: None
Landscape - Rear: None
Road Type: Chip/Seal
Driveway: None
Exterior Feature: None
Lot Features: Corner Lot
Neighborhood Features: None
Terms: Cash; Conventional
Submit With Offer: AS-IS Addendum; Income Property Addendum; Proof of Funds
Property Disclosures: Lead Based Paint; Leases; Public Airport Vcty
Special Conditions: Fix Up; No SPDS; Property Sold As-Is

Listing Office: Long Realty Company

Last Updated: August - 22 - 2018

Information deemed reliable but not guaranteed.

Saturday 22nd of September 2018 11:26 AM