1114 E Adams Street

    Tucson, AZ 85719
    • $1,650,000
    • STATUS: Pending
    • ID#: 21922383
    Pending
    $1,650,000
    • 6
      BEDS
    • 0.41
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 5,733
      SQFT
    • $288
      $/SQFT
    Neighborhood:
    N/A
    Type:
    Multi-Family
    Built:
    1966
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Long Realty Company.

    Description

    5 UNITS NEXT DOOR TO THE JUST COMPLETED U OF A NEW HONORS VILLAGE CAMPUS AND DORMS https://www.honors.arizona.edu/honors-villageAND JUST A COUPLE OF BLKS FROM THE U OF A MEDICAL SCHOOL/CAMPUS.AT U OF A. THIS 5 UNIT COMPLEX IS COMPOSED OF 3 BEDROOM 2 BATH UNITS. ALL UNITS RENTED FOR $1,975 PER MONTH.. PROPERTY HAS HAD A GUT REHAB WITH 5 NEW WATER METERS(SO NO UTILITY EXPENSES), CORRUGATED METAL SIDING, NEW ROOFS, KITCHENS, WASHERS/DRYERS, A/C UNITS WITH EXPOSED SPIRAL DUCTING, PRIVATE FENCED REAR YARDS, ETC. SEE PHOTOS. RENTS CUIRRENTLY ARE AT $1.72 PER SF AND AVERAGE RENTS IN THE AREA ARE $2.00 PER SFR, $2,300 PER UNIT OR $750 PER BEDROOM. SO GREAT UPSIDE

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    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-11-12T00:06:16.713.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Long Realty - The Vallee Gold Team are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.valleegoldteam.com/homes/98379543

    1114 E Adams Street Tucson, AZ 85719

    • Price: $1,650,000
    • Status: Pending
    • ID#: 21922383
    6
    Beds
    4
    Baths
    0
    ½ Baths
    0.41
    Acres
    5,733
    SQFT
    $288
    $/SQFT
    1966
    Built
    Neighborhood:
    N/A
    County:
    Pima
    Area:
    Central
    Elementary School:
    Blenman
    Middle School:
    Doolen
    High School:
    Catalina
    School District:
    TUSD
    Property Description
    5 UNITS NEXT DOOR TO THE JUST COMPLETED U OF A NEW HONORS VILLAGE CAMPUS AND DORMS https://www.honors.arizona.edu/honors-villageAND JUST A COUPLE OF BLKS FROM THE U OF A MEDICAL SCHOOL/CAMPUS.AT U OF A. THIS 5 UNIT COMPLEX IS COMPOSED OF 3 BEDROOM 2 BATH UNITS. ALL UNITS RENTED FOR $1,975 PER MONTH.. PROPERTY HAS HAD A GUT REHAB WITH 5 NEW WATER METERS(SO NO UTILITY EXPENSES), CORRUGATED METAL SIDING, NEW ROOFS, KITCHENS, WASHERS/DRYERS, A/C UNITS WITH EXPOSED SPIRAL DUCTING, PRIVATE FENCED REAR YARDS, ETC. SEE PHOTOS. RENTS CUIRRENTLY ARE AT $1.72 PER SF AND AVERAGE RENTS IN THE AREA ARE $2.00 PER SFR, $2,300 PER UNIT OR $750 PER BEDROOM. SO GREAT UPSIDE
    Exterior Features

    Construction Concrete Block Driveway Paved Asphalt Exterior Feature NoneCourtyard Fence BlockWood Landscape Front Decorative GravelLow Care Landscape Rear Low Care Patio Deck Deck Pool None Road Type Paved Roof Built-Up - Reflect Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View NoneMountain

    Interior Features

    Bathroom Features Shower & Tub/MasterShower & Tub/Hall Breakfast Area Dining Areas Dining in Lr/Gr Dining Room Area Extra Room None Floor Covering Ceramic TileConcrete Interior Features Ceiling Fan(S)Dual Pane Windows Kitchen Features Electric RangeGas RangeDishwasherGarbage DisposalRefrigerator Laundry Dryer IncludedWasher Included Living Areas Great Room Main Cooling Ac Central Main Heating Gas Pac Technology Cable TvTelephone Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 1147 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 1147 Water Heater Natural Gas

    Property Features

    Accessibility Option Door Levers Analysis Cap Rate Percent 6.09 Analysis Exp Percent Of Gross 12.66 Analysis Exp Sqft 2.62 Analysis Gross Rent Multi 14.35 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Attached Community None Country Usa Distressed Info None Dwelling Type 4 Plex Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Actual Expenses Gas Electric 0.00 Expenses Insurance 1500.00 Expenses Maintenance Supplies 0.00 Expenses Management 9480.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 4021.00 Expenses Water Sewer 0.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 118500.00 Income Gross Scheduled Rent 118500.00 Income Net Opp Income 103499.00 Income Other Income 0.00 Income Total Expenses 15001.00 Income Vacancy Loss 0.00 Lot Dimensions 120X150 Lot Features Adjacent To Alley Lot Size Source Assessor Lot Sqft 18000.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures None Road Maintenance City Section 6 Security None Sewer Connected Special Conditions None Style Contemporary Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2018 Taxes 4020.97 Taxes For Dwelling & Land Terms CashConventional Total Parking 15 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1975 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 2000 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Sewer Tenant Utilities Paid Taxes Owner Utilities Paid Trash Tenant Utilities Paid Water Tenant Water City Water

    Listing provided courtesy of Long Realty Company. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-11-12T00:06:16.713.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Long Realty - The Vallee Gold Team are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    Long Realty - The Vallee Gold Team
    1890 East River Road
    Tucson AZ, 85718
    Courtesy of Long Realty Company.
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