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220 E Ft Lowell Road, Tucson, AZ 85705

$380,000
Property Type: Multi-Family Square Footage: 7,955 Lot Size (sq. ft.): 28,314 Status: Closed
Current Price: $380,000 List Date: 3/11/2002 Last Modified: 6/24/2026

Overview

Description

Investor liquidating portfolio. Great rental history! 12 plex of mostly free standing casitas with individual back yards and some with carports. Business potential with .65 acre CB-2 lot. Units are seperatly metered for water, gas, electric.Flood insurance required. Major renovation in 1998.

Listing Details MLS# 2207182

Address Information

Street #
220
Direction
E
Street Name
Ft Lowell
Suffix
Road
State/Province
AZ
Zip Code
85705
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
107-11-0650
Area
Central
Subdivision
Coronado Heights
Tax Year
2001
Taxes
2513
Assessments
0
Legal Description
Coronado Heights Lot3 Block4
Township
13
Community
None
Range
13
Section
36
Municipality/Zoning
Pima County - CB2
Fire Protection
None

General Property Information

Lot Acres
0.65
Lot Sqft
28314
Lot Size Source
Owner
Combined SqFt
7955
Year Built
1948
List Price/SqFt
47.77
Lot Size Price/SqFt
13.42

Property Features

Construction: Masonry Stucco Main Cooling: Central Air; Evaporative Cooling Main Heating: Wall Furnace Sewer: Connected Water: Public Security: None Terms: Conventional Property Disclosures: Unknown Sold Info: Financing

Status Change Info

Off Market Date
2002-06-14
Pending Date
2002-04-30
Sold Date
2002-06-14
Sold Price/SqFt
47.76
Lot Sz Sold Prc/SqFt
13.42
How Sold
Conventional

More Information

Showing Information

Directions
Stone & Ft Lowell E to Address.

Unit Info

# of Units/Studios
Yes
Avg Mo Rent/Studios
315
# of Units/1 BR
9
Avg Mo Rent/1 BR
403
# of Units/3 BR
2
Avg Mo Rent/3 BR
543

Analysis

Cap Rate %
9.66
Gross Rent Multi
6.38
Vacancy Rate %
3
Exp/SqFt
2.87
Exp % of Gross
38.33

Income

Gross Scheduled Rent
60336
Vacancy Loss
1809
Other Income
1012
Adjusted Gross
59539
Total Expenses
22824
Net Opp Income
36715

Expenses

Insurance
5014
Maintenance Supplies
7993
Management
4824
Taxes/Assessments
2513
Water/Sewer
2480

Interior Features

Interior Steps
No

Miscellaneous

Master Elec Meter
No
Master Gas Meter
No
Master Water Meter
Yes
Package Available
Yes

Construction

Masonry Stucco
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes
Evaporative Cooling
Yes

Main Heating

Wall Furnace
Yes

Terms

Conventional
Yes

Security

None
Yes

Sold Info

Financing
Yes

Property Disclosures

Unknown
Yes
IDX
Listing Office: Arizona First Properties, LLC
Last Updated: June - 24 - 2026
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 the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

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