3130 E 4th Street, Tucson, AZ 85716

$1,155,000
Property Type: Multi-Family Square Footage: 9,312 Lot Size (sq. ft.): 69 Status: Closed
Current Price: $1,155,000 List Date: 8/13/2017 Last Modified: 12/09/2024

Overview

Description

Excellent, unique, opportunity to own a gated, renovated, 12 plex, on a quiet cul-de-sac, sandwiched between two of the most coveted neighborhoods, Sam Hughes and Miramonte. Complex is within a mile from the UofA. Fully rehabbed 1/2016. Great CAP rate! New gravel landscaping, new asphalt front and back driveways, new exterior paint, roof recoat/maintained 1/2016, new heat pumps all units, new energy efficient windows, new balcony wood, all units tiled throughout, new counter tops, new appliances, new sinks, new shower tile surround, new vanities, new lighting, new fencing. Laundry room with 3 commercial washers and 3 commercial dryers and storage room. Automated, remote access, sliding front gate. ALL UNITS SEPARATELY METERED. ALL NUMBERS ARE ACTUAL. 100% OCCUPIED.

Listing Details MLS# 21721340

Address Information

Street #
3130
Direction
E
Street Name
4th
Suffix
Street
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
125-14-010A
Area
Central
Subdivision
Virginia Heights
Comparable Only Listing
No
Tax Year
2016
Taxes
5659.46
Assessments
0
Taxes For
Dwelling & Land
Legal Description
Virginia Heights Amended Lots 11 & 12 Blk 1
Township
14
Community
None
Range
14
Section
9
Municipality/Zoning
Tucson - R3
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Attached/Detached
Attached
Construction Status
Existing
Lot Dimensions
Unknown
Lot Acres
0.41
Lot Sqft
17860
Lot Size Source
Assessor
Combined SqFt
9312
Year Built
1978
School District
TUSD
Elementary School
Acacia
Middle School
Ajo
High School
Ajo
Horse Property
No
Horse Facilities
No
List Price/SqFt
134.24
Lot Size Price/SqFt
69.99
Total Parking
0

Property Features

Construction: Frame - Stucco Roof: Tile Living Areas: Off Kitchen Dining Areas: Breakfast Nook Dining Room: Area Breakfast: None Kitchen Features: Electric Range; Refrigerator Bathroom Features: Shower & Tub/Hall Laundry: Facility Floor Covering: Ceramic Tile Window Covering: Some Technology: Cable TV Main Cooling: Central Air Main Heating: Electric; Forced Air Water Heater: Electric Gas: None Sewer: Connected Water: Public Accessibility Option: None Security: Security Lights Pool: None Spa: None Fence: Electric; Wrought Iron Landscape - Front: Low Care Landscape - Rear: Low Care View: None Road Type: Paved Exterior Feature: Workshop Lot Features: East/West Exposure Neighborhood Features: None Terms: Cash; Conventional Property Disclosures: Deed Restrictions; Public Airport Vcty Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

Status Change Info

Off Market Date
2017-08-14
Pending Date
2017-10-05
Sold Date
2017-10-09
Sold Price/SqFt
124.03
Lot Sz Sold Prc/SqFt
64.67
How Sold
Cash

More Information

Showing Information

Directions
Country Club/4th, E on 4th to address.

Unit 1 Information

Monthly Rent
800
# Beds
2
# Full Baths
Yes
SqFt
752
Occupancy
Yes
Stories
Two
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

# Beds
2
# Full Baths
Yes
Occupancy
Yes
Floor
2nd
Parking
On Property

Unit 3 Information

# Beds
2
# Full Baths
Yes
Occupancy
Yes
Parking
On Property

Unit 4 Information

# Beds
2
# Full Baths
Yes
Occupancy
Yes
Floor
2nd
Parking
On Property

Analysis

Cap Rate %
8.24
Gross Rent Multi
9.57
Vacancy Rate %
2.07
Exp/SqFt
2.74
Exp % of Gross
21.13

Income

Gross Scheduled Rent
115200
Vacancy Loss
2384
Other Income
7920
Adjusted Gross
120736
Total Expenses
25516
Net Opp Income
95220

Expenses

Admin Expenses
640
Contract Services
1020
Gas/Electric
1200
Insurance
3732
Maintenance Supplies
3025
Management
7200
Taxes/Assessments
5659
Other Expenses
3040
Figures Presented
Actual
Capital Expenses
0
Resident Manager
0
Water/Sewer
0

Style

Other
Apartments

Extra Room

Other
storage room

Interior Features

Interior Steps
No

Electric

Electric Company
TEP

Utilities Paid

Cable TV
Tenant
Electric
Tenant
Gas
Tenant
Insurance
Owner
Landscaping
Owner
Pool/Spa Maintenance
Owner
Sewer
Owner
Taxes
Owner
Trash
Owner
Water
Owner

Driveway

Paved
Asphalt

RV Parking

Other
None

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
Yes
CC&Rs
Yes

Submit With Offer

Digital Signatures
Yes

Home Protection

Offered
No

Gas

None
Yes

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Roof

Tile
Yes

Water

Public
Yes

Living Areas

Off Kitchen
Yes

Dining Areas

Breakfast Nook
Yes

Fence

Electric
Yes
Wrought Iron
Yes

Dining Room

Area
Yes

View

None
Yes

Breakfast

None
Yes

Road Type

Paved
Yes

Kitchen Features

Electric Range
Yes
Refrigerator
Yes

Road Maintenance

City
Yes

Lot Features

East/West Exposure
Yes

Main Cooling

Central Air
Yes

Laundry

Facility
Yes

Neighborhood Features

None
Yes

Main Heating

Electric
Yes
Forced Air
Yes

Water Heater

Electric
Yes

Association & Fees

HOA
No

Bathroom Features

Shower & Tub/Hall
Yes

Terms

Cash
Yes
Conventional
Yes

Floor Covering

Ceramic Tile
Yes

Window Covering

Some
Yes

Accessibility Option

None
Yes

Technology

Cable TV
Yes

Security

Security Lights
Yes

Sold Info

Seller Concessions
0

Landscape - Front

Low Care
Yes

Landscape - Rear

Low Care
Yes

Patio/Deck

Balcony
Yes
Covered
Yes

Pool

None
Yes

Property Disclosures

Deed Restrictions
Yes
Public Airport Vcty
Yes

Spa

None
Yes

Special Conditions

None
Yes

Exterior Feature

Workshop
Yes
IDX
Listing Office: Cobb Realty, LLC
Last Updated: December - 09 - 2024
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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