3623 E Flower Street, Tucson, AZ 85716
$995,000
Property Type:
Multi-Family
Square Footage:
15,950
Lot Size (sq. ft.):
15
Status:
Closed
Current Price:
$995,000
List Date:
6/30/2015
Last Modified:
4/22/2026
Overview
Description
Listing Details MLS# 21518493
Address Information
- Street #
- 3623
- Direction
- E
- Street Name
- Flower
- Suffix
- Street
- State/Province
- AZ
- Zip Code
- 85716
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 111-08-0900
- Area
- Central
- Subdivision
- Grantland Acres
- Tax Year
- 2014
- Taxes
- 16244
- Assessments
- 0
- Legal Description
- Grant Land Acres Lot 7
- Township
- 13
- Community
- None
- Range
- 14
- Section
- 33
- Municipality/Zoning
- Tucson - R2
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- 240 x 300
- Lot Acres
- 1.65
- Lot Sqft
- 71962
- Lot Size Source
- Assessor
- Combined SqFt
- 15950
- Year Built
- 1962
- List Price/SqFt
- 68.97
- Lot Size Price/SqFt
- 15.29
Property Features
Main Heating:
Forced Air; Natural Gas
Sewer:
Connected
Water:
Public
Security:
None
Terms:
Cash
Property Disclosures:
Unknown
Contract Information
- Distressed Info
- None
Status Change Info
- Off Market Date
- 2015-09-02
- Pending Date
- 2015-09-01
- Sold Date
- 2015-12-31
- Sold Price/SqFt
- 62.38
- Lot Sz Sold Prc/SqFt
- 13.83
- How Sold
- Conventional
More Information
Showing Information
- Directions
- North on Alvernon from Grant, west on Flower to address.
Unit Info
- # of Units/Studios
- Yes
- Avg Mo Rent/Studios
- 435
- # of Units/1 BR
- 16
- Avg Mo Rent/1 BR
- 525
- # of Units/2 BR
- 6
- Avg Mo Rent/2 BR
- 625
- # of Units/3 BR
- Yes
- Avg Mo Rent/3 BR
- 750
- Avg Mo Rent/Other
- 0
Analysis
- Cap Rate %
- 9.99
- Gross Rent Multi
- 6.32
- Vacancy Rate %
- 3
- Exp/SqFt
- 3.63
- Exp % of Gross
- 36.8
Income
- Gross Scheduled Rent
- 160440
- Vacancy Loss
- 4811
- Other Income
- 1735
- Adjusted Gross
- 157364
- Total Expenses
- 57917
- Net Opp Income
- 99447
Expenses
- Insurance
- 7700
- Maintenance Supplies
- 5360
- Resident Manager
- 7500
- Taxes/Assessments
- 16244
- Water/Sewer
- 9130
- Other Expenses
- 11983
- Figures Presented
- Proforma
- Admin Expenses
- 0
- Capital Expenses
- 0
- Contract Services
- 0
- Gas/Electric
- 0
- Management
- 0
Miscellaneous
- Master Water Meter
- Yes
- Package Available
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Terms
- Cash
- Yes
Security
- None
- Yes
Sold Info
- Seller Concessions
- 0
Property Disclosures
- Unknown
- Yes
Listing Office:
Hartmann Commercial Real Estate LLC
Last Updated: April - 22 - 2026
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