127 N 1st Avenue, 129, Tucson, AZ 85719 (MLS# 2504315)

$187,000

127 N 1st Avenue, 129
Tucson, AZ 85719
MLS# 2504315
Status: Closed
1788 sqft

1 / 3

Property Description
IRON HORSE TRI-PLEX – SMALL BUT SWEET! PERFECT FOR FIRST TIME INCOME PROPERTY BUYER, OR SAVY OWNERS OF MULTIPLE UNITS. MAIN DUPLEX APPEARS TO BE ADOBE WHILE 2 ROOM STUDIO APARTMENT IS MASONARY STUCCO. YOU CAN EXPECT THE CHARM OF A HISTORIC STRUCTURE WITH SOME UPDATING TO DO DOWN THE LINE. DO THE UPGRADES LATER AND REAP THE BENEFITS! THE TWO BEDROOM UNITS ARE RAILROAD STYLE (WALKTHRU ONE BEDROOM TO GET TO THE OTHER) IT’S TYPICAL FOR THE AREA!

Details

Maps

Documents

Address Information

Street #: 127

Direction: N

Street Name: 1st

Suffix: Avenue

Apt/Unit #: 129

State/Province: AZ

Zip Code: 85719

County: Pima

Country: USA

Location, Tax & Legal

Tax Code: 117-06-1280

Tax Year: 2004

Taxes: 1639

Legal Description: TUCSON S52′ OF LOT 0004 BLK 087.

Area: Central

Subdivision: Tucson

Township: 14

Range: 13

Section: 12

Municipality/Zoning: Tucson – C3

Fire Protection: Included in Taxes

Community: None

Contract Information

Current Price: $187,000

Sold Price: $187,000

Listing Date: 2005-02-16

Status: Closed

Co-Op Fee: 3%

Status Change Info

Off Market Date: 2005-04-22

Pending Date: 2005-04-20

Sold Date: 2005-04-22

Sold Price: $187,000

Sold Price/SqFt: 104.58

Lot Sz Sold Prc/SqFt: 39.08

How Sold: Conventional

Showing Information

Directions: 4TH AVE & 9TH–GO EAST TO 1ST AVE-SOUTH TO PROPERTY. NOTE: SNAKE BRIDGE PARK IS AT END OF STREET!

General Property Information

Dwelling Type: 3 Plex

Lot Dimensions: 52′ x 92′

Lot Acres: 0.11

Lot Sqft: 4784

Lot Size Source: Assessor

Combined SqFt: 1788

Year Built: 1921

List Price/SqFt: 111.3

Lot Size Price/SqFt: 41.59

Remarks & Misc

Geo Lat: 32.223393

Geo Lon: -110.961221

Unit Info

# of Units/Studios: 1

Avg Mo Rent/Studios: 475

# of Units/2 BR: 2

Avg Mo Rent/2 BR: 425

Analysis

Gross Rent Multi: 150.18

Exp/SqFt: 2.12

Exp % of Gross: 287.39

Income

Gross Scheduled Rent: 1325

Adjusted Gross: 1325

Total Expenses: 3808

Net Opp Income: -2483

Expenses

Insurance: 549

Management: 1320

Taxes/Assessments: 1639

Water/Sewer: 300

Interior Features

Interior Steps: No

Miscellaneous

Master Elec Meter: No

Master Gas Meter: No

Master Water Meter: Yes

Package Available: No

Property Features

Main Cooling: Wall Unit(s)

Sewer: Connected

Water: City Water

Security: None

Terms: Conventional

Property Disclosures: Military Airport Vct

Sold Info: Financing

Listing Documents

Lead Paint Discl

Listing Office: Long Realty Company

Last Updated: April – 11 – 2018

127 N 1st Avenue, 129, Tucson, AZ 85719 - MLS# 2504315

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