1409-1429 E Drachman Street, Tucson, AZ 85719 (MLS# 21700513)

$1,250,000

1409-1429 E Drachman Street
Tucson, AZ 85719
MLS# 21700513
Status: Closed
8629 sqft

1 / 3

Property Description
2 triplexes all 2 bedroom and 1 bath. and a 5 bedroom house surrounding a pool and inside a walled area. next to the UMC and a few blocks from the University of Arizona campus

Details

Maps

Address Information

Country: USA

Street #: 1409-1429

Direction: E

Street Name: Drachman

Suffix: Street

State/Province: AZ

Zip Code: 85719

County: Pima

Location, Tax & Legal

Tax Year: 2016

Taxes: 2784.75

Assessments: 16540

Legal Description: Plumer & Stewards NO 2 LOT 2 BLK 7; Plumer & Stewards NO 2 LOT 3 BLK 7; Plumer & Stewards NO 2 LOT 4 BLK 7

Township: 14

Community: None

Range: 14

Section: 6

Municipality/Zoning: Tucson – R2

Fire Protection: Included in Taxes

Tax Code: 123-17-2030

Area: Central

Subdivision: Plumer & Steward Add 2

Contract Information

Distressed Info: None

Current Price: $1,250,000

Sold Price: $1,250,000

Listing Date: 2016-12-22

Status: Closed

Status Change Info

Off Market Date: 2017-01-05

Sold Price/SqFt: 144.86

Lot Sz Sold Prc/SqFt: 55.56

How Sold: Cash Owner Carryback

Pending Date: 2017-02-12

Sold Date: 2017-02-16

Sold Price: $1,250,000

Showing Information

Directions: From Speedway and Mountain. N to Drachman. E to address located on N side of road between Highland and Vine.

General Property Information

Lot Dimensions: 150×150 (3 lots of 50×150)

Lot Acres: 0.52

Lot Sqft: 22500

Lot Size Source: Assessor

List Price/SqFt: 144.86

Lot Size Price/SqFt: 55.56

Combined SqFt: 8629

Year Built: 1952

Unit Info

Avg Mo Rent/Studios: 0

Avg Mo Rent/1 BR: 0

# of Units/2 BR: 6

Avg Mo Rent/2 BR: 917

Avg Mo Rent/3 BR: 0

# of Units/Other: 1

Avg Mo Rent/Other: 2350

Income

Vacancy Loss: 0

Other Income: 8426.51

Adjusted Gross: 108432.34

Total Expenses: 41090.99

Gross Scheduled Rent: 100005.83

Net Opp Income: 67341.35

Analysis

Gross Rent Multi: 11.53

Vacancy Rate %: 0

Exp/SqFt: 4.76

Exp % of Gross: 37.9

Cap Rate %: 5.39

Expenses

Admin Expenses: 4243.65

Capital Expenses: 4413.99

Contract Services: 0

Figures Presented: Actual

Gas/Electric: 651.35

Insurance: 3960.81

Maintenance Supplies: 740.84

Management: 10105.5

Resident Manager: 0

Taxes/Assessments: 7426.06

Water/Sewer: 6240.16

Other Expenses: 3308.63

Sewer

Connected: 1

Water

Public: 1

Main Cooling

Central Air: 1

Main Heating

Forced Air: 1

Natural Gas: 1

Terms

Cash: 1

Conventional: 1

Owner Carry: 1

Security

None: 1

Sold Info

Seller Concessions: 0

Property Disclosures

Unknown: 1

Remarks Misc

Geo Lat: 32.239886

Geo Lon: -110.950898

Property Features

Main Cooling: Central Air

Main Heating: Forced Air; Natural Gas

Sewer: Connected

Water: Public

Security: None

Terms: Cash; Conventional; Owner Carry

Property Disclosures: Unknown

Listing Office: Keller Williams Southern Arizona

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.

Community Golf Course Homes