1640 N Belvedere Avenue, 1642, Tucson, AZ 85712 (MLS# 20804192)

$185,000

1640 N Belvedere Avenue, 1642
Tucson, AZ 85712
MLS# 20804192
Status: Closed
1239 sqft

View of Front - pathways lead to 2 bedroom unit first and then to the 1 bedroom loft.

1 / 9

Two covered and two uncovered parking spaces. Locked gate leads to units.

Backyard of 1 bedroom loft. Private patio and closet area has laundry hookup. Pathway leads along side the unit.

Private backyard of 2 bedroom unit - gate leads to front parking area.

Main living area of 2 bedroom looking towards kitchen. Raised ceilings with window allows a lot of light to filter in.

Property Description
Located near UofA and Medical Ctr. Convenient to shopping & mass transit. 1642 is 1 Bdrm Loft – 540sf w/ wall A/C, rent $525. 1640 is 2Bdrm – 950sf w a/c, rent $675. Covered parking,fenced yard. Newly painted exterior, newer carpet, A/C replaced approx. 6 yrs ago. Electricity separately metered. Water is shared. Unit 1642 rented through Feb 09 – unit 1640 available. Buy now – live in one unit and collect rent on the other!

Details

Maps

Address Information

Street #: 1640

Direction: N

Street Name: Belvedere

Suffix: Avenue

Apt/Unit #: 1642

State/Province: AZ

Zip Code: 85712

County: Pima

Country: USA

Location, Tax & Legal

Tax Code: 122-12-3540

Tax Year: 2008

Taxes: 1295

Legal Description: Chesserfield Lot 4

Area: Central

Subdivision: Chesserfield (1-4)

Township: 14

Range: 14

Section: 3

Municipality/Zoning: Tucson – R2

Fire Protection: Included in Taxes

Community: None

Contract Information

Current Price: $185,000

Sold Price: $185,000

Listing Date: 2008-01-24

Status: Closed

Co-Op Fee: 3%

Variable Commission: 1

Status Change Info

Off Market Date: 2008-07-24

Pending Date: 2008-07-17

Sold Date: 2008-07-24

Sold Price: $185,000

Sold Price/SqFt: 149.31

Lot Sz Sold Prc/SqFt: 32.67

How Sold: Conventional

Showing Information

Directions: Speedway/Swan west, north on Belvedere to address on right.

General Property Information

Dwelling Type: 2 Plex

Lot Dimensions: Unknown

Lot Acres: 0.13

Lot Sqft: 5663

Lot Size Source: Other

Combined SqFt: 1239

Year Built: 1980

List Price/SqFt: 157.38

Lot Size Price/SqFt: 34.43

Remarks & Misc

Geo Lat: 32.242583

Geo Lon: -110.896935

Unit Info

# of Units/1 BR: 1

Avg Mo Rent/1 BR: 525

# of Units/2 BR: 1

Avg Mo Rent/2 BR: 675

Analysis

Cap Rate %: 5.35

Gross Rent Multi: 13.54

Exp/SqFt: 3.19

Exp % of Gross: 27.48

Income

Gross Scheduled Rent: 14400

Adjusted Gross: 14400

Total Expenses: 3958

Net Opp Income: 10442

Expenses

Admin Expenses: 377

Gas/Electric: 133

Management: 1004

Taxes/Assessments: 1295

Other Expenses: 1149

Interior Features

Interior Steps: Yes

Miscellaneous

Master Elec Meter: No

Master Gas Meter: No

Master Water Meter: Yes

Package Available: No

Property Features

Construction: Frame – Stucco

Main Heating: Heat Pump

Sewer: Connected

Water: City Water

Security: None

Terms: Conventional

Property Disclosures: Unknown

Sold Info: Financing

Listing Office: Century 21 1st American

Last Updated: April – 11 – 2018

1640 N Belvedere Avenue, 1642, Tucson, AZ 85712 - MLS# 20804192

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