4046 E Fairmount, Tucson, AZ 85712 (MLS# 2507397)

$1,500,000

4046 E Fairmount
Tucson, AZ 85712
MLS# 2507397
Status: Closed
13440 sqft

1 / 1

Property Description
Beautiful 3-yr old units + individual metering for water, gas + elec. = low expenses. All 3BR, 2BA w/ceramic tile floors in all areas except bedrooms, washer + dryer hookups, balconies or covered porches, ceiling fans in all BRs, gas furnace + AC units + covered parking. Gross scheduled rents based on Rent Roll. Do Not Talk to or disturb tenants. 3 separate parcels for better financing includes 4038 + 4042 E Fairmount.

Details

Maps

Address Information

Country: USA

Street #: 4046

Direction: E

Street Name: Fairmount

State/Province: AZ

Zip Code: 85712

County: Pima

Location, Tax & Legal

Tax Year: 2004

Taxes: 10158

Assessments: 0

Legal Description: Speedway No 1 (Long legal – multiple parcels)

Township: 14

Community: None

Range: 14

Section: 3

Municipality/Zoning: Tucson – R2

Fire Protection: Included in Taxes

Tax Code: 122-13-100A

Area: Central

Subdivision: Speedway Addition NO. 1

Status Change Info

Off Market Date: 2005-05-12

Sold Price/SqFt: 111.6

Lot Sz Sold Prc/SqFt: 42.73

How Sold: Conventional

Pending Date: 2005-05-04

Sold Date: 2005-05-12

Sold Price: $1,500,000

Showing Information

Directions: N- on Alvernon from Speedway E- Fairmount

General Property Information

Dwelling Type: Quadruplex

Lot Dimensions: 120 x 293

Lot Acres: 0.81

Lot Sqft: 35100

Lot Size Source: Assessor

List Price/SqFt: 122.77

Lot Size Price/SqFt: 47

Combined SqFt: 13440

Year Built: 2002

Unit Info

# of Units/3 BR: 12

Avg Mo Rent/3 BR: 869

Income

Adjusted Gross: 120900

Total Expenses: 28559

Gross Scheduled Rent: 120900

Net Opp Income: 92341

Analysis

Gross Rent Multi: 13.64

Exp/SqFt: 2.12

Exp % of Gross: 23.62

Cap Rate %: 5.59

Construction

Frame – Stucco: 1

Expenses

Contract Services: 1119

Gas/Electric: 1212

Insurance: 3942

Maintenance Supplies: 7001

Taxes/Assessments: 10113

Water/Sewer: 621

Other Expenses: 4551

Sewer

Connected: 1

Water

Public: 1

Main Cooling

Central Air: 1

Main Heating

Forced Air: 1

Natural Gas: 1

Interior Features

Interior Steps: No

Terms

Conventional: 1

Security

None: 1

Sold Info

Financing: 1

Seller Paid Repairs: 1650

Property Disclosures

Military Airport Vct: 1

Miscellaneous

Master Elec Meter: No

Master Gas Meter: No

Master Water Meter: No

Package Available: Yes

Contract Information

Current Price: $1,500,000

Sold Price: $1,500,000

Listing Date: 2005-03-21

Status: Closed

Remarks Misc

Geo Lat: 32.239044

Geo Lon: -110.906127

Property Features

Construction: Frame – Stucco

Main Cooling: Central Air

Main Heating: Forced Air; Natural Gas

Sewer: Connected

Water: Public

Security: None

Terms: Conventional

Property Disclosures: Military Airport Vct

Sold Info: Financing

Listing Office: Schulte Company

Last Updated: October – 26 – 2024

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