5540 E 26th Street, Tucson, AZ 85711 (MLS# 2320697)

$1,263,000

5540 E 26th Street
Tucson, AZ 85711
MLS# 2320697
Status: Closed
24779 sqft

1 / 2

Property Description
GREAT CASH FLOW POTENTIAL. CLEAN,EASY TO MANAGE UNITS. OWNER COLLECTS MONTHLY WATER BILLS FROM EACH UNIT. OWNER HAS REPLACED POOL PUMP,MOST REFRIDGE W/FROST FREE,STOVES & RECOATED ROOF IN 2002. EXPENSES LOW,CASH FLOW HIGH.

Details

Maps

Documents

Address Information

Country: USA

Street #: 5540

Direction: E

Street Name: 26th

Suffix: Street

State/Province: AZ

Zip Code: 85711

County: Pima

Location, Tax & Legal

Tax Year: 2002

Taxes: 9746

Assessments: 0

Legal Description: CRAYCROFT LOTS 1 & 2 BLOCK 10.

Township: 14

Community: None

Range: 14

Section: 24

Municipality/Zoning: Tucson – R3

Fire Protection: Included in Taxes

Tax Code: 131-09-2140

Area: Central

Subdivision: Craycroft

Status Change Info

Off Market Date: 2004-06-25

Sold Price/SqFt: 50.97

How Sold: Conventional

Pending Date: 2004-06-18

Sold Date: 2004-06-25

Sold Price: $1,263,000

Showing Information

Directions: CRAYCROFT,E-26TH ST TO ADDRESS.

General Property Information

Lot Dimensions: 00

Lot Size Source: Assessor

List Price/SqFt: 52.46

Combined SqFt: 24779

Year Built: 1951

Unit Info

# of Units/Studios: 24

Avg Mo Rent/Studios: 310

# of Units/1 BR: 24

Avg Mo Rent/1 BR: 360

# of Units/2 BR: 4

Avg Mo Rent/2 BR: 500

# of Units/3 BR: 1

Avg Mo Rent/3 BR: 700

Income

Vacancy Loss: 11268

Other Income: 4800

Adjusted Gross: 218892

Total Expenses: 28109

Gross Scheduled Rent: 225360

Net Opp Income: 190783

Analysis

Gross Rent Multi: 5.93

Vacancy Rate %: 5

Exp/SqFt: 1.13

Exp % of Gross: 12.84

Cap Rate %: 14.67

Construction

Slump Block: 1

Expenses

Gas/Electric: 3000

Insurance: 3800

Maintenance Supplies: 5000

Resident Manager: 1200

Taxes/Assessments: 9746

Water/Sewer: 5363

Sewer

Connected: 1

Water

Public: 1

Main Heating

Forced Air: 1

Natural Gas: 1

Interior Features

Interior Steps: No

Terms

Cash: 1

Submit: 1

Security

None: 1

Sold Info

Financing: 1

Property Disclosures

Unknown: 1

Miscellaneous

Master Elec Meter: Yes

Master Gas Meter: No

Master Water Meter: Yes

Package Available: No

Contract Information

Current Price: $1,263,000

Sold Price: $1,263,000

Listing Date: 2003-08-27

Status: Closed

Remarks Misc

Geo Lat: 32.202058

Geo Lon: -110.87381

Property Features

Construction: Slump Block

Main Heating: Forced Air; Natural Gas

Sewer: Connected

Water: Public

Security: None

Terms: Cash; Submit

Property Disclosures: Unknown

Sold Info: Financing

Listing Documents

Lead Paint Discl

Listing Office: Long Realty

Last Updated: October – 25 – 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