928 E 6Th Street, Tucson, AZ 85719 (MLS# 21405647)

$1,450,000

928 E 6Th Street
Tucson, AZ 85719
MLS# 21405647
Status: Closed
5534 sqft

1 / 11

Property Description
Gorgeously Remodeled Student Housing Group Home located across the Street from UofA Campus! Property leased through 7/2015! Property completely remodeled in Spring of 2011 with two new kitchens, 10 new bathrooms, all new hardwood and tile floors! Please view pictures and virtual tour. Serious investors only please. Amazing cashflow! Please do not disturb tenants or trespass onto property. One of the Members of the Seller is licensed to sell real estate in Arizona.

Details

Maps

Address Information

Country: USA

Street #: 928

Direction: E

Street Name: 6Th

Suffix: Street

State/Province: AZ

Zip Code: 85719

County: Pima

Location, Tax & Legal

Tax Year: 2013

Taxes: 6702

Assessments: 0

Legal Description: BUELLS LOT 11 & 12 BLK 19 EXC N5.4′

Township: 14

Community: None

Range: 14

Section: 7

Municipality/Zoning: Tucson – R3

Fire Protection: Included in Taxes

Tax Code: 124-05-226B

Area: Central

Subdivision: Buells

Contract Information

Distressed Info: None

Current Price: $1,450,000

Sold Price: $1,450,000

Listing Date: 2014-02-03

Status: Closed

Status Change Info

Off Market Date: 2014-02-21

Sold Price/SqFt: 262.02

Lot Sz Sold Prc/SqFt: 85.35

How Sold: Conventional

Pending Date: 2014-03-14

Sold Date: 2014-03-27

Sold Price: $1,450,000

Showing Information

Directions: From Speedway and Euclid. South to 6th Street. East to address. Access to Parking lot off of back alley.

General Property Information

Dwelling Type: Duplex

Lot Dimensions: 96 X 175

Lot Acres: 0.39

Lot Sqft: 16988

Lot Size Source: Assessor

List Price/SqFt: 262.02

Lot Size Price/SqFt: 85.35

Combined SqFt: 5534

Year Built: 1938

Unit Info

Avg Mo Rent/Studios: 0

Avg Mo Rent/1 BR: 0

Avg Mo Rent/2 BR: 0

Avg Mo Rent/3 BR: 0

# of Units/Other: 2

Avg Mo Rent/Other: 14875

Income

Vacancy Loss: 0

Other Income: 0

Adjusted Gross: 178500

Total Expenses: 39080

Gross Scheduled Rent: 178500

Net Opp Income: 139420

Analysis

Gross Rent Multi: 8.12

Vacancy Rate %: 0

Exp/SqFt: 7.06

Exp % of Gross: 21.89

Cap Rate %: 9.62

Expenses

Admin Expenses: 607

Capital Expenses: 0

Contract Services: 1740

Figures Presented: Actual

Gas/Electric: 0

Insurance: 3914

Maintenance Supplies: 5387

Management: 17850

Resident Manager: 0

Taxes/Assessments: 6702

Water/Sewer: 0

Other Expenses: 2880

Sewer

Connected: 1

Water

Public: 1

Main Cooling

Zoned: 1

Main Heating

Forced Air: 1

Natural Gas: 1

Interior Features

Interior Steps: Yes

Terms

Cash: 1

Conventional: 1

Security

Window Bars: 1

Property Disclosures

Unknown: 1

Miscellaneous

Package Available: Yes

Remarks Misc

Geo Lat: 32.227393

Geo Lon: -110.956965

Property Features

Main Cooling: Zoned

Main Heating: Forced Air; Natural Gas

Sewer: Connected

Water: Public

Security: Window Bars

Terms: Cash; Conventional

Property Disclosures: Unknown

Listing Office: Tucson Integrity Realty, LLC

Last Updated: December – 08 – 2024

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