1114 E Adams Street

    Tucson, AZ 85719
    • $1,700,000
    • STATUS: Active
    • ID#: 21920673
    $1,700,000
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,733
      SQFT
    • $297
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1966
    County:
    Area:

    School Ratings & Info

    Courtesy of Long Realty Company.

    Description

    NEXT DOOR TO THE JUST COMPLETED U OF A NEW HONORS VILLAGE CAMPUS AND DORMS https://www.honors.arizona.edu/honors-villageAND JUST A COUPLE OF BLKS FROM THE U OF A MEDICAL SCHOOL/CAMPUS.AT U OF A. THIS 5 UNIT COMPLEX IS COMPOSED OF 3 BEDROOM 2 BATH UNITS. ALL UNITS RENTED FOR $1,975 PER MONTH.. PROPERTY HAS HAD A GUT REHAB WITH 5 NEW WATER METERS(SO NO UTILITY EXPENSES), CORRUGATED METAL SIDING, NEW ROOFS, KITCHENS, WASHERS/DRYERS, A/C UNITS WITH EXPOSED SPIRAL DUCTING, PRIVATE FENCED REAR YARDS, ETC. SEE PHOTOS. RENTS CUIRRENTLY ARE AT $1.72 PER SF AND AVERAGE RENTS IN THE AREA ARE $1.83 PER SFR OR $2,100 PER UNIT. SO GREAT UPSIDE

    Monthly Payment Calculator



    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-09-17T00:06:29.203.
    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 Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.thelocalrealestategroup.com/homes/97665488

    1114 E Adams Street Tucson, AZ 85719

    • Price: $1,700,000
    • Status: Active
    • ID#: 21920673
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    5,733
    SQFT
    $297
    $/SQFT
    1966
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    NEXT DOOR TO THE JUST COMPLETED U OF A NEW HONORS VILLAGE CAMPUS AND DORMS https://www.honors.arizona.edu/honors-villageAND JUST A COUPLE OF BLKS FROM THE U OF A MEDICAL SCHOOL/CAMPUS.AT U OF A. THIS 5 UNIT COMPLEX IS COMPOSED OF 3 BEDROOM 2 BATH UNITS. ALL UNITS RENTED FOR $1,975 PER MONTH.. PROPERTY HAS HAD A GUT REHAB WITH 5 NEW WATER METERS(SO NO UTILITY EXPENSES), CORRUGATED METAL SIDING, NEW ROOFS, KITCHENS, WASHERS/DRYERS, A/C UNITS WITH EXPOSED SPIRAL DUCTING, PRIVATE FENCED REAR YARDS, ETC. SEE PHOTOS. RENTS CUIRRENTLY ARE AT $1.72 PER SF AND AVERAGE RENTS IN THE AREA ARE $1.83 PER SFR OR $2,100 PER UNIT. SO GREAT UPSIDE
    Exterior Features

    Construction Concrete Block Fence Block Landscape Front Low Care Landscape Rear Low Care Parking Free Road Type Paved Roof Built-Up

    Interior Features

    Main Cooling Ac Central Main Heating Forced Air - Gas Space Information Ceiling Height 10Ft Water Heater Natural Gas

    Property Features

    Analysis Cap Rate Percent 5.96 Analysis Exp Percent Of Gross 14.48 Analysis Exp Sqft 2.99 Analysis Gross Rent Multi 14.35 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Captial Expenses 1000.00 Expenses Contract Services 0.00 Expenses Figures Presented Proforma Expenses Gas Electric 0.00 Expenses Insurance 1000.00 Expenses Maintenance Supplies 2500.00 Expenses Management 8640.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 4021.00 Expenses Water Sewer 0.00 Fema Flood Zone No Fenced Storage Yes Fire Protection Included in Taxes Gas Natural Income Adjusted Gross 118500.00 Income Gross Scheduled Rent 118500.00 Income Net Opp Income 101339.00 Income Other Income 0.00 Income Total Expenses 17161.00 Income Vacancy Loss 0.00 Lot Dimensions 120X150 Lot Features Adjacent To Alley Lot Sqft 18000.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Tucson - R3 Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2018 Taxes 4020.97 Terms Cash Total Parking 15 Water City

    Listing provided courtesy of Long Realty Company. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-09-17T00:06:29.203.
    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 Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    The Local Real Estate Group | Realty Executives
    6760 N Oracle Road Suite 130
    Tucson AZ, 85704
    Courtesy of Long Realty Company.