Listing ID6400567
Sold For$305,000
StatusClosed
Sold Date6/28/2022
CountyPima
SubdivisionCollen
Year Built1985
Property TypeMultifamily Residential
Property Sub TypeDuplex
Well maintained duplex located in a good rental area. The property is owner managed and has been well maintained with the water heaters, AC units and roof all replaced approximately 10 years ago. The property is also equipped with sub-meters for the water. The owner has not utilized this feature and pays for the water sewer & trash. one unit is a 2/1 floor plan and one is a 3/1 floor plan. Both units include three off street parking spaces, central AC/Heat, a private rear fenced yard, ceramic tile throughout and a private laundry storage room. There is a separately fenced yard and storage shed used by the owner that could be used for additional income. Rents are below market with long term tenants. Both leases expire May of 2023
County
Pima
Property Sub Type
Duplex
Property Type
Multifamily Residential
Sold Date
2022-06-28T00:00:00+00:00
Sold Price
$305,000
Subdivision
Collen
Year Built
1985
Zoning
R2
2 Bedroom Units
1
2 Bedroom Units: Average SqFt
810
2 Bedroom Units: Number of Baths
1
3 Bedrooms Units
1
3 Bedrooms Units: Average SqFt
810
3 Bedrooms Units: Number of Baths
1
Appliances Included
F/S Oven/Range, Refrigerator
Cooling
Central A/C
Floors
Ceramic Tile
Heating
Electric
Interior Amenities
Drapes, Mini Blinds
Total Units
2
Construction
Frame - Wood
Exterior Amenities
Desert Landscaping, Fenced, Patio/Balcony, Separate Storage
Exterior Finish
Stucco
Lot Size Dimensions
127x69
Parking
>1 Space Per Unit, RV/Boat Parking
Roads/Streets
Asphalt
Roofing
Built-Up
Total Parking Spaces
6
Country
USA
Cross Street
Glenn & Oracle
High School District Number
000 - Out of Area
Lot Number
82
Map Code/Grid
C76
Range
13.0E
School District
000 - Out of Area
Section
35
Township
13.0
Community Amenities
No Pool
Electric
Other (See Remarks)
Entry Timestamp
2022-05-16T14:26:16+00:00
Gas
None
Marketing Name
Collen Subdivision
Owner Association
No
Sewer
Sewer - Public
Sold Info: Closing Cost Split
Normal - N
Sold Info: Loan Type
Conventional
Sold Info: Loan Years
30
Sold Info: Payment Type
Fixed
Water
City Franchise
2 Bedroom Units: Average Rent
775
3 Bedrooms Units: Average Rent
900
Adjusted Gross Income
21000
Annual Insurance Expense
975
Annual Maintenance Expense
1200
Annual Water/Sewer Expense
1775
Contingency Type
No
Financial Data Source
Projected Proforma
Gross Annual Scheduled Income
21000
Net Operating Income
15690
New Financing
Conventional
Operating Expense
5309.28
Owner Pays
Other
Sale Includes
Land & Building
Tax Municipality
Tucson
Taxes
1359.28
Tenant Pays
Other (See Remarks)
Contact - Listing ID 6400567
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
