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For more information on this property, contact Michael Bohlman at 480-797-3800 or mbohlman@outlook.com

2562 E SEQUOYAH Street
Tucson, Arizona AZ 85716-2120
Sold For: $435,000
Listing ID 6415073
Status Closed
Year Built 1976

Property Description:

Triplex, great central location near Tucson Blvd & Grant Roads. Very well maintained by the same owner of forty two years, no deferred maintenance. All units are 2/1 floor plans, 865 sq ft each and include: off street parking, central AC/heat, ceramic or vinyl plank flooring, eat in kitchen, walk in closets, separate storage rm. and private fenced back yard. The property includes coin op laundry machines (just purchased new) for extra income and additional parking in the rear of the lot. Tenants pay a monthly water fee in addition to rent. All three units currently leased. Rents are below market and can easily be increased without any improvements to the property. Roof recently re-coated, two water heaters and one AC unit recently replaced. Additional information under documents tab.

Primary Features

County: Pima
Property Type: Multiple Dwellings
Subdivision: GRANT ROAD PARK 2
Year Built: 1976
Zoning: R2

Interior

2 Bedroom Units # Baths: 1
2 Bedroom Units Avg SqFt: 865
Cooling: Central A/C
Cooling: yes
Heating: Other
Heating: yes

Location

Community Features: No Pool
Country: US
Directions: Glenn and Tucson Blvd, south to Sequoyah, east to property
Elementary School District: Out of Area
General Property Description Elementary School District2: Out of Area
General Property Description High School District: Out of Area
High School District: Out of Area
Postal City: Tucson
Township: 13
Water Source: City Franchise

External

Attached Garage: no
Construction Materials: Painted, Block
Electric: City Electric
General Property Description # of Buildings: 1
General Property Description Lot Size Dimensions: 100x110
General Property Description Total # of Units: 3
General Property Description Uncvrd Parking Spcs: 12
Lot Size Dimensions: 100x110
Number Of Buildings: 1
Number Of Units Total: 3
Open Parking Spaces: 12
Parking Features: RV/Boat Parking, Add'l Parking Avail, >1 Space Per Unit
Parking Total: 12
Road Surface Type: Asphalt
Roof: Built-Up
Sewer: Public Sewer

Additional

Buyer Agency Compensation: 3.00
Mls Status: Closed
Public Survey Range: 14
Public Survey Section: 32

Financial

2 Bedroom Units Avg Rent: 799
Cap Rate: 5.25
Disclosures: Other (See Remarks)
Gross Income: 30310.56
Gross Scheduled Income: 28368
Insurance Expense: 960
Listing Terms: Conventional
Maintenance Expense: 2400
Net Operating Income: 22030
Operating Expense: 8367
Tax Annual Amount: 2847
Tax Block: 007
Tax Book Number: 112.00
Tax Lot: 00010
Tax Year: 2021
Tenant Pays: See Remarks
Water Sewer Expense: 2160

Zoning Info


Contact - Listing ID 6415073

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Michael Bohlman

2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800

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