3620 W Goret Road

    Tucson, AZ 85745
    • $290,000
    • STATUS: Active
    • ID#: 21820512
    Price Reduced
    UPDATED: 195 min ago
    $290,000
    • 0
      BEDS
    • 3.47
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,539
      SQFT
    • $64
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1943
    County:
    Area:

    School Ratings & Info

    Courtesy of Keller Williams Southern Arizona.

    Description

    1 Four-Plex built in 1943 (3,065 SF) & 2 Single-Family Residences (built in 1960, 714 SF, & 1965, 760 SF). The Four-Plex units are all 1-bed/1-bath rented at $550/mo; both SFRs are 2-bed/1-bath rented at $625/mo. $3,450 gross income per month or $41,400 per year. Expenses are estimated at 40%. Net Income just under $25k with a cap rate of 8.28% at $300k; $50k/unit. Utilities included in rents with $4968 in annual utility expenses.

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    © 2018 MLS of Southern Arizona. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Tucson Elite. Data last updated: 2018-12-17T00:06:47.91.
    www.gatewayagent.com/homes/86047318

    3620 W Goret Road Tucson, AZ 85745

    • Price: $290,000
    • Status: Active
    • Updated: 195 min ago
    • ID#: 21820512
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.47
    Acres
    4,539
    SQFT
    $64
    $/SQFT
    1943
    Built
    Neighborhood:
    West
    County:
    Pima
    Area:
    West
    Property Description
    1 Four-Plex built in 1943 (3,065 SF) & 2 Single-Family Residences (built in 1960, 714 SF, & 1965, 760 SF). The Four-Plex units are all 1-bed/1-bath rented at $550/mo; both SFRs are 2-bed/1-bath rented at $625/mo. $3,450 gross income per month or $41,400 per year. Expenses are estimated at 40%. Net Income just under $25k with a cap rate of 8.28% at $300k; $50k/unit. Utilities included in rents with $4968 in annual utility expenses.
    Exterior Features

    Construction Other Fence None Landscape Front Natural Desert Landscape Rear Natural Desert

    Interior Features

    Main Heating Forced Air - ElecForced Air - Gas Space Information Ceiling Height 8Ft

    Property Features

    Analysis Cap Rate Percent 8.28 Analysis Exp Percent Of Gross 40.00 Analysis Gross Rent Multi 7.25 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Country Usa Electric Master Meter Yes Expenses Figures Presented Actual Expenses Gas Electric 2500.00 Expenses Insurance 550.00 Expenses Maintenance Supplies 4140.00 Expenses Other Expenses 1620.00 Expenses Taxes Assessments 3472.00 Expenses Water Sewer 1190.00 Fenced Storage No Fire Protection Included in Taxes Freeway Highway Over 5.1 Miles Income Gross Scheduled Rent 41400.00 Income Net Opp Income 24840.00 Income Vacancy Loss 0.00 Lot Dimensions 190X712x517 Lot Sqft 151035.59 Multi Tenant Yes Municipality Zoning Pima County - Sr Property Disclosures Lead Based Paint Property Features Interior Steps Property Sub Type Apartment Security None Sewer Septic Short Sale No Source Of Sqft Assessor Tax Year 2017 Taxes 3111.17 Terms CashConventional Traffic Count Unknown Water City

    Listing provided courtesy of Keller Williams Southern Arizona. Listing information © 2018 MLS of Southern Arizona.




    © 2018 MLS of Southern Arizona. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Tucson Elite. Data last updated: 2018-12-17T00:06:47.91.
     
    Realty Executives Tucson Elite
    6760 N Oracle Road #130
    Tucson AZ, 85704
    Courtesy of Keller Williams Southern Arizona.