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1223 N 1st Ave Includes:

  • Combo Construction
  • Interior Steps
  • Laundry Facilities
  • Combo AC
  • Sewer Connected
  • City Water
  • Proforma Figures Presented
  • Forced Air Gas Heating
  • Fence
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$2,811$2,670$2,530$2,248$1,967$1,686
6%$2,968$2,819$2,671$2,374$2,077$1,781
6.5%$3,129$2,972$2,816$2,503$2,190$1,877
7%$3,293$3,129$2,964$2,635$2,305$1,976
7.5%$3,461$3,288$3,115$2,769$2,423$2,077
8%$3,632$3,451$3,269$2,906$2,542$2,179

Remarks: Excellent U of A location! 4BR 1st floor. 3BR 2nd Floor and a 2BR guest house. Upstairs unit has its own entrance. 1 Block north from Speedway.

Directions: From Euclid and Speedway - West to 1st Ave - North to property.

  
1223 N 1st Ave
Tucson, Arizona 85719

Map

Central Tucson

Feldmans

Property SubtypeCombination
Number of Units3
2 Br Units1
3 Br Units1
Other Units1
Year Built 1911
Square Feet 2323
Lot Square Feet 9529
Stories 2
ZoningTucson - R1
Tax Year2006
Capitalization Rate0.057
Gross Rent Multiplier15.18
 
Gross Income: 
Avg 2 Br Rent$720/Mo
Avg 3 Br Rent$1100/Mo
Avg Other Rent$1200/Mo
Gross Scheduled Rents$36,240/Yr $3,020/Mo
Vacancy Loss-$3624/Yr
Adjusted Gross Income$32,616/Yr$2,718/Mo
 
Expenses: 
Gas & Electric$1835/Yr
Insurance$2100/Yr
Water and Sewer$655/Yr
Total Expenses$4,590/Yr $383/Mo
 
Net Income: 
Net Income$28,026/Yr $2,336/Mo
 
listed by:
Coldwell Banker Residential Brokerage

list price: $495,000




Information Deemed Reliable But Not Guaranteed

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