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1029 E Spring St Includes:

  • Concrete Block Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Water Metered Seperately
  • Interior Steps
  • Laundry Hookup
  • Covered Parking
  • Combo AC
  • Central Evaportive Cooling
  • Sewer Connected
  • City Water
  • Proforma Figures Presented
  • Forced Air Gas Heating
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$1,476$1,402$1,328$1,181$1,033$885
6%$1,558$1,480$1,402$1,247$1,091$935
6.5%$1,643$1,561$1,478$1,314$1,150$986
7%$1,729$1,643$1,556$1,383$1,210$1,037
7.5%$1,817$1,726$1,636$1,454$1,272$1,090
8%$1,907$1,812$1,716$1,526$1,335$1,144

Remarks: Well maintained 1960 Duplex with Very Nice 1949 3 br/2ba house for sale together on adjoining lots. Easy to rent at market rates. Duplex features large one bedroom units with Evap cooling. House features nearly new a/c-gas pack. Do not disturb occupants in duplex or house. Carport straddles lot line between the two properties. Owner can carryback!!!

Directions: Grant/Park North to Spring, East to Address

  
1029 E Spring St
Tucson, Arizona 85719

Map

Central Tucson

Patterson

Property SubtypeTri-Plex
1 Br Units2
3 Br Units1
Year Built 1960
Square Feet 2700
Lot Square Feet 10695
Stories 1
ZoningTucson - R2
Tax Year2006
Capitalization Rate0.056
Gross Rent Multiplier12.56
 
Gross Income: 
Avg 1 Br Rent$450/Mo
Avg 3 Br Rent$900/Mo
Gross Scheduled Rents$21,600/Yr $1,800/Mo
Vacancy Loss-$900/Yr
Adjusted Gross Income$20,700/Yr$1,725/Mo
 
Expenses: 
Taxes$2636/Yr
Insurance$1006/Yr
Management$2070/Yr
Water and Sewer$548/Yr
Total Expenses$6,260/Yr $522/Mo
 
Net Income: 
Net Income$14,440/Yr $1,203/Mo
 
listed by:
Rincon Realty & Investments

list price: $259,900




Information Deemed Reliable But Not Guaranteed

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