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3028 N Geronimo Ave Includes:

  • Concrete Block Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Water Metered Seperately
  • Laundry Hookup
  • Covered Parking
  • Central Evaportive Cooling
  • Sewer Connected
  • City Water
  • Actual Figures Presented
  • Combo Heating
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$2,833$2,692$2,550$2,267$1,983$1,700
6%$2,992$2,842$2,693$2,393$2,094$1,795
6.5%$3,154$2,996$2,839$2,523$2,208$1,892
7%$3,320$3,154$2,988$2,656$2,324$1,992
7.5%$3,489$3,315$3,140$2,791$2,442$2,093
8%$3,661$3,478$3,295$2,929$2,563$2,197

Remarks: 36,000 sqft Lot Room to build 10-12 more Very active rntal area- New Fence in 06-cost $6224 New water pipes in 07-cost $9800 New! Gas line in 06 cost $1438. Land in rear of lot for a total of 24 apts.

Directions: Ft Lowell & Geronimo -So. to 3028 Geronimo

  
3028 N Geronimo Ave
Tucson, Arizona 85705

Map

Central Tucson

Coronado Heights

Property SubtypeApartment
Number of Units8
1 Br Units2
2 Br Units6
Year Built 1963
Square Feet 6046
Lot Square Feet 36155
Stories 1
ZoningTucson - 03
Tax Year2007
Capitalization Rate0.081
Gross Rent Multiplier10.34
 
Gross Income: 
Avg 1 Br Rent$435/Mo
Avg 2 Br Rent$525/Mo
Gross Scheduled Rents$48,240/Yr $4,020/Mo
 
Expenses: 
Capital Expenses$9800/Yr
Gas & Electric$237/Yr
Taxes$3862/Yr
Insurance$1200/Yr
Maintenance & Supplies$100/Yr
Water and Sewer$2244/Yr
Total Expenses$17,443/Yr $1,454/Mo
 
Net Income: 
Net Income$30,797/Yr $2,566/Mo
 
listed by:
Long Realty Company

list price: $499,000




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