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3815 E Lee St Includes:

  • Concrete Block Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Water Metered Seperately
  • Laundry Hookup
  • Package Available
  • Central AC
  • 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%$4,253$4,040$3,827$3,402$2,977$2,552
6%$4,491$4,266$4,042$3,593$3,143$2,694
6.5%$4,734$4,497$4,261$3,787$3,314$2,841
7%$4,983$4,734$4,485$3,986$3,488$2,990
7.5%$5,237$4,975$4,713$4,190$3,666$3,142
8%$5,496$5,221$4,946$4,397$3,847$3,298

Remarks: Super clean, completely updated Townhome Style apartment complex in Central Tucson. This red brick, pitched roof beauty is comprised of 5 duplex buildings that have been condo mapped for easy split. All units have NEW flooring, ceramic tile counter tops, honey stained wood cabinets, appliances, washer/dryer and AC units. The landscaping is extremely attractive and very well maintained.

Directions: From Grant/Alvernon. South on Alvernon to Lee, West on Lee to address.

  
3815 E Lee St
Tucson, Arizona 85716

Map

Central Tucson

Chalet Condos The

Property SubtypeApartment
Number of Units10
1 Br Units10
Year Built 1969
Square Feet 6370
Lot Square Feet 36155
Stories 1
ZoningTucson - R2
Tax Year2007
Capitalization Rate0.052
Gross Rent Multiplier11.49
 
Gross Income: 
Avg 1 Br Rent$590/Mo
Gross Scheduled Rents$70,800/Yr $5,900/Mo
Vacancy Loss-$5625/Yr
Adjusted Gross Income$65,175/Yr$5,431/Mo
 
Expenses: 
Admin Expenses$1431/Yr
Gas & Electric$150/Yr
Taxes$4655/Yr
Insurance$1800/Yr
Maintenance & Supplies$1000/Yr
Management$5550/Yr
Water and Sewer$3600/Yr
Other Expenses$7694/Yr
Total Expenses$25,880/Yr $2,157/Mo
 
Net Income: 
Net Income$39,295/Yr $3,275/Mo
 
listed by:
Sperry Van Ness

list price: $749,000




Information Deemed Reliable But Not Guaranteed

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