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190 E East St Includes:

  • Slump Block Construction
  • Laundry Hookup
  • Package Available
  • Central Evaportive Cooling
  • Sewer Connected
  • City Water
  • Proforma Figures Presented
  • Forced Air Gas Heating
  • Fence
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$1,675$1,591$1,507$1,340$1,172$1,005
6%$1,769$1,680$1,592$1,415$1,238$1,061
6.5%$1,865$1,771$1,678$1,492$1,305$1,119
7%$1,963$1,865$1,766$1,570$1,374$1,178
7.5%$2,063$1,960$1,856$1,650$1,444$1,238
8%$2,165$2,056$1,948$1,732$1,515$1,299

Remarks: 8 UNITS TOTAL. FIRST BUILDING BUILT IN 1904 CONSISTS OF 2 STUDIOS AND SINGLE BEDROOM APT. SECOND BUILDING BUILT IN 1996 HAS 5 2 BEDROOM APTS. FIRST BUILDING IS MASTER METERED, SECOND BUILDING INDIVIDUALLY METERED. ALL UNITS CURRENTLY RENTED, RENTS ARE LOW, GREAT INCOME PROPERTY, CLOSE TO SHOPPING. SELLER ALSO OWNS 2 ADJACENT PROPERTIES AND WILL CONSIDER COMBO PACKAGE.

Directions: I-19 S INTO NOGALES, R ON GRAND BLVD, IMMEDIATE L ON PARK ST, L ON MORLEY, R ON EAST ST(PEPE STORE), CONT. TO TOP OF HILL TO ADDRESS.

  
190 E East St
Nogales, Arizona 85621

Map

Santa Cruz Nogales

Property SubtypeCombination
Number of Units8
1 Br Units1
2 Br Units5
Studio Units2
Year Built 1904
Square Feet 5962
Lot Square Feet 17860
Stories 1
ZoningOther - CALL
Tax Year2007
Capitalization Rate0.119
Gross Rent Multiplier7.56
 
Gross Income: 
Avg 1 Br Rent$400/Mo
Avg 2 Br Rent$450/Mo
Avg Studio Rent$300/Mo
Gross Scheduled Rents$39,000/Yr $3,250/Mo
 
Expenses: 
Gas & Electric$1080/Yr
Taxes$2086/Yr
Water and Sewer$720/Yr
Total Expenses$3,886/Yr $324/Mo
 
Net Income: 
Net Income$35,114/Yr $2,926/Mo
 
listed by:
Premier One Realty

list price: $295,000




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