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2616 N Park Ave Includes:

  • Concrete Block Construction
  • 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%$1,845$1,753$1,661$1,476$1,292$1,107
6%$1,949$1,851$1,754$1,559$1,364$1,169
6.5%$2,054$1,952$1,849$1,643$1,438$1,233
7%$2,162$2,054$1,946$1,730$1,514$1,297
7.5%$2,272$2,159$2,045$1,818$1,591$1,363
8%$2,385$2,265$2,146$1,908$1,669$1,431

Remarks: Close to everything, U of A area, four one bedroom one bath units, three with tennants all occupied. Exellent income opportunity, very rentable, appliances stay.

Directions: Grant to Park Ave. North to address.

  
2616 N Park Ave
Tucson, Arizona 85719

Map

Central Tucson

Property SubtypeFourplex
1 Br Units4
Year Built 1974
Square Feet 2332
Acres1
Stories 1
ZoningTucson - R3
Tax Year2007
Capitalization Rate0.060
Gross Rent Multiplier15.33
 
Gross Income: 
Avg 1 Br Rent$450/Mo
Gross Scheduled Rents$21,600/Yr $1,800/Mo
Vacancy Loss-$400/Yr
Adjusted Gross Income$21,200/Yr$1,767/Mo
 
Expenses: 
Gas & Electric$100/Yr
Taxes$1619/Yr
Water and Sewer$40/Yr
Total Expenses$1,759/Yr $147/Mo
 
Net Income: 
Net Income$19,441/Yr $1,620/Mo
 
listed by:
Rincon Realty & Investments

list price: $325,000




Information Deemed Reliable But Not Guaranteed

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