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3726 E Pima St Includes:

  • Frame Stucco Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Water Metered Seperately
  • City Water
  • Proforma Figures Presented
  • Fire Protection Included
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: 42,568 sqft of R2 vacant central infill land on 4 separate tax codes. Great rental area. Homes in immediate area are selling for $200,000. Architects says anywhere from 10-12 units can be built residential. Do not disturb or engage tenants. Enter westside drive. Long bldg to East is rented for $125 for storage. Seller could allow funds for demolition of these bldg when buyer is ready.xref MLS 20821171 Res/Incm

Directions: From Alvernon West on Pima to 3740 E. Pima access from westside driveway. Pink bldgs with grassy courtyard between 2 rows of separate sfr's.

  
3726 E Pima St
Tucson, Arizona 85716

Map

Central Tucson

Speedway

Property SubtypeApartment
Number of Units10
2 Br Units10
Year Built 2009
Square Feet 9500
Lot Square Feet 42568
Stories 1
ZoningTucson - R2
Tax Year2006
Capitalization Rate0.285
Gross Rent Multiplier3.07
 
Gross Income: 
Avg 2 Br Rent$800/Mo
Gross Scheduled Rents$96,000/Yr $8,000/Mo
Vacancy Loss-$2/Yr
Adjusted Gross Income$95,998/Yr$8,000/Mo
 
Expenses: 
Contract Services$2500/Yr
Taxes$6000/Yr
Insurance$1800/Yr
Maintenance & Supplies$1500/Yr
Total Expenses$11,800/Yr $983/Mo
 
Net Income: 
Net Income$84,198/Yr $7,017/Mo
 
listed by:
Ann Carlson Realty

list price: $295,000




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