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1014 N 7th avenue Includes:

  • Masonry Stucco Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Interior Steps
  • Laundry Facilities
  • Package Available
  • Heat Pump AC
  • Sewer Connected
  • City Water
  • Proforma Figures Presented
  • Forced Air Gas Heating
  • Fence
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$3,776$3,587$3,398$3,021$2,643$2,265
6%$3,987$3,788$3,588$3,190$2,791$2,392
6.5%$4,203$3,993$3,783$3,363$2,942$2,522
7%$4,424$4,203$3,982$3,539$3,097$2,655
7.5%$4,650$4,417$4,185$3,720$3,255$2,790
8%$4,880$4,636$4,392$3,904$3,416$2,928

Remarks: West University Townhomes in Tucson's Historic West University District is completely renovated inside and out with new electric, plumbing, appliances, flooring, roof, windows, doors, and more. A perimeter 5-6 foot wall provides SECURITY with on site parking. The property is platted for 3 condominiums and has all CCR's and HOA documents recorded. The property is ideal for an ADULT CARE FACILITY, GROUP HOME,BED& BREAKFAST or rentals.Move in ready!

Directions: Speedway to 7th avenue, .5 block south to address.

  
1014 N 7th avenue
Tucson, Arizona 85705

Map

Central Tucson

City Of Tucson

Property SubtypeTri-Plex
3 Br Units3
Year Built 2008
Square Feet 3250
Lot Square Feet 10890
Stories 1
ZoningTucson - HR2
Capitalization Rate0.079
Gross Rent Multiplier11.44
 
Gross Income: 
Avg 3 Br Rent$1700/Mo
Gross Scheduled Rents$61,200/Yr $5,100/Mo
Vacancy Loss-$3060/Yr
Adjusted Gross Income$58,140/Yr$4,845/Mo
 
Expenses: 
Taxes$2000/Yr
Insurance$1100/Yr
Maintenance & Supplies$1000/Yr
Water and Sewer$1800/Yr
Total Expenses$5,900/Yr $492/Mo
 
Net Income: 
Net Income$52,240/Yr $4,353/Mo
 
listed by:
Madera Realty & Mortgage

list price: $665,000




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