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2445 N Alvernon Way Includes:

  • Brick Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Laundry Hookup
  • Covered Parking
  • Central Evaportive Cooling
  • Sewer Connected
  • City Water
  • Proforma Figures Presented
  • Combo Heating
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$1,987$1,888$1,789$1,590$1,391$1,192
6%$2,098$1,994$1,889$1,679$1,469$1,259
6.5%$2,212$2,102$1,991$1,770$1,549$1,327
7%$2,329$2,212$2,096$1,863$1,630$1,397
7.5%$2,447$2,325$2,203$1,958$1,713$1,468
8%$2,568$2,440$2,311$2,055$1,798$1,541

Remarks: Centrally located in the heart of the city w/accessibility to all conveniences. Shopping, public transportation and easy access to the U of A and downtown make this property easy to maintain occupancy. Well maintained, covered parking, laundry hook-ups and individually metered gas and electric for 6 separate casitas allow for ease of management and a great investment.

Directions: Grant/Alvernon-North. Do Not Disturb Tenants.

  
2445 N Alvernon Way
Tucson, Arizona 85712

Map

Central Tucson

Catalina Farms Annex

Property SubtypeApartment
Number of Units6
1 Br Units5
2 Br Units1
Year Built 1950
Square Feet 3621
Lot Square Feet 14810
Stories 1
ZoningTucson - 03
Tax Year2008
Capitalization Rate0.064
Gross Rent Multiplier11.15
 
Gross Income: 
Avg 1 Br Rent$415/Mo
Avg 2 Br Rent$625/Mo
Gross Scheduled Rents$32,400/Yr $2,700/Mo
Vacancy Loss-$1000/Yr
Adjusted Gross Income$31,400/Yr$2,617/Mo
 
Expenses: 
Contract Services$500/Yr
Taxes$2975/Yr
Insurance$1700/Yr
Maintenance & Supplies$2200/Yr
Water and Sewer$1550/Yr
Total Expenses$8,925/Yr $744/Mo
 
Net Income: 
Net Income$22,475/Yr $1,873/Mo
 
listed by:
Long Realty Company

list price: $350,000




Information Deemed Reliable But Not Guaranteed

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