630 E Elm St Includes: - Frame Stucco Construction
- Electric Metered Seperately
- Gas Metered Seperately
- Package Available
- Heat Pump AC
- Sewer Connected
- City Water
- Actual Figures Presented
- Heat Pump Heating
- Fence
- Fire Protection Included
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $6,246 | $5,933 | $5,621 | $4,997 | $4,372 | $3,747 | | 6% | $6,595 | $6,265 | $5,936 | $5,276 | $4,617 | $3,957 | | 6.5% | $6,953 | $6,605 | $6,257 | $5,562 | $4,867 | $4,172 | | 7% | $7,318 | $6,952 | $6,586 | $5,855 | $5,123 | $4,391 | | 7.5% | $7,691 | $7,307 | $6,922 | $6,153 | $5,384 | $4,615 | | 8% | $8,071 | $7,668 | $7,264 | $6,457 | $5,650 | $4,843 |
Remarks: Great investor opportunity! 100% occupied. Tiled floors thru-out,a few BRs w/carpet. Newer refrigerators, dishwashers, oven/stoves, transfer sewer permit ($3,700) for future laundry room. 6 units are 2BR/1.25 BA; 4 units are 2BR/2BA; 1 unit is 2BR with oversized bath w/tub & shower,+ adjacent fenced yard. 16 parking spaces.Possible lot split per City of Tucson. Owner will consider carry back, CLA for details. Directions: SW corner of 1st Ave. & Elm St. |
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630 E Elm St
Tucson, Arizona 85705
Map
Central Tucson Tucson Heights
| Property Subtype | Apartment | | Number of Units | 11 | | 2 Br Units | 11 | | Year Built | 1977 | | Square Feet | 7393 | | Lot Square Feet | 34195 | | Stories | 1 | | Zoning | Tucson - CR1 | | Tax Year | 2007 | | Capitalization Rate | 0.063 | | Gross Rent Multiplier | 11.91 | | | | Gross Income: | | | Avg 2 Br Rent | $721/Mo | | Gross Scheduled Rents | $95,172/Yr | $7,931/Mo | | Vacancy Loss | -$2850/Yr | | Adjusted Gross Income | $92,322/Yr | $7,694/Mo | | | | Expenses: | | | Contract Services | $5352/Yr | | Gas & Electric | $480/Yr | | Taxes | $4993/Yr | | Insurance | $4728/Yr | | Maintenance & Supplies | $500/Yr | | Resident Manager | $1200/Yr | | Water and Sewer | $5280/Yr | | Total Expenses | $22,533/Yr | $1,878/Mo | | | | Net Income: | | | Net Income | $69,789/Yr | $5,816/Mo |
listed by:
Prudential Foothills Real Estatelist price: $1,100,000
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