117 E 33rd Street, Tucson, AZ 85713

$675,000
Sold Price
$675,000
List Price
$700,000
Closing Date
May 18, 2023
Days on Market
49
Status
CLOSED
MLS#
6531718
City
Tucson
Year Built
1963

Property Description

Seller financing available for this high rent/low expense property! Annual NOI is $67,272 when fully rented. 4 x 2bdrm/1bath renting for $1100/mo. 2 x 1bdrm/1bath renting for $825-850/mo. 1 x studio renting for $761/mo. Currently have 1 vacancy that are in the process of being rented out. (2b/1 & 1b/1b). All utilities are in tenants names except water and trash. Landlord bills tenants $50/mo for water and trash. Other expenses include: taxes and insurance (727.23/mo). Property management (10%/mo). Pest control $105/mo. Fully remodeled 7-unit apartment building. Units have been renovated with new cabinets, countertops, appliances, paint light fixtures, ceiling fans, and more! Range price of $700,000-$775,000. Low end of range for cash offers and high end for financed.

Additional Information

School District
Tucson Unified District
Community Features
No Pool
Construction
Painted, Stucco, Frame - Wood
Cooling
Evaporative Cooling, Wall/Window Unit(s)
Electric
Other (See Remarks)
Heating
None
New Financing
Other (See Remarks), Conventional, 1031 Exchange, Owner May Carry
Parking Features
Free
Roofing
Composition, Built-Up
Sewer
Public Sewer
Taxes
$1,751
Tax Year
2021
Tenant Pays
Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
Units
7
Water
City Franchise
Zoning
SR2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty Executives Arizona Territory. Selling Office: New Western.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.